CMS successfully advises Value4Capital, a private equity fund, on the sale of Home.pl, the largest provider of Internet services to the SME sector in Central and Eastern Europe, to United Internet's subsidiary, 1&1 Internet SE.
Home.pl is the leading provider of cloud-based services to the SME sector in Poland and the rest of Central and Eastern Europe. The company’s services include: registration of Internet domains, web service hosting, email account hosting, offering business applications and cloud-based products. The company, 1&1, is a provider of Internet services with a presence in Poland, Germany, Austria, United Kingdom, Romania, France, Spain, Italy, USA, Canada and Mexico.
“Considering the scale of interest in the target company from both strategic and financial investors, the competition in the sale process, the return on investment to the PE fund and the price obtained, this could presumably be one of the most prominent and interesting deals in Poland this year” – stresses Marek Sawicki, partner at CMS.
In the sale process, Value4Capital is advised by CMS’s Polish team composed of: Marek Sawicki, Polish legal counsel and partner co-heading the Corporate Department, supported by Izabela Gębal, Associate.