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CDZ Advises Lords LB on the Acquisition of City Parking Group

CDZ Advises Lords LB on the Acquisition of City Parking Group

Poland
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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.

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Penteris is a law firm combining in-depth expertise, robust advice, and a pan-regional reach.

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On the market since 2001, we were originally part of a Scandinavian law firm and then a founding office of a pan-Baltic organisation.

Our attorneys will work closely with you, providing you with the hard skills, service-minded know-how, and legal expertise that will keep you secure while you lead the market.

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The team continues to be internationally recognised year on year, most recently by Chambers Global 2020, Chambers Europe 2020, and The Legal 500 EMEA 2020.

Firm's website: https://penteris.com

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