Transactions | 20.10.2023

MFW Fiałek advised Tutore International Luxembourg S.à r.l. in the acquisition of exclusive control over Tutore Poland sp. z o.o.

MFW Fiałek advised Tutore International Luxembourg S.à r.l. in the acquisition of exclusive control over Tutore Poland sp. z o.o.

Our advice

MFW Fiałek comprehensive legal advice in the transaction included the preparation and negotiation of transactional documents, including a preliminary share purchase agreement, a conditional share purchase agreement, and security agreements, such as a registered pledge agreement on shares and guarantee agreements. Additionally, law firm provided advice to the shareholders of Tutore International Luxembourg S.à r.l regarding the financing of the aforementioned transaction.

Parties of the transaction

Tutore International Luxembourg S.à r.l. is the entity that owns Tutore Poland, a modern online educational platform that brings together hundreds of teachers and thousands of students. Tutore Poland sp. z o.o. (formerly Music & More sp. z o.o.) commenced its educational activities in 2017. Initially, Tutore Poland sp. z o.o. conducted in-person classes in over 1000 locations throughout Poland. Following the outbreak of the pandemic in 2020, the company introduced a new business model – online education for children and adults. Today, it delivers innovative classes on a unique, proprietary platform.