MCI.PrivateVentures and AMC Capital IV Albatros sell ATM

Rymarz Zdort advised the selling shareholders of ATM S.A., MCI.PrivateVentures (a subfund of MCI.EuroVentures 1.0) and AMC Capital IV Albatros S.à r.l. (a company advised by Mezzanine Management) on a transaction comprising the sale of 100% of the shares in ATM S.A. to Global Compute Infrastructure LP, a platform supported by Goldman Sachs Merchant Banking Division.

ATM is an IT company providing data transmission, collocation and internet access services to Polish and other telecommunications providers/operators, financial institutions and the media. It is the owner of the Atman network and three data centres. Its main shareholder, holding 98.33% of the shares, is AAW III sp. z o.o., a portfolio company of MCI.EuroVentures and AMC.

A conditional agreement was entered into on 17 October 2020, and the finalisation of the transaction will be subject to, among other things, antimonopoly clearances. On the basis of the concluded agreement, 796,099 shares in AAW III and 606,438 shares in ATM will be sold. The closing of the transaction is planned for the end of 2020.

“It was our first transaction with MCI and Mezzanine Management. We are proud to be involved in the largest exit, in terms of value, in MCI’s history. We would like to thank MCI and Mezzanine Management for their trust and great cooperation in the transaction process”, said Pawel Zdort, the managing partner of Rymarz Zdort.

The transaction team was supervised by Pawel Zdort. The team consisted of the following lawyers from the corporate department: Aleksandra Kabac, senior associate, and Aleksander Jakubisiak, associate, as well as Irmina Watly, counsel from the competition/antitrust practice, and Jerzy Rostworowski, a senior associate from the banking & finance practice, whereas Ewa Bober, a partner from the corporate department, advised on the structuring of the transaction.