PRA Group Polska Sub-Holding sp. z o.o signed letter of intent to acquire TFI Capital Partners S.A. from Capital Partners S.A. (WSE:CPA) on February 6, 2020. PRA Group Polska Sub-Holding sp. z o.o signed a conditional sale agreement to acquire TFI Capital Partners S.A. from Capital Partners for PLZ 7.4 million on June 29, 2020. Under terms of transaction, PRA group will acquire 10,997,000 shares of Towarzystwo Funduszy Inwestycyjnych Capital Partners SA and the consideration may be increased by no more than PLN 800,000 if TFICP achieves certain business goals by December 31, 2022. The agreement also contains standard CP liability provisions, which may result in a reduction in the selling price. PRA Group Polska Sub-Holding sp. z o.o completed the acquisition of TFI Capital Partners S.A. from Capital Partners S.A. (WSE:CPA) on March 1, 2021. Haitong Bank Warsaw Branch acted as sole financial advisor in the transaction.