Chajec, Don-Siemion & Zyto has advised a fund managed by TFI Capital Partners S.A. on an indirect transfer to Aplitt S.A. of all shares in Monetia Sp. z o.o., which the firm describes as "the largest Polish company in terms of the number of outlets specializing in financial transaction outsourcing and cash transaction handling."
According to CDZ, "Monetia is a fintech/payment processing company providing payment services under a license from the Polish Financial Supervision Authority. It has more than 700 outlets and 400 regular institutional clients. Monetia handles 1.5 million low commission fee retail transactions per month. The annual amount of payments processed by Monetia is PLN 3.6 billion."
This is the third transaction CDZ has assisted Capital Partners with this year, following its financing of a Polish IT solution provider and a multi-stage equity restructuring of a manufacturing company.
The CDZ team advising on the transaction was coordinated by Aleksandra Szyszko-Kaminska, supported by Malgorzata Sas-Madej and Daniel Kozlowski.