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Rymarz Zdort Advises Play on Acquisition of 92.5% Stake in Redge Technologies

Rymarz Zdort Advises Play on Acquisition of 92.5% Stake in Redge Technologies

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Rymarz Zdort has advised the Play Group on its acquisition of a 92.5% stake in Redge Technologies from Custodia Capital. Dentons reportedly advised Custodia.

Redge Technologies is a provider of linear and on-demand TV systems to media and telecommunications businesses. According to Rymarz Zdort, “its flagship solution, Redge Media, is a native OTT technology platform. Additionally, Redge Technologies has developed an innovative carrier-class system that protects against cyberattacks on a European scale.”

Custodia Capital is a fund that focuses on private equity investments in the SME sector in Poland.

According to the firm, “the remaining 7.5% stake in the company stays with its founder and CEO Przemyslaw Frasunek. Play’s experience in providing fiber-optic internet and 5G mobile services, combined with Redge Technologies’ video competencies, will allow the two companies to offer new digital video distribution solutions.”

Rymarz Zdort’s team included Partners Jakub Zagrajek, Monika Kierepa, and Jakub Rachwal, Senior Associate Pawel Mazur, and Associates Patrycja Gliwka and Sebastian Stepinski.

Dentons at a Glance

Dentons is the world's largest law firm, connecting talent to the world's challenges and opportunities in more than 75 countries. Dentons' legal and business solutions benefit from deep roots in our communities and award-winning advancements in client service, including Nextlaw, Dentons’ innovation and strategic advisory services. Dentons' polycentric and purpose-driven approach, commitment to inclusion and diversity, and world-class talent challenge the status quo to advance client and community interests in the New Dynamic.

Dentons is one of the leading law firms in CEE/CIS, with offices in Warsaw, Prague, Budapest, Moscow, Bucharest, Bratislava, Kyiv, Baku, Almaty, Astana, Tbilisi and Tashkent. With a legacy of supporting local and international clients in Central and Eastern Europe since the early 1990s, we have the experience and market insight to help clients close deals, resolve disputes and do business in the key markets across the region.

Firm's website.