MFW Fiałek advised LangMedia sp. z o.o. and Tutore Poland sp. z o.o. in obtaining financing in the amount of 61.2 million PLN for the buyout of minority shareholders of LangMedia sp. z o.o.
Our advice
MFW Fiałek’s services included comprehensive legal advice on obtaining financing, including drafting and negotiating loan documentation.
The transactional team was led by Mirosław Fiałek – Partner, and Mariusz Domagała – Senior Associate. The team also included Cezary Giziński – Associate, Maksymilian Kulczycki – Associate, Wojciech Lichterowicz – Associate, and Franciszek Furmaniak – Junior Associate.
Parties of the transaction
Tutore Poland sp. z o.o. (formerly Music & More sp. z o.o.) started its educational activity in 2017. Its goal was to reach the largest possible group of clients with its modern educational offer. At the very beginning Tutore Poland sp. z o.o. offered in-school classes in more than 1,000 outlets all over Poland. Following the outbreak of COVID-19 pandemic in 2020 the company introduced a new business model – online educational for children and adults. Nowadays it offers innovative classes via its unique self-developed platform.
LangMedia sp. z o.o. is one of the most recognisable language schools in Poland offering passive learning via eTutor, its own application. Its offer includes language courses for individual and enterprises.