Baker McKenzie has advised Argan Capital and Polon-Alfa on the financing required for a new continuation fund for Polon-Alfa managed by Argan Capital as well as on the full refinancing of Polon-Alfa’s existing debt secured through P Capital Partners. Clifford Chance reportedly advised on the matter as well.
Argan Capital is a CEE-focused mid-market private equity firm.
Polon-Alfa is a producer of fire detection products and systems across Poland, Romania, Hungary, and beyond. According to Baker McKenzie, the financing is designed to support Polon-Alfa’s further development through a new continuation fund, while simultaneously refinancing existing debt, thus enhancing the company’s operational efficiency and strategic flexibility.
The Baker McKenzie team included Warsaw-based Partner Marcin Iwaniszyn, Senior Associates Jakub Czerka and Jan Szczurek, and Associate Oskar Lipien as well as further team members in London.