Havel & Partners has advised PortfoLion Capital Partners on its EUR 30 million investment in GymBeam in a round carried out together with the EBRD. CMS advised the EBRD. Allen Overy Shearman Sterling advised Crowdberry as the existing investor. AKF Legal, and reportedly Dentons, advised GymBeam.
According to Havel & Partners, PortfoLion, a major Hungarian VC and private equity investor focused on high-growth technology companies across CEE, acted as lead investor.
GymBeam is a fitness and sports nutrition business, operating across several European markets. The new capital will be used to accelerate GymBeam’s expansion in Western Europe and further develop its product and operational capabilities. GymBeam’s founder and CEO, Dalibor Cicman, will continue leading the company following the investment.
The Havel & Partners team included Partner Jaroslav Baier, Managing Associate Dusan Valent, Senior Associate Peter Kosecky, and Associates Petra Kovacechova and Martina Rievajova.
The CMS team included Partner Helen Rodwell, Senior Associates Yavor Danailov and Lucia Luptakova, Associate Oliver Gondor, and Trainee Solicitor Saphia Kumar.
The A&O Shearman team included Partner Tomas Bury and Associate Darius Balasko.
The AKF Legal team included Partner Artur Fried, Senior Associate Andrej Batora, and Associate Lucia Hurtova.
Editor's Note: After this article was published, Sayenko Kharenko announced that it advised PortfoLion Capital Partners. The firm's team included Partner Oleksandr Nikolaichyk, Associate Dmytro Zaiachkivskyi, and Trainee Denys Ratynskyi.
Additionally, Dentons confirmed its involvement to CEE Legal Matters. The firm's team included Prague-based Partner David Simek and Associate Katerina Kucerova and Bratislava-based Partner Juraj Gyarfas, Senior Associates Michal Zathurecky, Sona Beno, and Natalia Hangacova, Associate Alen Gondek, and Junior Associate Michal Distler.
