Clifford Chance advised a consortium of banks consisting of Santander Bank Polska and ING Bank ?l?ski on the deal. Rymarz Zdort advised ProService Finteco on the deal.
Clifford Chance advised a consortium of banks consisting of Santander Bank Polska and ING Bank Slaski on the financing of the takeover of Moventum – a Luxembourg-seated competitor – by ProService Finteco. Proservice Finteco is a leading Polish provider of IT solutions and services to financial institutions, jointly owned by Oaktree and Cornerstone. Their takeover of Moventum marks the beginning of ProService’s expansion to foreign markets. In December 2020 we advised the same lenders on the refinancing of ProService’s financial indebtedness and financing of additional acquisitions/capex.
The Warsaw Clifford Chance team advising on the financing included: Andrzej Stosio (Partner co-heading the Warsaw Banking & Finance Department), Irena Floras-Goode (Counsel), Nick Fletcher (Of Counsel), Aleksandra Rudzinska (Senior Associate), Natalia Karasiewicz (Associate), Aleksandra Bialyszewska (Associate), Wojciech Wator (Associate and Mateusz Ciechomski (Associate)).
The Luxembourg team consisted of: Marc Mehlen (Partner), Udo Prinz (Counsel), Oliver Zwick (Counsel) and Boika Deleva (Senior Associate).
Rymarz Zdort’s team included Managing Partner Pawel Zdort, Partners Monika Kierepa and Zofia Frydrychowicz, Counsel Jakub Krzemien, Senior Associate Aleksandra Kabac, and Associates Jakub Czerka and Wiktor Zien.
Involved fees earner: Aleksandra Bia?yszewska – Clifford Chance; Mateusz Ciechomski – Clifford Chance; Boika Deleva – Clifford Chance; Nick Fletcher – Clifford Chance; Irena Floras-Goode – Clifford Chance; Natalia Karasiewicz – Clifford Chance; Marc Mehlen – Clifford Chance; Udo Prinz – Clifford Chance; Aleksandra Rudzi?ska – Clifford Chance; Andrzej Stosio – Clifford Chance; Wojciech W?tor – Clifford Chance; Oliver Zwick – Clifford Chance; Zofia Frydrychowicz – Rymarz Zdort; Aleksandra Kabac – Rymarz Zdort; Monika Kierepa – Rymarz Zdort; Jakub Krzemien – Rymarz Zdort; Pawel Zdort – Rymarz Zdort; Wiktor Zien – Rymarz Zdort; Jakub Czerka – Weil, Gotshal & Manges;