Gessel has advised the Avallon MBO fund on its acquisition of sports and branded apparel retailer SAT.
The transaction remains contingent on regulatory approval.
Avallon is an independent Polish private equity manager that describes itself as "a pioneer of the management buyout market in Poland," having participated in over 100 such transactions to date.
SAT, registered in Poznan, is a multi-brand retailer of sports and fashion apparel developing the S'portofino brand. With over 120 brands in its portfolio, it operates an online store in eight languages and showrooms in Warsaw, Poznan, Katowice, Wroclaw, Gdynia, and Polanica Zdroj.
Back in 2021, Gessel also advised Avallon MBO on the sale of MPS International (as reported by CEE Legal Matters on November 30, 2021).
The Gessel team included Partners Maciej Kozuchowski and Bernadeta Kasztelan-Swietlik, Senior Associates Katarzyna Olszak and Majka Rucinska, and Associate Karolina Olszewska.
Gessel did not respond to our inquiry on the matter.
