Mergers & Acquisitions

We have extensive experience in advising on mergers and acquisitions.

DMS provides legal advice on complex, sophisticated business issues and non-standard projects where exceptional knowledge and experience is needed. Our clients include domestic and international insurance companies, hedge and venture capital funds, companies from the telecommunications, IT, electronic, renewable energy, FMCG, real estate, construction, tourist and medical sectors. We have extensive experience in M&A transactions of companies listed on the Warsaw Stock Exchange.

We help companies achieve their business objectives, supporting them at every stage of the merger and acquisition process: starting with negotiating all the pertinent agreements, through preparing legal due diligence reports, defining the legal risk associated with the transactions being contemplated and finalizing deals. We assist our clients also when they need to pursue their rights in unsuccessful transactions.

We represent clients not only before regulatory authorities and at shareholders’ meetings, but we also support them in negotiations to sell equities, organized parts of businesses, acquisitions and capital investments. We regularly work hand in hand with our clients’ transaction teams and financial and tax advisors to devise merger and acquisition strategies and coordinate the work done by these teams.

  • We advise Polish and international clients on transactions of mergers & acquisitions (also of majority stakes of shares) of companies and leading Polish and foreign insurance companies;
  • We advise clients on restructuring projects;
  • We represent clients in front of the supervision authorities, at shareholders’ meetings, in negotiations for the sale of shares and in connection with the sale of an organized part of an enterprise, as well as in the process of obtaining financing from external investors;
  • We represent consortia of venture capital funds in negotiations for the sale of shares, as well as domestic investment and pension funds.

Recommendations and awards

In the years 2019-2021 DMS was also recommended by IFLR 1000.

In 2022 and 2023, thanks to a ranking of recommendations, DMS was classified as one of 100 best law firms in Poland according to Forbes, very often recommended in the area of mergers & acquisitions.

  • advising the shareholders of Kiwi Jobs in acquiring a new strategic investor: the OLX Group, from the Naspers group.
  • advising the Austrian-based Vienna Insurance Group on its acquisition of Towarzystwo Ubezpieczeń Gothaer in Poland, from the German insurance company Gothaer (2019)
  • advising InterRisk in a transaction to purchase shares in the Polish mutual insurer Towarzystwo Ubezpieczeń Wzajemnych “TUW” from the French mutual insurance group Macif (2019).
  • advising BCD Travel – global leader in the travel industry – on its acquisition of AirClub, one of the longest operating private travel agencies in Poland.
  • advising on the mergers of the following insurance companies in the VIG Group in Poland: InterRisk TU S.A. VIG with PZM TU S.A. VIG (2012), Compensa TUnŻ S.A. VIG with Benefia TUnŻ S.A. VIG (2014), Compensa TU S.A. VIG with Benefia TU S.A. VIG (2015) and Compensa TUnŻ S.A. VIG with Polisa Życie S.A. VIG (2018), among others.
  • advising Igloo sp. z o.o. and Miloo sp. z o.o. on the execution of an investment agreement, increasing the share capital and the entry of a new investor (November 2022).
  • representing an SPV (a member of FIDERA Group) in a transaction to acquire an enterprise in bankruptcy. The advisory services included drafting all documents to join the sale procedure, acquiring an SPV to buy the enterprise, drafting the sale documents, financing documents and an investment agreement (2022).
  • advising Heiztechnik Sp. z o.o. on increasing its share capital to accept a new investor and then assisting with the execution of an investment agreement, SPA and SHA (February 2023).


Wojciech Barański


Legal Advisor, Partner

Magdalena Małocha


Legal Advisor, Counsel