Sale of FPA – a company from the HR, payroll and accounting outsourcing services sectors Piotr Łagowski

The project concerned a relatively small company (revenue below 10 million zloty) but demonstrates well that professional transaction advice services can be useful even in the sale of entities of that size.

FPA Group (a Warsaw company from the HR, payroll and accounting outsourcing service sectors) was owned by an investment fund, Nitecki Acquisition. The fund decided to exit the investment and hired PLCF Piotr Łagowski to handle the transaction.

Within the project, we carried out preliminary analysis, prepared a full offer documentation, identified the potential investors and gathered their initial offers. Since we received several offers, with some meeting the expectations of the Seller, the project entered phase two. During that phase, we negotiated with selected investors and allowed them to carry out due diligence. Ultimately, the best final offer came from Grant Thorton, who became the new owner of FPA Group, giving the company a chance at further development within a larger organisation.