Blue Media & Pollen Street Capital Announce Strategic Growth Investment. PwC Team acted as an exclusive M&A adviser to Blue Media in the Transaction.

Blue Media S.A., a leading online payments provider in Poland, has announced a new partnership with Pollen Street Capital, a leading independent, alternative investment management company focused on the financial and business services sectors. As part of this transaction, Pollen Street will make a strategic growth investment in Blue Media to help accelerate its expansion plans in the payments sector in Europe. PwC M&A acted as an exclusive adviser to Blue Media in the transaction. 

PwC M&A Team involved: Adam Demusiak (Partner), Adam Ostaszewski (Director), Jerzy Budzyński (Senior Associate), Karol Pietruk (Senior Associate) and Jakub Żmuda (Associate). The M&A Team was supported by the PwC Tax Advisory representatives incl. Sławomir Krempa (Partner) and Marcin Zawadzki (Director).

As Blue Media has informed it is a pioneer in the payments space in Poland, offering a range of payments and payments related services to businesses and consumers via the Blue Media and Autopay brands. This year the business expects to process over €6bn of payments, with over 33,000 active eCommerce merchants and is approaching 1 million users of the Autopay app. The company is looking to accelerate its recent rapid growth in eCommerce and Mobility payments, and will leverage both Pollen Street’s capital and sector expertise to create a market-leading European online payments business.

The transaction is expected to close in H1 2022 subject to receiving regulatory approvals and clearing customary conditions.

In the last 12 months, the M&A team led by Adam Demusiak and Marcin Byrt, as a leading transaction advisor, participated in 13 transactions in Poland with a total value of over PLN 3,5 billion, working with leading Private Equity funds, including Carlyle, Abris Capital Partners, Innova Capital and Enterprise Investors.

The Deals Platform team at PwC Polska consists of over 150 experts specializing in complex transaction processes, primarily in aspects such as: mergers and acquisitions, strategic and commercial due diligence consultancy, financial due diligence, due diligence