Dentons has advised Enterprise Investors on the acquisition financing from Bank Pekao for its purchase of a significant minority share in Advanced Protection Systems. SSW Pragmatic Solutions reportedly advised the bank.
APS is a technology company founded by Maciej Klemm, CEO, and Radoslaw Piesiewicz, COO. According to Dentons, the company’s proprietary radar technology allows for faster high-precision detection and classification of multiple low, slow, and small flying objects at lower altitudes, and is complemented by intuitive and customizable software.
Enterprise Investors has been active since 1990 and has raised ten funds. These funds have invested and committed EUR 2.2 billion in 155 companies and exited their investments in 137 companies.
"With the support of Enterprise Investors, APS plans to sustain its dynamic growth and accelerate the development of its technological, manufacturing, and organizational capabilities," the firm announced.
CEE Legal Matters reported on the acquisition transaction back on August 30, 2023.
The Dentons team was led by Partner Bartosz Nojek and Counsel Pawel Dlugoborski and included Partner Mark Segall, Senior Associate Aleksandra Czyz, and Associates Mateusz Ciechomski and Daria Dabrowska as well as a team in Luxembourg.