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Wolf Theiss Advises Posella and Pale Fire Capital on Acquisition of Fly.pl

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Wolf Theiss has advised Posella Limited and Pale Fire Capital on their acquisition of Fly.pl from Grzegorz Bosowski.

The transaction's financial terms were not disclosed.

Posella Limited, based in Larnaca, Cyprus, focuses on high-potential investments in media, price comparison, financial distribution, and real estate. 

Prague-based Pale Fire Capital SE invests in both public and private companies.

Fly.pl is an independent vacation comparison platform in Poland. Founded in 2018, it offers consumers a platform to compare travel packages from different providers.

According to Wolf Theiss, under the agreement, Skyhook – a joint venture between PFC and Posella –  acquired all of the shares from Fly.pl’s owner Grzegorz Bosowski who will continue as CEO alongside the existing senior management team. 

The Wolf Theiss team included Partner Krzysztof Libiszewski and Associates Oliwia Kruczynska and Jan Kazmierczak.

Wolf Theiss did not respond to our inquiry on the matter.

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With over 360 lawyers in 13 countries, over 80% of the firm’s work involves cross-border representation of international clients. We have concentrated our energies on a unique part of the world: the complex, fast-developing markets of the CEE/SEE region. Through our international network of offices, we work closely with our clients to develop innovate solutions that integrate legal, financial, and business know-how.

Wolf Theiss provides fully integrated corporate services in mergers and acquisitions, private equity, real estate, banking and finance, tax and insurance, employment law, competition law, energy law, privatisation, restructuring, public procurement and litigation. At Wolf Theiss, we measure our success by the success of our clients. We align our goals with yours to ensure that your needs are being met in even the most complex of cross-border matters. This means that we know how to listen to you and help you use the assets you already have while finding opportunities.

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