Gide has advised the Enterprise Investors Fund IX on its minority investment in Polish precision radar and anti-drone systems company Advanced Protection Systems Inc. Baker McKenzie advised APS and its shareholders.
According to Gide, APS is a "market pioneer operating in the field of high technology. The company was founded by Maciej Klemm, acting CEO, and Radoslaw Piesiewicz, COO, as a natural continuation of their academic careers. Starting the project in 2015, the founders focused on the development and production of radar technology and dedicated software." The proprietary radar technology developed by the company has a unique market advantage – it enables faster and more precise detection and classification of many LSS (low-slow-small) objects, the firm reported.
Enterprise Investors is a private equity firm in Central and Eastern Europe. It has been active since 1990 and has established ten funds, having invested EUR 2.2 billion in 155 companies.
The Gide team included Partner Pawel Grzeskowiak, Senior Associate Wojciech Czyzewski, and Associate Magdalena Zawislak.
The Baker McKenzie team was led by Counsel Magdalena Medynska and included Partner Tomasz Krzyzowski, Lawyer Natalia Jasek, and Associate Monika Michalowska.