DLA Piper Advises Enterprise Investors on Investment in eTravel

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DLA Piper has advised Enterprise Investors fund on a EUR 58 million investment in eTravel, alongside the European Bank for Reconstruction and Development as a co-investor.

Founded in 2006, eTravel operates in corporate travel management in the CEE region via its self-booking platform Corporate Travel Assistant.

The DLA Piper team included Partner Rafal Kluziak, Counsels Michal Banasiak and Izabela Gebal, and Senior Associate Karolina Pichit.

DLA Piper did not respond to our inquiry on the matter.

Editor's Note: After this article was published, Norton Rose Fulbright announced that it advised TFI PZU on the financing of the acquisition. The firm's team in Warsaw included Partner Tomasz Rogalski, Counsel Krzysztof Jasinski, Senior Associate Igor Kondratowicz, and Lawyer Antoni Krzyzanowski.

Additionally, Schoenherr announced that it advised Enterprise Investors as well. The firm's team included Partner Ilona Fedurek and Senior Attorney at Law Piotr Bartos.