Rymarz Zdort advises Blue Media in the acquisition of a minority stake in Blue Media Group by Pollen Street Capital

Rymarz Zdort advised Blue Media in connection with the execution of an investment agreement concerning the acquisition of a minority stake in Blue Media Group by Pollen Street Capital.

Upon the completion of the transaction, Pollen Street Capital will make a strategic growth investment in Blue Media to help accelerate its expansion plans in the payment service sector in Europe. The transaction is expected to close in H1 2022, as it is subject to receiving regulatory approval.

Blue Media is a pioneer in the payment service sector in Poland, offering a range of payment options and payment-related services to businesses and consumers via the Blue Media and Autopay brands. This year, the business expects to process over EUR 6 billion in payments, with over 33,000 active eCommerce merchants, and is approaching 1 million users of its Autopay app.

Pollen Street Capital is a leading independent, alternative investment management company focused on the financial and business services sectors.

The transaction was handled by managing partner Paweł Zdort and partner Dr hab. Łukasz Gasiński. The team included senior associate Magdalena Medyńska, and associate Marzena Iskierka. The Rymarz Zdort core transaction team was also supported by partners Iwona Her and Marcin Chyliński and counsels Irmina Wątły and Filip Leśniak.