MFW Fialek has advised Tutore International Luxembourg on its acquisition of exclusive control over Tutore Poland and advised the Luxembourg shareholders on financing for the transaction.
According to the firm, Tutore International Luxembourg owns Tutore Poland, a "modern online educational platform that brings together hundreds of teachers and thousands of students."
Tutore Poland, formerly Music & More commenced its educational activities in 2017. It initially conducted in-person classes in over 1,000 locations throughout Poland. Following the outbreak of the pandemic in 2020, the company introduced a new business model focusing on online education for children and adults. Today, it delivers classes on its proprietary platform.
Last year, MFW Fialek advised on three related transactions: the initial sale of a minority stake in Music & More (as reported by CEE Legal Matters on January 21, 2022), Tutore Poland's merger with ProfiLingua (as reported on September 14, 2022), and Tutore Poland's acquisition of a 51% stake in LangMedia (as reported on September 20, 2022).
The MFW Fialek team was led by Partner Miroslaw Fialek and included Senior Associate Pawel Siwiec, Associates Michal Kret and Wojciech Lichterowicz, and Junior Associates Natalia Grzegorzewska and Adrianna Kloda-Szczesna.
