Clifford Chance advised Bank Pekao on the financing of the acquisition of Displate
14 December 2020
Clifford Chance advised Bank Pekao on the financing of the acquisition of Displate
Clifford Chance advised Bank Pekao on a bilateral facility with the purpose of financing the acquisition of a majority stake in GWD Concept Sp. z o.o., operating under the Displate brand, by Mid Europa Partners.
Displate is a user generated content driven marketplace. It connects a global community of c.40k artists and brands with clients seeking unique designs printed on metal plates. A noteworthy aspect of Displate's activity is their engagement in limiting the negative impact of humans on the environment – for every poster sold, the company plants a tree in Tanzania as part of the Forest Garden project – so far, over 13 million trees have been planted under the project.
The Clifford Chance team working on the transaction included: Andrzej Stosio (Partner), Irena Floras-Goode (Counsel), Jared Grubb (Partner), Aleksandra Rudzińska (Senior Associate), Natalia Karasiewicz (Associate), Mateusz Ciechomski (Associate), and Piotr Węcławowicz (Associate).