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CMS and Clifford Chance Advise on Advent International Investment in Integer.pl and Integer.pl Delisting from Warsaw Stock Exchange

CMS and Clifford Chance Advise on Advent International Investment in Integer.pl and Integer.pl Delisting from Warsaw Stock Exchange

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CMS advised Integer.pl in the process of finding an investor – private equity fund Advent International through AI Prime – and the planned exit from the stock exchange. Clifford Chance advised Advent International on the deal.

As part of the agreement signed on February 23, the parties agreed to announce tender offers to subscribe for shares in Integer.pl and its subsidiary InPost and to delist the shares of both companies from the Warsaw Stock Exchange. The transaction is financed solely by Advent International through its subsidiary AI Prime Luxembourg, which will allocate approximately PLN 170 million for debt refinancing. The fund will also provide an additional approximately PLN 500 million for the purposes of financing future funding needs.

The CMS team was supervised by Michal Pawlowski and led by Counsel Rafal Wozniak and Senior Associate Zuzanna Jurga. It also included Partner Dariusz Greszta, Senior Associates Rafal Kluziak and Agnieszka Ziołek, Associate Magdalena Trzepizur, and Lawyer Jakub Szczygiel. Warsaw-based Partner Graham Conlon and Senior Associate Valentina Santambrogio were also involved in the deal.

The core Clifford Chance team was composed of Counsels Slawomir Czerwinski and Jaroslaw Lorenc, Of Counsel Nick Fletcher, and Senior Associate Jaroslaw Gajda. They were supported by Senior Associates Mateusz Stepien, Kamil Sarnecki, and Aleksandra Lis-Rychlinska, and Associates Antoni Wandzilak, Joanna Pominkiewicz, Katarzyna Aleksandrowicz, Marta Michalek-Gervais, Marta Matynia and Pawel Dlugoborski.

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