DWF has advised the Avallon MBO fund on the full sale of Marketplanet to the Byggfakta Group. Schoenherr advised Byggfakta on the acquisition.
The Byggfakta Group is a software and information company within the construction industry, with a proprietary cloud-based service and a fully integrated data and software platform. The Byggfakta Group has been listed on Nasdaq Stockholm since 2021. "The acquisition of Marketplanet aligns with the Byggfakta Group's strategic goal of strengthening its footprint in Central and Eastern Europe," Schoenherr announced.
Headquartered in Warsaw, Otwarty Rynek Elektroniczny (Marketplanet) is a company in the Polish B2B e-commerce sector, providing IT solutions to support purchasing procedures in companies as well as in public administration, DWF reported.
Avallon MBO is a private equity fund based in Lodz, Poland, specializing in management buy-outs.
The DWF team was led by Partner Rafal Wozniak and Senior Counsel Radoslaw Biedecki and included Senior Associate Katarzyna Stefaniak and Junior Associate Joanna Szczech.
The Schoenherr team was led by Partner Pawel Halwa and Senior Attorney at Law Krzysztof Lesniak and included Partners Daria Rutecka and Weronika Kapica, Attorney at Law Klaudia Szatan, Associate Karolina Samocik, and Junior Associate Piotr Podsiedlik.