Partners Group Holding AG (SWX:PGHN) agreed to acquire Velvet CARE Sp. z o. o from Abris CEE Mid-Market Fund III LP, a fund managed by Abris Capital Partners Limited on December 11, 2023.For FY 2022, Velvet had revenues of ?277 million and had 850 employees. Completion of the transaction is subject to customary regulatory approvals. As on January 30, 2024, The European Commission has approved the transaction. The multidisciplinary team of Clifford Chance lawyers from Warsaw, London, Luxembourg, Düsseldorf, and Prague offices was supervised by Jonny Myers and led by Wojciech Polz, The team was further supported by Jennifer Storey, Katia Gauzès, Dimitri Slobodenjuk, Natalia van der Laat, Lauren Harrisand Ulrich Pfeffer acted as legal advisor to Partners Group. Maciej Kozuchowski and Dominika Ramírez-Wolkiewicz from GESSEL acted as legal advisors to management of Velvet CARE Sp. z o. o. Rafal Baranowski and Maciej Pietrzak and Filip Kijowski from Greenberg Traurig, LLP acted as legal advisors to Abris Capital Partners Limited.

Partners Group Holding AG (SWX:PGHN) completed the acquisition of Velvet CARE Sp. z o. o from Abris CEE Mid-Market Fund III LP, a fund managed by Abris Capital Partners Limited on January 30, 2024.