Noerr advises TEP Capital on the planned acquisition of Profit4You

Noerr has advised the private equity fund TEP Capital on its planned acquisition of Profit4You, a company providing process outsourcing services in Poland.

TEP Capital is a Warsaw-based corporate private equity fund. This is TEP Capital’s fourth investment in the country and the first outside the manufacturing sector.

Profit4You is a provider of process outsourcing services for clients in the logistics and manufacturing industries and trading companies. The company, founded by Jarosław Hałabiś and Ewa Felska-Hałabiś, has been operating since 2016 and is based in Gdańsk.

According to Tomasz Woźniak, TEP Capital’s managing partner, with a low unemployment rate and an aging population, it is becoming increasingly difficult to find employees and, therefore, sustain key process for production or logistics operators. He expects demand for Profit4You services to grow well beyond TEP’s investment horizon. 

Closing of the transaction is subject to regulatory approval.

Lead: Karol Kicun (Associated Partner, M&A/Warsaw)

M&A: Ada Zahorodna (Associate), Gustaw Steinke (Legal Advisor, both Warsaw)

Employment: Katarzyna Zwierz-Wilkocka (Senior Associate), Jarosław Karlikowski (Senior Associate, both Warsaw)

IT and Data Protection: Agnieszka Besiekierska (Senior Associate, Warsaw)

Banking & Finance: Paweł Hoc (Senior Associate, Warsaw)