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CMS Cameron McKenna LLP recently closed the deal for the acquisition of a majority stake in Credoma a.s, an independent mortgage provider in the Czech Republic, by AnaCap Financial Partners (“AnaCap”), for an undisclosed sum.
AnaCap, a private equity fund that specialises in financial services businesses adds Credoma to an already extensive portfolio including Syscap, Conduit Capital Markets and Base Commercial Mortgages. Credoma focuses on multi-family loans (mortgage loans to housing associations or co-operatives of apartment blocks) and single-family loan products for property purchase, debt consolidation and refurbishment purchases.
The CMS Cameron McKenna team representing AnaCap included Corporate Partner Louise Wallace, Richard Bull, Anna Burchner (Tax) and Helen Rodwell, regional head of Corporate in Central and Eastern Europe (CEE).
Commenting on this transaction, CMS Cameron McKenna Corporate Partner Louise Wallace said, “We were very pleased to advise AnaCap on its acquisition of Credoma. This was AnaCap’s first foray into the European market and we were happy to support them with the firm's expertise in Central and Eastern Europe." Lovells acted for the existing shareholders. |