Chajec, Don-Siemion & Zyto has advised Equitin Partners Limited, a private equity fund in the financial services, FMCG, and healthcare sectors, on its acquisition of the 70% controlling stake in Time for Wax, a Polish beauty services chain. The sellers, Time for Wax's founders, were advised by Punda Lyszczarek i Wspolnicy (PLW).
According to CDZ, "following the transaction Equitin Partners Limited intends to continue its market expansion and create new services and products for consumers. Equitin Partners set out rules for the company’s governance in cooperation with its founders in an investment agreement and related documentation."
CDZ drafted of the transaction documents, including the investment agreement, amendments to the articles of association incorporating the provisions of that agreement, and related agreements. The firm's team was headed by Partner Maciej Kotlicki, supported by Advocate Malgorzata Sas-Madej.
The PLW team was led by Partner Lukasz Lyszczarek.