GESSEL advises on the sale of a majority stake in DomData to Kulczyk Investments

GESSEL advised the shareholders of DomData S.A., a leading Polish provider of low code technology and business process automation solutions, on the sale of a majority stake to Kulczyk Investments S.A., an investment fund owned by Sebastian Kulczyk. The parties signed a conditional investment agreement under which Kulczyk Investments will acquire 65% of DomData’s shares. Completion of the transaction is subject to approval by the Office of Competition and Consumer Protection.

For over twenty years, DomData has supported the digital transformation of financial institutions in Poland through proprietary technology, including the Ferryt process automation platform and the InForum analytics platform. Backed by its new investor, the company plans to accelerate product development, broaden its sector reach to include energy, telecommunications and real estate, and further expand its international footprint.

“Joining forces with Kulczyk Investments opens a new chapter for DomData. We aim to leverage the investor’s international capabilities to scale our solutions and bring Polish low code technology to global markets,” said Radosław Mączyński, Chief Executive Officer of DomData.

“The DomData team has built a technologically distinctive organisation that has long been a strategic partner to the financial sector in the area of digital process automation. Throughout the transaction, it became clear how important a well-designed growth strategy and readiness for an incoming investor are. We are pleased to have supported our clients at such a pivotal stage in the company’s development,” commented Michał Bochowicz, Partner at GESSEL.

GESSEL provided comprehensive legal advice at every stage of the transaction, including deal structuring as well as the preparation and negotiation of the transaction documentation. CMT Advisory acted as the M&A advisor to the selling shareholders.