Polon-Alfa Secures New Financing with Baker McKenzie's Guidance
Deal News | Apr 15, 2025 | CEE Legal Matters
Baker McKenzie has provided legal counsel to Argan Capital and Polon-Alfa in securing financing for a new continuation fund. The firm also supported Polon-Alfa with a comprehensive refinancing of existing debt originally secured through P Capital Partners. The strategic financing initiative aims to enhance Polon-Alfa's development and operational efficiency. As a CEE-focused private equity firm, Argan Capital is leveraging this financing to support its portfolio company, Polon-Alfa, a fire detection product manufacturer with operations across Poland, Romania, and Hungary, among others. The legal team from Baker McKenzie involved members from both Warsaw and London offices to facilitate the complex transactions, with support from Clifford Chance's advisory.
Sectors
- Private Equity
- Manufacturing
- Legal Services
Geography
- Poland – Polon-Alfa is based in Poland and involved in the financing and refinancing transaction.
- Romania – Polon-Alfa operates in Romania, contributing to the geographical scope of its business.
- Hungary – Polon-Alfa operates in Hungary, reflecting its regional operations in Central and Eastern Europe.
- United Kingdom – Baker McKenzie’s London office was involved in the advisory process.
Industry
- Private Equity – Argan Capital is a private equity firm involved in the financing transaction for Polon-Alfa.
- Manufacturing – Polon-Alfa is a manufacturer of fire detection products and systems.
- Legal Services – Baker McKenzie and Clifford Chance provided legal advisory services for the transaction.
Financials
- Not Specified – Financing for the continuation fund and debt refinancing, but specific financial figures are not disclosed.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Polon-Alfa | Target Company | Company | A producer of fire detection products and systems. |
| Argan Capital | Bidding Company | Company | A CEE-focused mid-market private equity firm managing the continuation fund. |
| Baker McKenzie | Legal Advisor | Company | Law firm advising on the financing and refinancing. |
| Clifford Chance | Legal Advisor | Company | Reportedly advised on the matter alongside Baker McKenzie. |
| P Capital Partners | Debt Holder | Company | Originally secured the existing debt for Polon-Alfa. |