GrantThornton - regions

Global Funeral Services purchases shares of a Klepsydra SA with the advisory of Grant Thornton specialists

With the beginning of the new year, we are pleased to inform about another successfully closed transaction with our support – our due diligence specialists, financial advisors and M&A lawyers advised to the Spanish Global Funeral Services in the process of joining the Polish public company Grupa Klepsydra SA, listed on the NewConnect.

Within the transaction, we provided support in the field of comprehensive due diligence process (in the scope of the legal, tax and financial matters) regarding the entire Polish capital group that our Client has joined, as well as in the field of the legal transaction advisory, including drafting and negotiating complete transactional documentation.

Subject of the transaction Acquisition of almost 14% of the newly issued shares in the share capital of GRUPA KLEPSYDRA S.A. by GLOBAL FUNERAL SERVICES S.L.
Company issuing shares GRUPA KLEPSYDRA S.A.
Investor GLOBAL FUNERAL SERVICES S.L.
Market Funeral services
Transaction value PLN 23,283,210.28
Grant Thornton’s role Legal advisory on the transaction and support in financial, tax and legal due diligence process provided to the Investor
Benefits from the transaction for the Investor Expanding the business to new territorial markets and participation in an unique market consolidation

GRUPA KLEPSYDRA S.A. has been providing comprehensive funeral services in Poland for over 60 years. Leader of the Polish market and the only company from this segment listed on the NewConnect. The conclusion of the agreement by the Grupa Klepsydra marks the completion of the fund acquisition process, earmarked for the implementation of the company’s strategic objective, namely the consolidation of the Polish funeral market through subsequent acquisitions.

GLOBAL FUNERAL SERVICES was founded in 2017 by two Spanish leaders (GRUP VFV SL and Cabré Junqueras SA) on the funeral market, that have been in business for 300 and 120 years, respectively. Our Client manages the largest network of funeral homes, crematoria and cemeteries in Catalonia and the Balearic Islands.

More services related to: Mergers and acquisitions
Find out more

Let's talk your business

We provide services related to Mergers and acquisitions

We will contact you next working day to identify your needs and tailor our sevices to suit them.

Check again! Some characters you used are not allowed.

Invalid format. Write youraddress@domain.com or phone number +XX XXXXXXXXX.

Request contact

Important topics

See all
Information about cookies

1. As part of the website, the Administrator uses cookies to provide services at the highest level, including in a manner tailored to individual needs.
2. Using the website without changing the cookie settings means that cookies will be stored on your terminal device. You can change your cookie settings in your browser at any time.
3. The Administrator uses cookies to identify the website users, to keep statistics for marketing purposes, and to correctly provide other services offered by the website.
4. Cookies, including session cookies, may also provide information about your terminal equipment and the version of the browser you are using. These tasks are carried out for the correct display of content within the Administrator's website.
3. Cookies are short text files. Cookies do not, under any circumstances, allow the personal identification of a website visitor and no information is stored in them that could allow such identification.
A complete list of the cookies we use and information about their purposes is available in our Privacy Policy.