2023 was another good year for SSK&W law firm based on the number of tech deals we advised on.
Altogether we advised on 25 deals (comparing to 41 in 2022)!
See below our short summary:
– 19/25 deals included advisory for the investors (investment funds, private investors), so once again we mostly advise investors on tech deals, including:
6 deals for bValue VC (including transborder deal in Germany); 3 deals for Atmos Ventures; 3 deals for Tangent Line Ventures and 3 deals for Aper Ventures (including deals in Ireland and Germany);
– 14/25 deals are still confidential, because investors and the companies decided not to disclose the market (and competitors) about the raised rounds/transaction (also because the most transactions were closed in November/December 2023);
– 3 /25 deals included M&A deals – they included sale of 100% or majority stake in the company to strategic or financial investors;
– 5 /25 deals were of transborder dimension and included other than Poland jurisdictions such as: Ireland, Germany, Romania and USA;
– 13 / 25 deals included tech companies that have already raised financing before;
– 5 /25 deals included convertible debt alike financing;
– 16/25 deals included coinvestments (more than 1 investor was involved);
– 10 M EUR – is the highest amount of financing that was made to the tech company involving a deal where we advised on;
– 7 deals we advised on only in December 2023;
– 2 weeks – the fastest deal we closed in one week from being instructed to closing the deal;
– 3 legal opinions we wrote for the Clients involving the transactions;
– 5 deals– we were not able to close due different reasons – 1 is still pending or we believe will be closed.
How are we going to perform in 2024?
We currently advise on 10 tech deals which shall be closed in 2024!
