GESSEL advised BNP Paribas Bank Polska on equity investment in Profi

We are pleased to announce that GESSEL once again advised BNP Paribas Bank Polska S.A., this time on a co-investment executed through a special purpose vehicle controlled by Custodia Capital, a private capital investment firm that supports small and mid-sized enterprises in Central and Eastern Europe, as part of the leveraged buyout of a majority stake in Profi S.A., a well-known Polish producer of ready-made soups and pâtés.

As part of the transaction, BNP Paribas Bank Polska delivered equity financing in the form of shares and convertible bonds. The structure of the deal also includes co-financing by a senior lender and a planned future merger of the special purpose vehicle with Profi.

Our team provided comprehensive legal support throughout the process, from preparing the equity financing documentation, to representation before the President of the Office of Competition and Consumer Protection (UOKiK) as well as safeguarding interests during the closing of the investment.

“We are grateful to BNP Paribas Bank Polska for the unwavering trust placed in us and for the professionalism that contributes to our shared successes. We would also like to thank all others involved in the transaction, whose passion and diligence form the foundation of our excellent cooperation” – said Małgorzata Badowska, partner, GESSEL.