17
Sat, Apr
61 New Articles

Linklaters, Greenberg Traurig, and Gessel Advise on Triton and Flokk Acquisition of Profim from Innova Capital

Linklaters, Greenberg Traurig, and Gessel Advise on Triton and Flokk Acquisition of Profim from Innova Capital

Poland
Tools
Typography
  • Smaller Small Medium Big Bigger
  • Default Helvetica Segoe Georgia Times

Linklaters has advised Triton Partners and Flokk Group on the acquisition of Profim sp. z o.o. from Innova Capital. Greenberg Traurig advised Innova Capital on the acquisition, and Gessel advised Profim and its shareholders on the closing of the transaction.

As a result of the transaction, both Innova Capital and the remaining shareholders of Profim acquired new shares in Flokk (approximately 75%) in exchange for their existing shareholdings in Profim. Funds advised by Triton remain the majority owners of Flokk, while the current owners of Profim, Innova Capital, together with two founders, will be minority shareholders.

Triton’s funds invest in and support the positive development of medium-sized businesses headquartered in Europe, focusing on businesses in the Industrial, Business Services, and Consumer/Health sectors. Flokk Group manufactures office furniture in Northern Europe and is the owner of the HAG, RH, Giroflex, BMA, Offecct, Malmstolen, and RBM brands. Profim is a manufacturers of office chairs in Eastern Europe.

Innova Capital is a private equity fund in the CEE region and invests in the medium-sized enterprises segment.

The Linklaters Warsaw team was led by Partner Daniel Cousens and Managing Associate Klaudia Krolak, supported by Senior Associate Jakub Wozniak. The team also included Partner Malgorzata Szwaj, Senior Associate Wojciech Podlasin, Managing Associate Marta Domino, Associates Magdalena Szewczyk and Maciej Checinski, and Junior Associate Maciej Ficinski.

The GT team was supervised by Managing Partner Jaroslaw Grzesiak and led by Partner Pawel Piotrowski.

The Gessel team was led by Managing Associate Karol Sokol and included Managing Associate Natalia Jodlowska, Attorney Inarda Bielinska, and Trainee Attorneys Anna Ryniec and Michal Osowski.

Poland Knowledge Partner

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

We provide full-service business law advice within five sector lines: Energy & natural resources, Financial institutions, Private equity, Real estate, and Retail.

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.

Our skills are at your disposal:

  • Expertise and passion wrapped up in a personal service
  • Close-knit team providing a multidisciplinary approach
  • Ability to listen, understand, and deliver for the tangible benefit of the client.

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

Our Latest Issue