Solvd Secures Acquisition of Tooploox with Legal Guidance from Wardynski & Partners
Deal News | Jun 19, 2025 | CEE Legal Matters
Wardynski & Partners, in collaboration with Morgan, Lewis & Bockius, has successfully represented Solvd in its acquisition of Tooploox. The deal sees Solvd, an AI-focused digital engineering firm from the US, expanding its technological capabilities and market presence by purchasing Tooploox, a Polish firm known for its work in artificial intelligence and software development. Solvd is backed by Siguler Guff & Company, a major investment firm managing around USD 17 billion in assets. The sellers of Tooploox were advised by the law firm Marszalek i Partnerzy.
Sectors
- Artificial Intelligence
- Software Development
- Investment Management
- Legal Advisory
Geography
- United States – Solvd is headquartered in the US, and its backing firm Siguler Guff & Company is also US-based.
- Poland – Tooploox is a company based in Poland, where the acquisition's target is located.
Industry
- Artificial Intelligence – Both Solvd and Tooploox specialize in AI, making this industry a key focus of the acquisition.
- Software Development – Tooploox's core business involves software development, relevant to the sectors serviced by Solvd.
- Investment Management – Siguler Guff & Company, involved in the acquisition as the financial backer of Solvd, operates within this industry.
- Legal Advisory – Wardynski & Partners and Marszalek i Partnerzy provided legal services, relevant to the transaction.
Financials
- USD 17 billion – The amount of assets under management by Siguler Guff & Company.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Solvd | Buyer | Company | A US-headquartered AI-first digital engineering firm. |
| Tooploox | Target Company | Company | A Polish AI and software development firm. |
| Wardynski & Partners | Legal Advisor | Company | Provided legal advice to Solvd in the acquisition. |
| Marszalek i Partnerzy | Legal Advisor | Company | Advised the sellers in the acquisition of Tooploox. |
| Siguler Guff & Company | Financial Backer | Company | A private markets investment firm backing Solvd. |