Chajec, Don-Siemion & Zyto has advised Capital Partners Investment Fund on a loan provided to IPOS S.A., a Polish provider of IT solutions. GSW Legal Grabarek, Szalc i Wspolnicy — a member of Grata International — advised iPOS on the deal. Proceeds from the loan are to be converted into the company’s share capital through the investor’s exercise of rights under subscription warrants.
According to GSW Legal, the transaction included: "(i) acquisition of copyrights, licenses, and know-how for production of fiscal printers (printing device of fiscal cash register); (ii) exit of a strategic investor; (iii) acquiring new financing from Capital Partners Investment Fund (a bridge loan thereafter converted into equity). New financing from Capital Partners is purposed for development of fiscal equipment produced by iPOS S.A."
CDZ reports that its work on the matter "included developing the concept for the planned transaction, drafting all transaction documents, assisting in the entire process of negotiating the transaction documents and terms of the capital entry of Capital Partners into IPOS."
The transaction was coordinated for Capital Partners by CDZ Partner Maciej Kotlicki, assisted by Advocate Malgorzata Sas-Madej.
The GSW Legal team was led by Managing Partner Rafal Szalc and Legal Advisor Trainee Aleksandra Tkaczyk.
