AKD advises Bridgepoint on the sale of its stake in SMYK Group

May 14, 2024

AKD has provided Luxembourg law advice to Bridgepoint, one of the world's leading private asset growth investors, in connection with the sale of its stake in SMYK Group to a consortium of investors including Mr. Michal Grom, CEO of SMYK Group, Mr. Maciej Zużałek and the Accession Capital Partners fund.

SMYK Group is a leading retailer of children's apparel, toys, and accessories in Poland. The transaction was challenging due to the complex negotiations with multiple stakeholders and the requirement for a multi-jurisdictional effort to affect the management buyout.

The AKD team acted as Luxembourg co-counsel to A&O Shearman and consisted of Cédric Bless, Imède El Moudden and Iordanis Arvanitidis.

For more information, please see the press release here.