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Gessel and White & Case Advise on Sale of 3S to P4

Gessel and White & Case Advise on Sale of 3S to P4

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Gessel has advised a private equity fund managed by Enterprise Investors and the three founders of 3S on the sale of 100% shares in 3S to Play Communications subsidiary P4. The transaction value of 3S and its subsidiaries was set at EUR 96 million while the value of their equity was set at EUR 78 million. White & Case advised P4 on the matter.

Enterprise Investors, active since 1990, is a private equity company in Central and Eastern Europe, managing nine funds with aggregate capital in excess of EUR 2.5 billion. 

3S S.A. is a telecommunications company operating in southern Poland that provides telecommunications, colocation, and cloud services for business clients.

The Gessel team was led by Partner Maciej Kozuchowski and included Senior Associate Bartlomiej Wozniak and Associate Katarzyna Olszak.

The White & Case team included Partners Aneta Hajska and Rafal Kaminski, Counsel Jakub Gubanski, and Associates Monika Duzynska, Malgorzata Pasnik, Klaudia Malczewska, and Iwo Malobecki.