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WKB and Answer Advise on Polskie ePlatnosci's Acquisition of Team4U

WKB and Answer Advise on Polskie ePlatnosci's Acquisition of Team4U

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Wiercinski Kwiecinski Baehr has advised Polskie ePlatnosci on the acquisition of a majority stake in Team4U. Answer Wojciechowski i Partnerzy advised the seller.

Team4U owns the mobile application Simapka, enabling users to register SIM cards, buy top-ups or gift cards, transfer numbers between operators, and use financial services such as loans or insurance.

Nexi Group company Polskie ePlatnosci (PeP) is a payment card operator with operations in Europe.

"Simapka’s entry into the PeP Group will enable us to provide our clients with the most modern technologies and an even wider range of services on the Android terminal, which will allow for the diversification of their sources of income," PeP Vice-President M&A Monika Gaszewska commented. "The acquisition of Simapka is a strong signal of the direction of PeP’s development. We will focus on comprehensive solutions based on added services tailored to the needs of customers. We want to build an ecosystem in which payment will be only one of many elements."

The WKB team was led by Partner Jakub Jedrzejak and Counsel Klaudia Fratczak-Kospin and included Counsel Bartosz Laski, Attorneys-at-Law Sebastian Wozniak, Mateusz Gajda, Aleksandra Baczykowska, and Marek Pretki, Lawyers Katarzyna Stefaniak, Katarzyna Wojcikowska, Julia Jewgraf, Konrad Kropiwnicki, and Marta Palyga, and Advocates Aleksandra Burda-Kiryllo, Monika Obieglo, and Karolina Miksa.

The Answer team included Partners Bartosz Wojciechowski and Kamila Kozera, Associate Elzbieta Bialobrodzka-Skrzypiec, and Junior Associate Anna Zawadzka.

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