B2RLaw has advised Atende on the 100% sale of subsidiary Atende Software to Custodia Capital for PLN 52.5 million. Mrowiec Fialek & Partners advised Custodia Capital on the deal.
Atende Capital Group, which was founded in 2012 as is listed on the Warsaw Stock Exchange, provides IT infrastructure and software solutions. According to B2RLaw, "the group specializes in the integration of ICT, combining the offer of world-class suppliers, building new generation computer networks and data centers. Atende also provides leading solutions in the area of cybersecurity. An increasingly important part of Atende’s business is cloud computing and managed services." According to the firm, "Atende Software focuses on the development of innovative technologies relating to multimedia, Smart Grid, and cybersecurity. The company has developed the largest online video distribution network in Poland. On the basis of its redGalaxy platform, the company provides services for supporting the entire process of publishing multimedia on the Internet."
Custodia Capital is a Polish private equity fund focusing ons mall and mid-sized companies in CEE.
B2RLaw’s team was led by Partner Przemyslaw Krzemieniecki and included Partner Szymon Syp and Senior Associate Iga Wojtczak-Opala.
The Mrowiec Fialek and Partners team was led by Partner Miroslaw Fialek and Senior Associate Kacper Czubacki and included Senior Associates Rafal Siemieniec and Joanna Kowalczyk, Associate Sylwia Mizera, Paweł Siwiec, Wojciech Lichterowicz, and Marcin Traczyk, and Junior Associate Natalia Chojnowska.
Editor's Note: After this article was published, Gessel announced that it had advised a group of unnamed individual investors co-investing with Custodia Capital and providing equity financing in the management buyout of Atende Software. The firm's team was supervised by Malgorzata Badowska, led by Managing Associate Karol Sokol, and included lawyers Dominik Kaszuba and Jedrzej Besztak.
