CDZ has advised Equitin Partners Limited, a private equity fund investing in such sectors as financial services, FMCG and healthcare, on an acquisition of the 70% controlling stake from the founders of Time for Wax, a Polish beauty services chain.

Following the transaction Equitin Partners Limited intends to continue its market expansion and create new services and products for consumers. Equitin Partners set out rules for the company’s governance in cooperation with its founders in an investment agreement and related documentation.

CDZ drafted of the transaction documents, including the investment agreement, amendments to the articles of association incorporating the provisions of that agreement and related agreements. CDZ lawyers assisted Equitin Partners throughout the entire process of negotiating the transaction documentation and terms of the investor’s capital entry into the company.

CDZ’s team was headed by Maciej Kotlicki, Partner, assisted by Małgorzata Sas-Madej, Advocate, who specializes in M&A deals.