The transaction advisory team had the pleasure of supporting Panda Group in the sale of a 51% stake to Fabrity, part of the Fabrity Holding Group.
Poznan-based Panda Group, which specializes in designing and implementing e-commerce solutions, particularly on the Adobe Commerce (formerly Magento) platform, was founded in 2017 as a result of the Light4website rebranding. Since then, it has rapidly expanded its business in international markets, including Western Europe, North America, Asia and Australia. After merging with Fabrity, dhe existing shareholders of Panda Group have retained a 49% stake and are still actively involved in the company’s development.
For Fabrity, the investment aims to phe acceleration of the growth of business and technological competence in the e-commerce area, as well as to increase revenues in this segment. It also provides the opportunity to achieve synergies between companies, which translates into increased value for investors. Fabrity Holding, after three quarters of 2023, reported revenue growth, indicating stable positioning in the technology market.
The deal marks Fabrity Group’s first investment in the e-commerce segment, significantly expanding its portfolio of services. The purchase of shares in Panda Group was financed with Fabrity’s own funds, which did not affect the group’s other financial plans. This strategic move represents an important step in the further development of both companies, opening up new opportunities in global markets and strengthening their position as innovation leaders in the e-commerce industry.
In the process of selling Panda Group, our M&A team consisting of: Marcin Zdralewicz and Ewelina Świtalska. The project was coordinated by Kinga Nowak.
The DSK team provided a comprehensive handling of the transaction up to and including a full-day closing at Fabrity Group headquarters and subsequent post-trade activities. In particular, our work included advising on and negotiating the transaction documentation: the investment agreement (SHA) and the share purchase agreement (SPA), along with numerous related documents (collateral, corporate documentation, or post-trade agreements).
Przemysław Soroka of SH Advisory led the transaction from the business side. Przemyslaw specializes in M&A and business optimization consulting for technology companies.
