Gide has advised Enterprise Investors on the sale of Intive group companies involved in digital product development to Mid Europa Partners. White & Case, Clifford Chance, and Dechert advised Mid Europa Partners on the deal.
Based on the agreement, Enterprise Venture Fund I (EVF) and Polish Enterprise Fund VII (PEF VII), managed by Enterprise Investors (EI), will sell Intive S.A. and its subsidiaries, a global group engaged in the development of software enabling the process of the digital transformation of enterprises for the needs of clients from various sectors of the economy.
The value of the transaction is approximately EUR 100 million. The transaction is scheduled to close in the first quarter of 2019, and is contingent on the consent of the Office of Competition and Consumer Protection.
Gide’s team consisted of Partner Pawel Grzeskowiak and Associates Wojciech Czyzewski and Dawid Van Kedzierski.
The Dechert team consisted of Partner John Markland and Associate Eve Wright.
The Clifford Chance team advised Mid Europa Partners on financing of the acquisition. The team was led by Partner Andrzej Stosio, supported by Senior Associate Kacper Bardan.