Nethone x Mangopay
The law firm represented Nethone sp. z o.o. in the transaction for the acquisition of 100% of its shares by a Luxembourg company AI Stargate (Luxembourg) Sarl – the SPV of the private equity fund Advent International for the Mangopay project.
The inclusion of Nethone in the Mangopay Group is part of Advent International’s investment strategy to create a global technological leader in payment and authentication infrastructure for marketplaces. The Mangopay Group has capital for development amounting to 75 million EUR (over 350 million PLN), with a portion of the funds allocated to the development of Nethone and the creation of a technological hub in Poland.
The transaction, led by the London branch of Weil, Gotshal & Manges, and supported by CMS Poland, was advised by attorney-at-law Jakub Zawadzki on behalf of the law firm, with DLA Piper Poland acting as the lead counsel for the company’s shareholders.