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Wolf Theiss Advises Posella and Pale Fire Capital on Acquisition of Fly.pl

Poland
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Wolf Theiss has advised Posella Limited and Pale Fire Capital on their acquisition of Fly.pl from Grzegorz Bosowski.

The transaction's financial terms were not disclosed.

Posella Limited, based in Larnaca, Cyprus, focuses on high-potential investments in media, price comparison, financial distribution, and real estate. 

Prague-based Pale Fire Capital SE invests in both public and private companies.

Fly.pl is an independent vacation comparison platform in Poland. Founded in 2018, it offers consumers a platform to compare travel packages from different providers.

According to Wolf Theiss, under the agreement, Skyhook – a joint venture between PFC and Posella –  acquired all of the shares from Fly.pl’s owner Grzegorz Bosowski who will continue as CEO alongside the existing senior management team. 

The Wolf Theiss team included Partner Krzysztof Libiszewski and Associates Oliwia Kruczynska and Jan Kazmierczak.

Wolf Theiss did not respond to our inquiry on the matter.