DLA Piper advises pool of banks on financing of acquisition of energy systems producer Rockfin S.A.

DLA Piper has advised a pool of banks comprising of PKO Bank Polski, mBank and Santander Bank Polska, on the financing for the acquisition of shares in Rockfin S.A. by Capmont Private Equity and RIO ASI.

Rockfin is one of the world’s leading Tier-1 suppliers of critical systems for energy infrastructure, specializing in complex oil, fuel and energy systems for the energy sector, including compressors, turbines, generators and renewable energy installations. The business employs over 1400 individuals and operates production facilities in Poland, the United States of America, Italy, Switzerland, and Saudi Arabia.

The financing covers the acquisition of the company’s shares, refinancing of existing indebtedness, the issuance of guarantees, and the execution of hedging transactions. DLA Piper’s scope of advice included comprehensive support to the financing banks, preparation of financing documentation (including the facilities agreement), security and hedging documentation, and coordination of the fulfilment of conditions precedent.

Capmont Private Equity is a European private equity fund focused on investments in companies with strong growth potential, while RIO ASI invests in large-scale projects of strategic importance to the economy.

A team from DLA Piper’s Finance practice in the Warsaw office worked on the transaction led by partner Katarzyna Jakubiak. She was supported by senior associate Anna Tomaszewska, and junior associate Jakub Figura.