CRIDO has advised speedapp in the sale of 100% of its shares to Connectis_, a leading company specializing in building, implementing, and developing IT teams. This strategic merger opens new opportunities for both companies, strengthening their market positions, enhancing their innovation potential, and paving the way for dynamic growth.
The CRIDO M&A team continues to fulfil its mission as a partner in mergers and acquisitions, offering comprehensive one-stop-shop support. In this case, CRIDO supported speedapp throughout the process of selling 100% of its shares to Connectis_. The transaction exemplifies CRIDO’s effectiveness, combining expert knowledge, efficient communication, and a tailored approach to meet client needs.
Connectis_ is an IT expert supporting global leaders in executing complex technology projects. Their mission is to develop people and companies by building developer teams today and investing in tomorrow’s leaders.
speedApp – a fast-growing technology firm that has undergone impressive transformation over the past six years. Initially focused on IT recruitment, speedapp has expanded its capabilities to include developing software centers, IT outsourcing, and providing specialized IT talent. With a commitment to innovation and quality, the company serves clients in Poland, Europe, the U.S., and Israel’s "Silicon Wadi." Today, speedapp employs nearly 200 skilled experts delivering top-tier project support.
“Selling a company is always a challenging process, both strategically and emotionally. speedapp has faced and overcome numerous challenges since its inception, from rapid growth and servicing international clients, including Silicon Wadi, to earning prestigious accolades such as the Clutch 100 Fastest Growth Company 2023 and Forbes Diamonds (2022-2025). CRIDO team demonstrated professionalism and a deep understanding of our needs, helping us achieve our goals.” - speedapp CEO and co-founder Paweł Lisowski expressed.
The transaction was executed thanks to the dedication and expert knowledge of CRIDO’s interdisciplinary team. Corporate Finance Team: Led by Artur Marszałkiewicz, with Aleksandra Małolepsza (Associate Director) and Paweł Barwiński (Senior Associate). This team managed the transaction, offering comprehensive financial support and effective project management. Legal Team: Headed by Mateusz Baran and supported by Katarzyna Żółcińska (Counsel) and Barbara Kwaśnicka (Senior Associate), ensuring all legal aspects were addressed. Human Advisory Services: Led by Michał Grzybowski, with Michał Panek (Manager), contributing expertise on executive remuneration and governance. Tax Advisory Team: Represented by Karolina Gotfryd (Manager) and Arkady Zadrożny (Senior Consultant), providing vital tax support.
Artur Marszałkiewicz commented on the transaction - "A thorough understanding of our client’s needs and goals allowed us to not only address challenges but also deliver solutions aligned perfectly with their strategic objectives. These values are the foundation of our M&A team’s success."
The completion of this transaction is not only a milestone for speedapp but also a testament to the effectiveness of CRIDO’s operational model. The merger demonstrates CRIDO’s ability to provide clients with real business value by combining interdisciplinary expertise with a tailored approach.
"Our priority is to support clients in achieving their key business goals. For speedapp, we didn’t just execute a transaction but also helped them take the next step in their development." - Artur Marszałkiewicz emphasized.