AVIA CAPITAL

Growth fund, supporting Polish entrepreneurs’ international expansion

Investment in Pro-Project, provider of solutions for quality control of medical imaging

Commercial advisor to AVIA Capital

Warsaw, December 2021

PAGED MORĄG S.A.

Leading European producer of plywood

Sale of a production plant

Transaction Advisor to Paged Morąg and financing banks

Olsztyn, December 2021

SPEARHEAD INTERNATIONAL

Pan-European farming group operating 80k hectares of land in the EU and the UK

Sale of 100% shares to Accession Capital Partners

Transaction advisor to Spearhead International

Warsaw, Cambridge, New York, November 2021

LSA SP. Z O.O.

Producer of innovative lightweight aggregate

Capital increase and sale of controlling stake to thomas beteiligungen GmbH

Exclusive transaction advisor to LSA

Warsaw, November 2021

X-PRESS COURIERS SP. Z O.O.

Express delivery company

Sale of 100% shares to Allegro Group, one of the largest e-commerce marketplaces in Europe

Transaction advisor to X-press Couriers and its shareholders

Warsaw, October 2021

SKYNET CUSTOMS BROKERS SP. Z O.O.

Express delivery company

Sale of 100% shares to Allegro Group,one of the largest e-commerce websites in Europe

Transaction advisor to X-press Couriers and its shareholders

October 2021

MTZ CLINICAL RESEARCH SP. Z O.O.

Polish clinical research company

Sale of 100% shares to NEUCA Group, the biggest wholesaler of pharmaceuticals in Poland

Advisor to MTZ Clinical Research

Warsaw, January 2021

UNITOP SP. Z O.O.

Polish producer of sesame snaps and halva

Disposal of 100% shares

Transaction advisor to Bounty Brands, Unitop owner

Warsaw, March 2020

POLSKIE PORTY LOTNICZE (PPL)

Owner of the Polish airport infrastructure

Aquisition of Baltona S.A.

Transaction advisor to PPL

Warsaw, March 2020

COPERNICUS SP. Z O.O

Company specializing in the development and manufacture of drug delivery systems

Sale of the controlling stake to Nemera

Transaction Advisor to the senior debt provider

Szczecin, October 2020

OKNOPLAST SP. Z O.O.

Leading Polish window producer

Acquisition of Ampuero Industrial, window producer in Cantabria, Spain

Transaction advisor to Oknoplast sp. z o.o.

Bilbao, November 2020

SMART FACTOR SP. Z O.O.

Smart City technology developer

Sale of 85% shares to a private investor

Exclusive transaction advisor to the Seller

Warsaw, June 2019

EXPOFACTOR SP. Z O.O.

Exposition, audio-visual and multimedia technology developer

Sale of 100% shares to Erekta Budownictwo Sp. z o.o.

Exclusive transaction advisor to the Seller

Warsaw, July 2019

MAAT4 SP. Z O.O.

Technology company operating in the area of data center, power engineering, security systems and ICT

Sale of 70% shares to White Stone Development Sp. z o.o.

Exclusive transaction advisor to the Seller

Warsaw, August 2019

PROFI SP. Z O.O.

Polish producer of pate and ready-to-eat meals

Sale of 100% shares to Mezzanine Management and a group of private investors

Exclusive transaction advisor to Bounty Brands

Warsaw, December 2019

LSA SP. Z O.O.

Lightweight sintered aggregate manufacturer

Sale of technology and US market rights to Boral Ltd

Exclusive transaction advisor to LSA Sp. z o.o.

Warsaw, April 2019

BIOTREM SP. Z O.O.

Producer of biodegradable tablaware and packaging

Second round of financing

Exclusive transaction advisory to Biotrem sp. z o.o.

Warsaw, August 2018

NOWY ADRES S.A.

Leading real estate trade fair organizer in Poland

Sale of a controlling stake in Nowy Adres to Międzynarodowe Targi Poznańskie Sp. z o.o. (MTP). Transaction value undisclosed

Exclusive financial advisor to Nowy Adres S.A.

Warsaw/Poznan, January 2018

WORK SERVICE S.A.

The largest provider of HR solutions in CEE (WSE listed company)

Sale of 95% shares in IT Kontrakt Sp. z o.o. to Oaktree Capital Management/Cornerstone Partners. Transaction value: PLN 148m

Exclusive transaction advisor to Work Service S.A.

Warsaw, announced in April 2017

KEWPIE CORPORATION

Japanese producer of condiments, listed on Tokyo Stock Exchange

Purchase of an enterprise of Mosso Kwasniewscy sp. j.

Exclusive transaction advisor to Kewpie Corporation

Warsaw / Tokyo, January 2017

PIAST PASZE CAPITAL GROUP

Major Polish animal feed producer

Obtaining a 5-year syndicated loan. Value: PLN 130 212 000

Sole financial advisor to the Management Board of Piast Pasze.

Warsaw / Lewkowiec, December 2016

SEQUENCE SP. Z O.O.

Leading Polish healthcare and pharma research and consulting company

Sale of 100% shares of Sequence sp. z o.o. to PharmaExpert Sp. z o.o.

Exclusive transaction advisor to the shareholders of Sequence

Warsaw, August 2016

Metrohouse S.A.

The largest chain of real estate brokerage agencies in Poland

Sale of 100% shares in Metrohouse Franchise S.A. to Duna House Holding Nyrt.

Exclusive financial advisor to the shareholders of Metrohouse

Warsaw, April 2016

OECD / KAZNEX INVEST

Organization for Economic Co-operation and Development

Attracting M&A FDI in Kazakhstan in agri production, processing and retailing

Azimutus advised OECD and Kaznex Invest

Paris / Astana, October 2014 – February 2016

COMPASS PARTNERS INVESTMENTS LTD.

International private equity fund

Commercial due diligence leading to the acquisition of CTL Logistics Group from Bridgepoint. Transaction value: undisclosed

Azimutus advised Compass Partners

Warsaw, February 2016

AMICA WRONKI S.A.

The largest MDA producer in Poland, (WSE listed company)

Purchase of 100% shares in CDA Group Ltd. Transaction value: GBP 24.3m

Transaction advisor to Amica Wronki S.A.

Warsaw, November 2015

POLSKIE INWESTYCJE ROZWOJOWE S.A.

Polish sovereign wealth fund

Commercial due diligence of an investment project in the transportation sector

Advisor to PIR

Warsaw, November 2014 - January 2015

CARGILL

Global leader in animal nutrition

Sale of 100% shares in Agro Provimi sp. z o.o. to PKM Duda S.A. for PLN 28.1 milion

Cargill Poland was advised by Azimutus

Warsaw, September 2015

DR GERARD SP. Z O.O.

Leading producer of cookies in Central Eastern Europe

Commercial due diligence and PMI plan of Artur, a Polish cookie producer

Advisor to Dr Gerard

Warsaw, July 2015

TVN MEDIA SP. Z O.O.

Poland's premier TV and multi-platform media company

Acquisition of 40% shares in Everytap

Advisor to TVN Ventures in selected stages of the transaction process

Warsaw, September 2015

CZERWONA TOREBKA S.A.

Retail trade (WSE listed company)

Fairness opinion related to a divestment of Małpka Express convenience stores

Transaction value: PLN 362m. Project sponsored by the CFO

Warsaw, February 2015

APATOR POWOGAZ S.A.

Producer of water- and heat meters, part of Apator Group, WSE listed company

Purchase of 100% shares in the Danish company Miitors ApS

Transaction value: EUR 7m Exclusive transaction advisor to Apator Powogaz S.A.

Aarhus, April 2015

MERCEDES-BENZ POLSKA

Automotive producer

Implementation of a new sales management methodology for trucks in the Polish sales network

Project sponsored by Truck Sales Director

Poland, March 2013 – January 2014

AMICA WRONKI S.A.

The largest MDA producer in Poland, (WSE listed company)

Annual Group strategy review across European markets

Project sponsored by the CEO

Hamburg, May 2014. Petersburg, May 2013. Baveno, May 2012

LOTTE WEDEL S.A.

Leading Polish confectionery producer

Fairness opinion

Warsaw, March 2014

TOWAROWA GIEŁDA ENERGII S.A.

The only commodity exchange in Poland (Warsaw Stock Exchange S.A. Group)

Evaluation of additional business growth opportunities

Project sponsored by the Management Board

Warsaw, 2014

TOWAROWA GIEŁDA ENERGII S.A.

The only commodity exchange in Poland (Warsaw Stock Exchange S.A. Group)

Evaluation of recycling certificates market

Project sponsored by the Management Board

Warsaw, October – November 2013

GRA GROUP (SUBSIDIARIES OF MEDIA REGIONALNE SP. Z O.O.)

Group running leading regional radio stations in Kuyavian-Pomeranian Voivodeship

Sale of 100% shares in 5 companies comprising Gra Group to Multimedia sp. z o.o. (RMF Group) Enterprise value: PLN 9 million

Exclusive financial advisor to Mecom Group plc, owner of Media Regionalne sp. z o.o.

Warsaw, March 2013

MEDIA REGIONALNE SP. Z O.O.

Second largest regional dailies publisher in Poland

Sale of 100% shares in Media Regionalne sp. z o.o. to Polskapresse sp. z o.o. Expected equity value: PLN 88 million

Financial advisor to Mecom Group plc, owner of Media Regionalne sp. z o.o.

Warsaw, October 2013

WORK SERVICE S.A.

The leading provider of HR solutions in Poland (WSE listed company)

Expansion capital of PLN 105 million by PineBridge Investments for 20% shares

Exclusive financial advisor to Work Service S.A.

Warsaw, March 2013

OKNOPLAST SP. Z O.O.

Leading Polish window producer

Purchase of the production plant from Okna Rąbień

Exclusive financial advisor to Oknoplast sp. z o.o.

Rąbień, Maj 2013

POLIMEX – MOSTOSTAL S.A.

Leading infrustructure and construction company (WSE listed company)

Valuation of five subsidiares

Project sponsored by the Head of M&A Department

Warsaw, August – October 2012

CTL LOGISTICS SP. Z O.O.

The largest Polish private railway carrier and logistics operator

Analysis of the transport services market

Project sponsored by the CEO

Warsaw, September – October 2012

CTL LOGISTICS SP. Z O.O.

The largest Polish private railway carrier and logistics operator

Analysis of the energy sector in relation to the demand for railway transport services

Project sponsored by the CEO

Warsaw, July – August 2012

CARINT SCANMED SP. Z O.O.

Cardiology diagnosis and treatment

Sale of 50% + 1 share in Carint Scanmed sp. z o.o. by Scanmed S.A. to American Heart of Poland. Equity Value: PLN 32 mln

Exclusive financial advisor to Scanmed S.A.

Cracow, March 2012

AMICA WRONKI S.A.

The largest Polish household appliances manufacturer (WSE listed company)

Commercial due diligence of an Italian home appliance producer

Project sponsored by CEO

Wronki, September – October 2012

AMICA WRONKI S.A.

The largest Polish household appliances manufacturer (WSE listed company)

Commercial due diligence of an Ukrainian home appliance producer

Project sponsored by CEO

Ukraine, November 2011 – Jan 2012

ZAKŁADY TŁUSZCZOWE W BODACZOWIE SP. Z O.O.

Rapeseed oil producer with revenues of $114 million in 2010

Sale of 85% shares in Zakłady Tłuszczowe w Bodaczowie sp. z o.o. to Glencore Corporation

Project sponsored by KTS s.a.r.l. majority shareholder

Warsaw, December 2011

MOSTOSTAL BIAŁYSTOK SP. Z O.O.

Construction Company

Formulation of corporate strategyfor 2012 – 2016 Facilitation of debt financing

Project sponsored by the Management Board

Warsaw, December 2010 - February 2011

AMICA WRONKI S.A.

Washing machines and refrigerators production business units of Poland’s largest home appliances maker

USD 77.7 million Sale of Organized Part of the Enterprise

Exclusive financial advisor to Amica Wronki S.A.

Warsaw, March 2010

TABITA – LUXMED SP. Z O.O.

Leading nursing home

USD 3.6 million Sale of Organized Part of the Enterprise and 88% of shares to LUX MED Sp. z o.o.

Exclusive financial advisor to the owner, Trinity Parish in Warsaw

Warsaw, October 2009

MISTRAL SP. Z O.O.

Wind power plant operator and developer of wind projects

Value undisclosed Sale of 100% shares to Max-Energo Sp. z o. o.

Exclusive financial advisor to the sellers

Warsaw, June 2009

KROŚNIEŃSKIE PRZEDSIĘBIORSTWO BUDOWLANE W KROŚNIE S.A.

General contractor construction company

Value undisclosed Acquisition of 35.15% shares in privatization by KPB S.A. from State Treasury

Exclusive financial advisor to Krośnieńskie Przedsiębiorstwo Budowlane S.A.

Warsaw, July 2009

X-PRESS COURIERS SP. Z O.O.

The leading Polish local services courier company

USD 3.5 million Sale of 57% shares to TUP S.A.

Exclusive financial advisor of X-press Couriers

Warsaw, March 2008

Pronet, IT net

Leading local ISP operator

USD 7.7 million Merger

Exclusive financial advisor to both sides in merger process

Warsaw, June 2008

Metrohouse S.A.

The leading Polish real estate intermediary company

Expansion capital - 33% shares to BZ WBK Inwestycje sp. z o. o.

Exclusive financial advisor to Metrohouse S.A.

Warsaw, July 2008

Exlabesa

Largest Spanish and one of the largest aluminium extrusion companies in Europe

USD 17.2 million Brownfield market entry and asset acquisition from Ceramika Tułowice s.c.

Exclusive financial advisor to Exlabesa

Warsaw, May 2008

British Sugar Overseas Poland

Global sugar producer, part of Associated British Foods

Development of a regional strategy; analysis of expansion potential

Project sponsored by the country General Manager and global Board Member

Warsaw, January – August 2008