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Rymarz Zdort Advises Play on Acquisition of 92.5% Stake in Redge Technologies

Rymarz Zdort Advises Play on Acquisition of 92.5% Stake in Redge Technologies

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Rymarz Zdort has advised the Play Group on its acquisition of a 92.5% stake in Redge Technologies from Custodia Capital. Dentons reportedly advised Custodia.

Redge Technologies is a provider of linear and on-demand TV systems to media and telecommunications businesses. According to Rymarz Zdort, “its flagship solution, Redge Media, is a native OTT technology platform. Additionally, Redge Technologies has developed an innovative carrier-class system that protects against cyberattacks on a European scale.”

Custodia Capital is a fund that focuses on private equity investments in the SME sector in Poland.

According to the firm, “the remaining 7.5% stake in the company stays with its founder and CEO Przemyslaw Frasunek. Play’s experience in providing fiber-optic internet and 5G mobile services, combined with Redge Technologies’ video competencies, will allow the two companies to offer new digital video distribution solutions.”

Rymarz Zdort’s team included Partners Jakub Zagrajek, Monika Kierepa, and Jakub Rachwal, Senior Associate Pawel Mazur, and Associates Patrycja Gliwka and Sebastian Stepinski.

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Across over 80 countries, Dentons helps you grow, protect, operate and finance your organization by providing uniquely global and deeply local legal solutions. Polycentric, purpose-driven and committed to inclusion, diversity, equity and sustainability, we focus on what matters most to you.

Dentons is one of the leading law firms in CEE and Central Asia with offices in Warsaw, Prague, Budapest, Bucharest, Bratislava, Kyiv, Baku, Almaty, Astana, Tbilisi and Tashkent. With a legacy of supporting local and international clients in Central and Eastern Europe since the early 1990s, we have the experience and market insight to help clients close deals, resolve disputes and do business in the key markets across the region.

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