Handling an investment transaction worth over PLN 100 million for a dynamic Polish software house

Our Law Firm provided services with respect to a transaction where Enterprise Investors invested PLN 111M in Software Mind by purchasing from the company some of the existing shares for PLN 40M and providing a capital injection of PLN 71M (Software Mind’s post-money value stands at PLN 220M). This means that the fund holds 50.2% of the shares in Software Mind, while the company retains operational control over Software Mind.

Our team advised over the course of the entire investment process, including with respect to preparations concerning the investment process, the term sheet, a due diligence review, and negotiations of the provisions of preliminary agreements, the investment agreement, and memorandums of association of the members of the Software Mind Group, making sure that the company’s right as the minority shareholder and, at the same time, the entity managing the day-to-day operations of Software Mind, were safeguarded.

We also handled the legal aspects of a reorganization of the company’s business structure prior to the closing of the deal, including the transfer of an organized part of the enterprise to Software Mind.