26
Mon, Oct
46 New Articles

Wierzbowski Eversheds Sutherland and White & Case Advise on EEC Magenta Investment in CashDirector

Wierzbowski Eversheds Sutherland and White & Case Advise on EEC Magenta Investment in CashDirector

Poland
Tools
Typography
  • Smaller Small Medium Big Bigger
  • Default Helvetica Segoe Georgia Times

Eversheds Sutherland Wierzbowski has advised the EEC Magenta fund on its PLN 12 million investment in CashDirector, a financial platform supporting small and medium-sized enterprises in liquidity management. White & Case advised CashDirector on the deal.

EEC Magenta is a Polish CVC investment fund that was created by EEC Ventures in partnership with PFR Ventures, Poland's National Centre for Research and Development, and Tauron Polska. The EEC Ventures group manages venture capital funds with a total of PLN 210 million in assets.

The CashDirector platform automates accounting processes in small and medium-sized enterprises, and facilitates financial management. The platform makes automatic postings, fills out tax refund applications, and allows keeping of cost records.” According to Eversheds Sutherland, the investment by EEC Magenta will allow the Warsaw-based company to develop its product, strengthen distribution channels, and expand into Western European markets.

The Eversheds Sutherland Wierzbowski team consisted of Partner Michal Karwacki, Senior Associates Natalia Burchardt, Agnieszka Sagan-Jezowska, and Pawel Lasota, Lawyer Anna Wesolowska, and Associates Malgorzata Derus and Kamil Ciodyk.

White & Case’s team included Warsaw Local Partner Michal Petz and Associate Artur Kloc.

Poland Knowledge Partner

Penteris is a law firm combining in-depth expertise, robust advice, and a pan-regional reach.

We provide full-service business law advice within five sector lines: Energy & natural resources, Financial institutions, Private equity, Real estate, and Retail.

On the market since 2001, we were originally part of a Scandinavian law firm and then a founding office of a pan-Baltic organisation.

Our attorneys will work closely with you, providing you with the hard skills, service-minded know-how, and legal expertise that will keep you secure while you lead the market.

Our skills are at your disposal:

  • Expertise and passion wrapped up in a personal service
  • Close-knit team providing a multidisciplinary approach
  • Ability to listen, understand, and deliver for the tangible benefit of the client.

The team continues to be internationally recognised year on year, most recently by Chambers Global 2019, Chambers Europe 2019, and The Legal 500 EMEA 2019.

Firm's website: https://penteris.com

Our Latest Issue