Polsko-Szwajcarska
Izba Gospodarcza
CRIDO

CRIDO advised on two transactions

CRIDO advised on the sale of 100 percent of Aura Medic Południe shares

CRIDO acted as Corporate Finance advisors to the Owners of Aura Medic Południe sp. z o.o., which owns two magnetic resonance diagnostic centres – in Stalowa Wola and Radomsko.

Two magnetic resonance diagnostic centres (in Stalowa Wola and Radomsko) have come under new ownership. The previous owners chose to sell 100 percent of their shares in the company to Bonus-Diagnosta sp. z o.o., a company controlled by PZU Zdrowia S.A., which operates in the medical services sector.

The sale was facilitated by CRIDO, which acted as the sole corporate finance advisor to the company’s owners. Transactional advice was rendered by: Artur Marszałkiewicz, managing partner at CRIDO leading the Corporate Finance team, Aleksandra Małolepsza, senior associate, and Monika Olak, senior financial analyst.

Artur Marszałkiewicz and his CRIDO team supported us throughout the transaction. Thanks to the team’s professional handling of the process and their unwavering commitment we were able to negotiate very favourable terms – says Damian Biedulski, (former) President of the Board of Directors and Aura Medic shareholder.

We are pleased to have played our part in PZU Zdrowie’s dynamic growth in the medical services sector while securing very favourable commercial terms for our client – adds Artur Marszałkiewicz, managing partner heading CRIDO’s Corporate Finance team.

CRIDO supports entrepreneurs, corporations and PE/VC funds in domestic and cross-border M&A transactions at every stage in the process. CRIDO’s package of advisory services includes due diligence, tax, financial, corporate finance and comprehensive legal support, including legal due diligence.

CRIDO’s Corporate Finance team provides comprehensive transaction advice in M&A processes. We also support clients in seeking financing for acquisitions, development, investment projects and project finance deals. This is made possible by our close cooperation with banks, PE funds and specialist funds.

 

CRIDO advised PortfoLion fund on investment in Mindgram

CRIDO’s support involved comprehensive legal advice in negotiating and signing transaction documents at PortfoLion level – one of the investors in the seed round. CRIDO was represented by Przemysław Furmaga, partner heading the CRIDO Legal M&A and PE/VC team, Andrzej Dunikowski, senior associate, Filip Sobociński, junior associate.

Through the Mindgram platform, company employees and their families can access psychological counseling and consult preventative medicine specialists and personal development coaches. The start-up was launched in 2021. The financing which we have helped to arrange is intended to spur growth and international expansion.

Alongside Credo Ventures (lead investor), Nuntak Capital, Market One Capital and Pamoja Capital, PortfoLion was one of the Midgram investors in the seed round. The seed round was for EUR 7 million and was one of the biggest seed rounds in Poland to date.

The Mindgram transaction is another VC type of project we have been involved in in the last few months, this time acting for the investor. Mindgram is an excellent example of a company which provides services in what is a growing well-being and mental health sector. Limited access to psychological counselling, pandemic-induced anxiety, and the current volatile political situation make for ideal growth opportunities for companies such as Mindgram. Mindgram’s impressive start and promising international expansion have drawn the attention of VC investors, which is attested to by the successful seed round where we had the opportunity to support PortfoLion – says Przemysław Furmaga, partner leading CRIDO Legal’s M&A PE/VC team.

CRIDO supports companies, company founders and investors in Private Equity and Venture Capital type of transactions. We provide a full range of services including transaction structuring, due diligence studies (for legal, tax and financial purposes) and preparing and negotiating transaction documentation.