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BUSINESS PRODUCTS & SERVICES | Office furniture & equipment
profirm.pl

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Stage

Acq - Fin | Alive

About Profirm

Profirm is a designer and manufacturer of office seating.

Profirm Headquarter Location

ul. Gornicza 8

Turek, 62-700,

Poland

+48 63 278 51 81

Latest Profirm News

Innova Capital acquires Polish office seats maker Profirm

Jul 12, 2017

Innova Capital acquires Polish office seats maker Profirm July 12, 2017 Innova Capital has acquired a majority stake in Profirm sp. z.o.o., a Polish maker of office seats. No financial terms were disclosed. Greenberg Traurig advised Innova on the deal. PRESS RELEASE WARSAW (PRWEB) JULY 12, 2017 Greenberg Traurig represented Innova Capital, a leading CEE private equity fund, in the acquisition of a majority stake in the Polish company Profim sp. z o.o., one of the leading office seating manufacturers in Europe. As a result of the transaction, a fund from the Innova Capital Group has indirectly become a majority shareholder of Profim sp. z o.o. (two of the four current shareholders retained the minority stake). Greenberg Traurig lawyers advised on all aspects of the transaction, in particular with respect to due diligence, negotiations of share purchase agreements, and the shareholders’ agreement, obtaining the clearance from the Office of Competition and Consumer Protection (UOKiK), as well as acquiring debt financing by Innova Capital for the payment of a part of the sale price. On behalf of the Greenberg Traurig Warsaw office, the transaction was supervised by Managing Partner Jarosław Grzesiak and led by Partner Paweł Piotrowski and Local Partner Aleksander Janiszewski. The Team also included Partner Andrzej Wysokiński, Head of the Banking and Finance Practice. They were supported by Associate Agata Wiśniewska, Senior Associates Mateusz Koronkiewicz, Anna Cienkus, and Piotr Smolarczyk, and Associate Iga Czerniak. Innova Capital is a leading mid-market private equity firm in Central Europe. Founded in 1994, Innova raised the first major CEE fund comprising entirely of private capital. Since then Innova has invested almost EUR 700 million, in almost 50 companies, across 10 countries in the region. Profim is one of the leading manufacturers of office seating in Europe. Profim designs and manufactures products that meet the strictest standards in ergonomics, quality and design, setting the standards for healthy and effective office space. Greenberg Traurig LLP Greenberg Traurig, LLP is an international, multi-practice law firm with approximately 2000 attorneys serving clients from 38 offices in the United States, Latin America, Europe, Asia, and the Middle East. Greenberg Traurig Grzesiak sp.k. was named the 2017 Law Firm of the Year in Poland and the 2016 Law Firm of the Year in Poland – Client Service Award by Chambers and Partners. The Warsaw office of Greenberg Traurig, LLP provides legal services to clients in Central Europe and beyond and consists of 90 lawyers. Team members are regularly recognized as leaders in numerous practice areas. Chambers Global, Chambers Europe, IFLR1000 and EMEA Legal 500 consistently rank them among the top tiers the areas of Corporate/M&A, Capital Markets, Real Estate, Private Equity, Tax, Banking and Finance, Project Finance, Energy, Dispute Resolution and TMT. For additional information, please visit http://www.gtlaw.com Do you want exclusive news and analysis about private equity deals, fundraising, top-quartile managers and more? Get your FREE trial to Buyouts ! Or subscribe now ! Sign up to our Newsletter Receive updates from our PE HUB Wire and Top Stories of the Week newsletters: First Name:

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