MFW Fialek has advised Tutore International on Innova Capital’s investment in Tutore Poland. Deloitte Legal advised Innova Capital.
According to MFW Fialek, the transaction also included a buyout of minority shareholders in Langmedia sp. z o.o., the acquisition of a 70% stake in ESL Brains sp. z o.o., the acquisition of 100% of shares in International Language Institute sp. z o.o., and obtaining financing. Furthermore, according to the firm, as a result of the transaction, Innova Capital has become the majority shareholder in Tutore Poland, which owns an online education platform with hundreds of teachers and thousands of students. Tutore International, the existing owner of the company, will remain a minority shareholder following the transaction.
Recently, MFW Fialek advised Tutore Poland on its full acquisition of Langmedia from Ecapital and Pawel Kowalczyk (as reported by CEE Legal Matters on August 28, 2024). Earlier in 2024, MFW Fialek advised on Langmedia and Tutore Poland's PLN 61.2 million financing from mBank (as reported by CEE Legal Matters on July 15, 2024) as well as on additional financing in January 2024 (as reported by CEE Legal Matters on January 12, 2024). In 2023, MFW Fialek advised on Tutore International Luxembourg’s takeover of Tutore Poland (as reported by CEE Legal Matters on October 12, 2023). In 2022, the firm advised on 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), as well as Tutore Poland's acquisition of the initial 51% stake in LangMedia (as reported on September 20, 2022).
The MFW Fialek team included Partners Miroslaw Fialek and Rafal Siemieniec, Senior Associates Krzysztof Drzymala, Pawel Siwiec, Marcin Gutkowski, and Michal Kret, Associates Cezary Gizinski and Maksymilian Kulczycki, and Junior Associate Franciszek Furmaniak.
The Deloitte Legal team included Partners Tomasz Ciecwierz and Jakub Labuz, Managing Associates Krystian Kowalski and Mikolaj Chodkiewicz, and Senior Associate Blazej Badera.