Rymarz Zdort advises Play Group on acquisition of 92.5% of shares in Redge Technologies

We are pleased to announce that Rymarz Zdort has advised P4 Sp. z o.o. (“Play”) on its acquisition of 92.5% of the shares in Redge Technologies, a provider of linear and on-demand TV systems to media and telecommunications businesses.

The remaining 7.5% stake in the company stays with its founder and CEO Przemysław Frasunek. The sale of the company was carried out by Custodia Capital, a fund with a focus on private equity investments in the SME sector in Poland. Play’s experience in providing fiber-optic internet and 5G mobile services, combined with Redge Technologies’ video competencies, will allow the two companies to offer new digital video distribution solutions.

Redge Technologies is a leading provider of video content distribution solutions and the leader in OTT and edge computing technologies in Central Eastern Europe, present on the market since 2007.

Its flagship solution, Redge Media, is a native OTT technology platform. Additionally, Redge Technologies has developed an innovative carrier-class system that protects against cyberattacks on a European scale.

The transactional team was headed by corporate practice partner Dr Jakub Zagrajek.  The team also comprised senior associate Dr Paweł Mazur and associate Patrycja Gliwka.

The transactional team was assisted by the due diligence team headed by partner Monika Kierepa, and by the banking and finance team headed by partner Dr Jakub Rachwol, supported by associate Sebastian Stępiński.