Private equity, venture capital

At MFW Fiałek, our attorneys have exceptional knowledge and extensive experience in advising clients on transactions involving private equity and venture capital funds, representing both companies and their founders and the funds themselves. Our support covers all stages of the investment, from selecting the transaction structure, to due diligence, negotiating transaction documentation, and executing all aspects of the transaction, to consultancy during the investment period and the investment exit process.

Thanks to our many years of experience and a good understanding of the specifics of private equity and venture capital transactions, as well as our excellent knowledge of industry standards, we are able to competently advise our clients and help them achieve their goals.

Our experience encompasses a variety of forms and types of transactions, including:

  • buyouts, including leveraged buyouts,
  • transactions to raise capital for companies at various stages of development, including start-ups and companies at various stages of obtaining financing,
  • recapitalising portfolio companies,
  • exiting investments (sale to industry or financial investors, IPO, management buyout),
  • market consolidations, including acquisitions by the fund’s portfolio companies,
  • creation of vehicles and complex structures designed to conduct investments,
  • developing employment programs as well as incentive and option programs for the managerial staff of portfolio companies,
  • monitoring the course of investments and ongoing advisory services during the investment period, including modifying the investment documentation, providing rescue financing, or other renegotiation of investment conditions.

Our attorneys have experience in advising numerous private equity and venture capital funds operating on the Polish market – experience gained both at our firm and in their previous practice. They have advised clients including:

  • Bridgepoint Private Equity,
  • Advent International,
  • Montagu Private Equity,
  • Value 4 Capital,
  • Custodia Capital,
  • 21 Concordia,
  • ESO Capital,
  • Liberty Global,
  • Innova Capital,
  • Argus Capital,
  • Amundi Private Equity,
  • Societe General Private Equity,
  • Enterprise Investors,
  • KBC Private Equity,
  • Krokus Private Equity,
  • Kulczyk Holding,
  • Harvent Capital sp. z o.o.,
  • ARIA AIFM S.A.,
  • Polish Venture Fund sp. z o.o.,
  • Tar Heel Capital,
  • Xevin Investments sp. z o.o.

We have advised on numerous projects in which the other parties to the transaction were other private equity funds, including Avallon, CVI, and the Carlyle Group.

We regularly advise private equity fund portfolio on market consolidation and add-on transactions. We have often worked in this capacity many times on behalf of Advent International and Innova Capital.

Completed projects

  • Argus Capital

    Advice on selling a majority share and exiting the investment in KCR S.A.

  • Advent International

    Advising the owner of Wydawnictwa Szkolne i Pedagogiczne S.A. on the transformation transaction and the subsequent takeover of the Szkoła Języków Obcych R. Jeżak sp.z o.o foreign language schools.

  • Advent International

    Advising the owner of Wydawnictwa Szkolne i Pedagogiczne S.A. on the spin-off and takeover of Empik School.

  • Innova Capital portfolio company

    Advice on preparing non-competition agreements for the employees of an acquired limited liability company

  • Value4Capital

    Advice on drawing up and negotiating bonus agreements for members of the management board of one of the portfolio companies in connection with exiting an investment.

  • ESO Capital

    Advising a private equity fund on the sale of Tempo Finanse sp. z o.o. to Everest Finanse S.A.

  • Argus Capital

    Advising the investment fund on the sale of shares in GTX Hanex Plastic sp. z o.o.

  • Wydawnictwo Szkolne i Pedagogiczne

    Advice on acquiring the Profi Lingua language schools.

  • Fabryka Dywanów „Agnella” S.A.

    Advising shareholders selling the company to Brintons Carpets Limited, a subsidiary of The Carlyle Group – one of the world’s largest private equity funds.

  • Montagu Private Equity

    Advising on the acquisition of Emitel, a leading terrestrial radio and television operator in Poland.


Awards and rankings

  • Rzeczpospolita
  • The Lawyer European Awards
  • PSIK
  • Chambers Europe
  • IFLR1000
  • MergerMarket
  • Legal 500
  • CEE Mergers and Acquisitions

In the Ranking of Law Firms of the daily newspaper Rzeczpospolita 2024, we were named as a leader in the categories (law firms with up to 50 lawyers): Commercial Law, Corporate Law, Mergers and Acquisitions; Private Equity and Real Estate.

Mirosław Fiałek was recognised as a leader in the categories Commercial Law, Corporate, M&A and Private Equity, and Rafał Siemieniec in the category: Real Estate.

MFW Fiałek also received a distinction (2nd place) in the category of Handling leading transactions on the Polish market in 2023.

In the Ranking of Law Firms of the daily newspaper Rzeczpospolita 2023, we were named as a leader in the categories (Division II – law firms with up to 50 lawyers): Commercial Law, Corporate Law, Mergers and Acquisitions; Private Equity and Real Estate.

Mirosław Fiałek was recognised as a leader in the categories Commercial Law, Corporate, M&A and Private Equity, and Rafał Siemieniec in the category: Real Estate.

MFW Fiałek has been shortlisted for the third time as a finalist in the European Specialist Law Firm of the Year category at The Lawyer European Awards 2024.

MFW Fialek has been shortlisted as a finalist for The Lawyer European Awards 2023 in the European Specialist Law Firm of The Year category.

MFW Fialek has been shortlisted as a finalist for The Lawyer European Awards 2022 in the European Specialist Law Firm of The Year category.

The Private Equity practice, led by Partner Miroslaw Fiałek, is a finalist in the “legal advisor – venture capital” category of the PSIK Awards competition, organised by the Polish Private Equity and Venture Capital Association. The law firm is among the four law firms in Poland that were nominated.

The Private Equity practice, led by Partner Miroslaw Fiałek, was a finalist in the “legal advisor – private equity” category of the PSIK Awards competition, organised by the Polish Private Equity and Venture Capital Association. The law firm was among the five law firms in Poland that were nominated.

The Private Equity practice, led by Partner Miroslaw Fiałek, was a finalist in the “legal advisor – private equity” category of the PSIK Awards competition, organised by the Polish Private Equity and Venture Capital Association. The law firm was among the four law firms in Poland that were nominated.

In the Chambers Europe 2024 ranking, MFW Fiałek law firm has been distinguished in the Corporate & M&A: Mid Market category, advancing to Band 3 this year compared to our previous position:

“MFW Fiałek climbs the rankings as a result of strong market support. The team advises on a full range of corporate matters, including acquisitions, joint ventures and corporate structuring. The team has experience advising international investors, including private equity funds. Its clients include domestic conglomerates as well as international companies.”

Mirosław Fiałek, our managing partner, has once again been recognised as a recommended lawyer in the Corporate & M&A: Mid Market category. Mirosław Fiałek maintained his position in the ranking and was indicated at Band 2.

According to Chambers Europe Mirosław Fiałek showcases extensive activity and market recognition at the mid-market level. Fiałek is proficient at handling acquisitions and restructuring procedures.”

In the Chambers Europe 2023 ranking, MFW Fiałek law firm has been distinguished in the Corporate & M&A: Mid Market category:

MFW Fiałek enters the rankings as a result of strong market support. The team advises on a full range of corporate matters, including acquisitions, joint ventures and corporate structuring. The team has experience advising international investors, including private equity funds. Its clients include domestic conglomerates as well as international companies.

Mirosław Fiałek, our managing partner, has once again been recognised as a recommended lawyer in the Corporate & M&A: Mid Market category. His position in this ranking has strengthened and this year he has been designated as Band 2.

According to Chambers Europe Mirosław Fiałek showcases extensive activity and market recognition at the mid-market level. Mirosław Fiałek is proficient at handling acquisitions and restructuring procedures.

In the Chambers Europe 2022 ranking, Partner Mirosław Fiałek was awarded in the Corporate/M&A: Mid-Market category in Band 3.

Mirosław Fiałek has joined the ranking ‘after showcasing extensive activity and market recognition at the mid-market level’. In addition, he has been recognized as an expert in handling acquisitions and restructuring.

In the Chambers Europe 2012 ranking, Partner Mirosław Fiałek was distinguished as “Up and Coming” in the area of Private Equity practice and was identified as “a lawyer valued both for his particular attention to detail and the ability to see the full picture of the situation” and as “one of the most promising lawyers in the field of private equity in Poland.”

In the IFLR1000 2024 ranking, MFW Fiałek were  awarded in the field of M&A practice and in the Capital markets: Debt and Capital markets: Equity.

In the IFLR1000 2024 ranking, MFW Fiałek were awarded in the field of M&A practice, obtaining a high position in Tier 4.

Partner Mirosław Fiałek was distinguished as “Highly Regarded” in the field of M&A and Private Equity.

In the IFLR1000 2023 ranking, MFW Fiałek were  awarded in the field of M&A practice and in the Capital markets: Debt and Capital markets: Equity.

In the IFLR1000 2023 ranking, MFW Fiałek were awarded in the field of M&A practice, obtaining a high position in Tier 4.

Partner Mirosław Fiałek was distinguished as “Highly Regarded” in the field of M&A.

In the IFLR1000 2022 ranking, MFW Fiałek were  awarded in the field of M&A practice and in the Capital markets: Debt and Capital markets: Equity.

In the IFLR1000 2022 ranking, MFW Fiałek were awarded in the field of M&A practice, obtaining a high position in Tier 4.

Partner Mirosław Fiałek was distinguished as “Highly Regarded” in the field of M&A.

In the IFLR1000 2021 ranking, MFW Fiałek were awarded in the field of M&A practice.

In the IFLR1000 2021-22 ranking, MFW Fiałek were awarded in the field of M&A practice, obtaining a high position in Tier 4.

Partner Mirosław Fiałek was distinguished as “Highly Regarded” in the field of M&A.

In the IFLR1000 2019 ranking, MFW Fiałek were awarded in the field of M&A practice.

Partner Mirosław Fiałek was distinguished as “Highly Regarded” in the field of M&A.

In the IFLR1000 2019 ranking, MFW Fiałek were awarded in the field of M&A practice.

Partner Mirosław Fiałek was distinguished as “Highly Regarded” in the field of M&A.

In the IFLR1000 2018 ranking, MFW Fiałek were awarded in the field of M&A practice.

Partner Mirosław Fiałek was distinguished as “Highly Regarded” in the field of M&A.

In 2019, the Partner Mirosław Fiałek was classified as one of the most active lawyers in the field of M&A practice in the entire CEE region.

In the Legal 500 2024 ranking, MFW Fiałek was awarded in the field of Capital Markets practice.

In the Legal 500 2023 ranking, MFW Fiałek was awarded in the field of Capital Markets practice.

In the Legal 500 2019 ranking, MFW Fiałek was awarded in the field of Commercial, Corporate and M&A practice.

In the Legal 500 2018 ranking, MFW Fiałek was awarded in the field of Commercial, Corporate and M&A practice.

In the Legal 500 2017 ranking, MFW Fiałek was awarded in the field of Commercial, Corporate and M&A practice.

In the Legal 500 2016 ranking, MFW Fiałek was awarded in the field of Commercial, Corporate and M&A practice.

In 2018, MFW Fiałek were recognised as the best boutique law firm of the year, receiving an award at the CEE Mergers and Acquisitions Awards 2018.

  • 2024
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  • 2020
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  • 2012
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  • 2024
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01/09

Alvo sp. z o.o. sp.k.

MFW Fiałek provides services at a level comparable to that of the largest network law firms. The boutique character and narrow specialisation of the law firm are undoubtedly their great advantage. Our transaction was very complex, and the attorneys at MFW Fiałek were of invaluable support for us.

Agata Olszewska Proxy, Alvo sp. z oo sp.k.

Tempo Finanse sp z o.o.

While working together, the team led by Mirosław Fiałek was distinguished by their business approach to the transaction, thorough understanding of the issues, and both highly substantive and effective argumentation during negotiations.

Jarosław Wyrzykowski President of Tempo Finanse sp. z o.o.

ESO Capital

With full conviction, I can recommend the firm as a competent legal advisor in M&A and PE transactions, distinguished by their business approach to the transaction and their incredible commitment. In my opinion, working with the firm had a significant impact on the success of the transaction.

Richard Butler Founding Partner, Chief Operating Office rat ESO Capital

Value4Capital

MFW Fiałek advised us on the sale of the business operations of a private security group to a company based in Shanghai, China. With full conviction, I can recommend the firm as a competent, reliable, and comprehensive legal advisor in M&A and Private Equity transactions, as well as for transaction services.

Jacek Pogonowski Partner, Value4Capital

Clovin S.A.

During the transaction, the team at the firm had to face challenges arising from a complicated investment process, as part of which an international private equity fund invested in a family company. The transaction documentation prepared by the firm not only comprehensively secured each of the company’s shareholders individually, but also accounted for the specific nature of the company’s operations, based on close cooperation among the existing shareholders.

Arkadiusz Żanowski President of the Management Board, Clovin S.A.

Centrum Rozliczeń Elektronicznych Polskie ePłatności S.A.

The firm was responsible for structuring the transaction our company conducted, as well as for preparing, negotiating, and signing the transaction documents and closing of the transaction. I can definitely recommend MFW Fiałek.

Marcin Drozdowski Vice President of the Management Board of Polish ePayments (Centrum Rozliczeń Elektronicznych Polskie ePłatności S.A)

OCRK Polska sp. z o.o.

The law firm provided comprehensive and efficient legal advice on the transaction our company conducted. The whole thing went very smoothly and professionally. I definitely recommend MFW Fiałek.

Marcin Stencel Member of the Management Board of OCRK Polska sp. z o.o.

CIC sp. z o.o.

We worked with MFW Fiałek on two company sale transactions. During this process, the firm proved to be a professional and committed partner, providing comprehensive legal support at every step of the way.

Rafał Błędowski Partner, CIC sp. z o.o.

Yuniversal Development sp. z o.o.

During our cooperation, the team at the firm demonstrated professionalism, experience, and an excellent understanding of both the legal issues and the business environment of the transaction. In our opinion, working with the firm had a significant impact on the success of the transaction.

Wojciech Czyżewski Proxy, Yuniversal Development sp. z o.o.
Practices
  1. 01. Mergers and acquisitions
  2. 02. Private equity, venture capital
  3. 03. Acquiring an investor
  4. 04. Family Foundation
  5. 05. Bonds issues
  6. 06. Due diligence
  7. 07. Real estate and investment process
  8. 08. Capital market transactions, share offers
  9. 09. Collateral administration
  10. 10. Investment funds
  11. 11. Regulatory advice
  12. 12. Corporate law
  13. 13. Restructuring
  14. 14. Obtaining finance
  15. 15. Dispute resolution
  16. 16. Competition law
  17. 17. Manager option programs
  18. 18. Labour law
  19. 19. Intellectual property
  20. 20. Personal data protection