Rymarz Zdort Maruta advises Arcus Infrastructure Partners on acquisition of FixMap

We are pleased to announce that we advised Arcus Infrastructure Partners (“Arcus”), an infrastructure fund, on the purchase of FixMap sp. z o.o. (“FixMap”), a Polish fibre-to-the-home business. As a result of the transaction, Arcus European Infrastructure Fund 3 SCSp acquired a majority shareholding in the Company, while its founder, Piotr Muszyński, retained a minority interest and the position of President of the Management Board.

Arcus Infrastructure Partners is an independent fund manager focused solely on long-term investments in European infrastructure. This is Arcus’ third direct FTTH investment, and its purpose is to increase the value of the Company through asset management, particularly in relation to the Company’s existing operations, and to support continued growth using a buy-and-build strategy.

FixMap is a company founded in 2018 by Piotr Muszyński, a manager with experience in boththe telecommunications industry and business consulting. The Company pursues a buy-and-build strategy through M&A activity, with the objective of consolidating the fragmented Polish FTTH market. FixMap’s networks are primarily located in semi-rural areas of Poland, where population and housing density is relatively low and there is limited access to high-speed broadband services. These areas have been the main beneficiaries of the Polish government’s subsidy programmes to support the funding of greenfield fibre deployment.

The transaction team was led by Dr Jakub Zagrajek (partner), who was supported by Patrycja Gliwka (associate). The antitrust aspects of the transaction were supervised by Iwona Her (partner), supported by Irmina Wątły (counsel), Karolina Chudy (associate) and Justyna Niezgoda (associate). Marek Kanczew (partner) provided labour law assistance, and Karolina Bąkowska (counsel) co-ordinated the advice on real estate law aspects.