DLA Piper has advised Mid Europa Partners, a leading private equity investor in Central and Eastern Europe, in connection with a loan facility agreement with Bank Pekao to finance the acquisition of a majority stake in GWD Concept (“Displate”) from its founders, Credo Ventures and Miton Capital.
Headquartered in Warsaw, Poland, Displate is the leading online marketplace for high quality metal posters and created its own mass market by connecting more than 40,000 visual creators and over 30 licensed brands with a global customer base of enthusiasts in more than 50 countries.
The DLA Piper team in Warsaw was led by senior associate Jakub Zienkiewicz and associate Marta Piotrkowicz, under the supervision of partner Mariusz Hyla, head of the finance, projects and restructuring team. DLA Piper’s offices in Luxembourg and Leeds (UK) also advised on the transaction.
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