DZP advises Kulczyk Investments on an investment in a key provider of low-code technology for the financial sector

DZP experts have advised a Kulczyk Investments group company as the acquirer of a majority stake in DomData, one of Poland’s leading providers of technologies supporting business process automation and the digital transformation of financial institutions.

DomData is a specialised provider of technological solutions for the digitalisation of business processes based on its proprietary “Ferryt” low-code platform. The company has for years been one of the leaders in banking technology in Poland and is an essential partner for financial institutions implementing transformation projects.

The transaction will enable Kulczyk Investments Group to support DomData's further development, scaling of operations and product expansion.

DZP’s advice included comprehensive support in the M&A process, from a due diligence, through the preparation of transaction documentation, negotiations, obtaining clearance from the President of the Competition and Consumer Protection Office, to transaction closing.

The work was carried out by lawyers from the Corporate and M&A Practice, Paweł Pioruński, Joanna Fasula, Bartosz Saładyk and Łucja Bałkowiec-Iskra, with the support of Piotr Gogol, Jerzy Kapitańczuk and Aleksandra Ziemnicka-Ratajczak in competition law matters, Karolina Kulikowska-Gruszecka in the field of intellectual property, Katarzyna Zwierz-Wilkocka and Wiktoria Kokoszka in the field of labour law, and Joanna Wierzejska and Tomasz Leszczewski in tax matters.

The investment strengthens Kulczyk Investments' engagement in the sector of technologies supporting key business processes and affirms its long-term strategy of investing in scalable solutions for the financial sector.