CDZ has advised Parkdema UAB, an SPV of the Lithuanian-based Energy and Infrastructure SME Fund managed by Lords LB Asset Management, on its acquisition of a 100% stake in City Parking Group S.A. from, among others, Royalton Partners.
Lords LB Asset Management focuses on real estate and private equity investment strategies. The company currently manages 14 funds, with assets reaching EUR 324 million. This is Lords' first investment in Poland.
CDZ’s assignment included conducting a legal due diligence exercise and drafting and negotiating the transaction documentation.
The team advising on the transaction was headed by Partner Maciej Kotlicki and Attorney-at-Law Piotr Rychta, supported by Trainee Weronika Balenkowska.
CDZ did not reply to an inquiry about counsel for the sellers.