SSW acted as a legal advisor in the WDB S.A. sale transaction
The team of SSW Pragmatic Solutions lawyers advised on the sale of 100% of WDB S.A. (the leading insurance broker on the Polish market) shares to the British industry investor PIB Group.
WDB S.A. is one of the leaders on the Polish insurance market. It offers a wide range of life and non-life insurances, focusing on clients from the real estate and transport sectors. The company has offices in Wrocław and Warsaw.
PIB Group is a rapidly growing group of insurance brokers, controlled by Carlyle, one of the largest global private equity funds. This is the third foreign transaction of PIB Group. WDB joins Marx (Germany) and Optis Insurance (Ireland). WDB is to be the vehicle for further acquisitions in Poland.
We congratulate our clients and thank them for their trust (in particular Mariusz Muszyński, Mateusz Holly and Piotr Kumięga).
We congratulate the SSW team of lawyers who advised on this transaction: Szymon Okoń, Tomasz Kwaśniewski, Damian Staszewski and Witold Oszczanowski.
Additionally, we would like to thank Piotr Sokołowski and Michał Kowalczyk from Haitong Bank, as well as Michal Bigoszewski.
We would like to also congratulate the buyer PIB Group (especially Brendan McManus & Ryan Brown) and express our thanks for cooperation to CMS law firm, especially Błażej Zagorski and Marta Osowska-Buba.