Clifford Chance has advised private equity firm Cinven on its acquisition of a minority stake in RTB House, a Warsaw-based global provider of innovative retargeting technology. Total consideration and financial terms of the deal were not disclosed.
According to Clifford Chance, the strong structural growth trends in the global digital advertising software market and RTB's innovative application of AI are two key attributes that attract Cinven's investment to build and grow the multi-award winning company's business."
The Clifford Chance team was led by London-based Partner Jonny Myers and Warsaw-based Partner Wojciech Polz, with support from Senior Associates Jarosław Gajda and Karol Kulhawik and Associate Konrad Rominkiewicz from Warsaw and Associate Mark Inkester in London.
The Weil transaction team was led by Warsaw Co-Managing Partner Pawel Zdort and included Associates Aleksandra Kabac, Kamil Adamski, Michal Szczepanski, and Monika Michalowska.
