MFW Fiałek advised a private equity fund in the three-stage sale of shares in a portfolio company. The sale also involved a management buyout.
The sale transaction took place in three stages. The first stage involved the sale of a minority shareholding, the second stage was the sale of a majority shareholding, and in the third stage, which has just been completed, the remaining portion of the shares was sold.
The M&A team’s advice included comprehensive support of the transaction structuring process, followed by drafting and negotiating the transaction documentation, the signing the documentation and closing the transaction. The transaction documentation included an investment and shareholders agreement, as well as agreements for the sale of shares in three phases.
In addition, the M&A team comprehensively assisted the seller in negotiating with the bank lending to the portfolio company the amendments to the security documents in connection with the pledge over the shares being sold to secure the credit agreement for that company.