Greenberg Traurig has represented Getback S.A. in the acquisition of a majority stake in EGB Investments S.A. The total value of the transaction amounted to over PLN 200 million.
Getback is a Polish company specializing in the recovery of overdue retail receivables. The company was established in 2012 and since March 2014 has also been active on the accounts receivable market in Romania. The total nominal value of accounts receivables managed by the company amounted to PLN 19.4 billion at the end of 2016.
EGB Investments S.A. is a debt collection company, which assists banks, financial institutions, and other entities with debt management.
The Greenberg Traurig team was supervised by Managing Partner Jaroslaw Grzesiak and led by Local Partner Daniel Kaczorowski. The Team also included Partner Pawel Piotrowski and Associates Paulina Kimla-Kaczorowska and Anna Chrabota.
Greenberg Traurig previously advised Getback and its only shareholder, DNLD Holdings B.V., on its initial public offering of shares and listing on the Warsaw Stock Exchange (as reported by CEE Legal Matters on July 24, 2017).
Greenberg Traurig did not reply to an inquiry about counsel for the sellers.