Our People

Pavlos Kaimakliotis

Managing Partner
Bio

Pavlos is a dual qualified lawyer (Cyprus and England and Wales) and is the founder and a partner of Kaimakliotis LLC. Prior to setting up the Firm, Pavlos has worked as a solicitor at the London, Moscow and Warsaw offices of Linklaters LLP, the global Magic Circle law firm.

Recent Work

Pavlos’ recent experience includes advising:

  • Zurich Insurance in connection with its investment in Ominimo Insurance, a digital insurance provider;
  • Telekom Srbija on its acquisition of Eon TV International from United Group. The transaction also included United Group’s sale of SBB Belgrade to PPF Telecom Group;
  • VEON’s Kyivstar on its acquisition of Uklon, a leading ride-hailing business in Ukraine;
  • Eastnine on its EUR 280 million acquisition of the Warsaw Unit office building from Ghelamco;
  • Prosegur Change on its acquisition and licence arrangements for operating a bureau de change business in Cyprus, including Central Bank of Cyprus applications and approvals;
  • Goldman Sachs on loan arrangements and the associated security package provided to the Fattal Group. The financing supported the borrower’s acquisition of hotels across multiple European countries;
  • Cleanthi Alpha-Olenic Ltd on Zinzino’s acquisition of 49% of the shares and voting rights in the Cypriot olive oil producer;
  • RYSY Logistics, an international investor in commercial real estate, on its acquisition of two industrial parks in Poland from Panattoni;
  • Infiterra on multiple corporate restructurings and shareholder arrangements, including matters related to class rights and the establishment of employee incentive schemes;
  • Concorde Capital on its acquisition of Beiken Energy Ukraine, a Ukrainian entity previously owned by Beiken, one of China’s largest private oil and gas service providers;
  • Beach Point Capital on its financing to Cipriani Group to support the latter’s growth and expansion within the hospitality sector;
  • Target Global on the refinancing of existing facilities provided by Fortress, replacing them with new facilities from Crestline;
  • The target company and one of the sellers on the sale of a stake in rabota.ua and work.ua group to Grupa Pracuj, a leading HR technology provider in Central and Eastern Europe;
  • PPF Group on a range of corporate and finance transactions, as well as providing comprehensive advisory services related to their operations in Cyprus;
  • Cornerstone Investment Management on the acquisition of Ecowipes, a leading producer of bio-degradable wet wipes, and associated equity arrangements;
  • an investor with respect to its minoriry investment into Infiterra, a leading provider or cloud commerce platform in Greece;
  • Searchlight Capital Partners, on all aspects of Cyprus law, in relation to its agreement to acquire a majority stake in Celestyal Cruises, a leading cruise operator in the Greek Islands and East Mediterranean, and related debt financing arrangements;
  • an Armenian bank with respect to the whole spectrum of its legal requirements in relation to its proposed acquisition of a Cypriot bank, including transactional, regulatory and anti-trust services;
  • Skybound Capital, on corporate and regulatory Cyprus law aspects, in relation to their acquisition of Fenix Capital Markets Trading Ltd, a CYSEC regulated financial services provider;
  • a consortium consisting of Samsung C&T, Posco E&C, Mitsui OSK and Osaka Gas in their bid to supply, construct and operate a liquefied natural gas import facility in Cyprus, one of the largest infrastructure projects in Cyprus ever;
  • one of the largest American multinational energy (O&G) corporations (with rights to offshore natural gas licences in Cyprus) in their ESG and related regulatory arrangements in Cyprus;
  • an investor in PV projects in Cyprus on development and investment requirements, including with respect to leasing of state land and related arrangements with state authorities and processes;
  • BetterMe on various corporate law matters, including group restructurings, company redomiciliations, capital reduction actions, and corporate applications involving court procedures;
  • Hines, one of the largest privately held real estate investors and managers in the world, on various aspects of their real estate investments, corporate and finance matters;
  • Cornerstone Investment Management on the acquisition of Ecowipes, a leading producer of bio-degradable wet wipes, and associated equity arrangements;
  • Rysy Properties Limited in its structuring and financing arrangements with respect to its EUR 46 million acquisition of the Mokotow Nova office building in Warsaw;
  • KAZ Minerals on Cyprus law elements of the US$900m acquisition of the Baimskaya copper and gold project in the Chukotka region of Russia;
  • the lenders on all Cyprus law aspects in relation to the landmark $11bn Arctic LNG 2 financing;
  • KAZ Minerals in relation to provision of Cypriot law security in connection with its US$5.7B loan facilities from VTB, in connection with the take-private offer for KAZ Minerals PLC and refinancing of existing KAZ Minerals facilities;
  • a Ukrainian private equity group and its Cypriot group entity in relation to all aspects of Cypriot law with respect to its bank facility and related novel pledge arrangements over fund units;
  • FTV Capital Partners in its minority investment in PeopleCert, an examination and awarding body for professional and language certifications, allowing also for the acquisition by PeopleCert of Axelos;
  • the banks on all aspects of Cypriot law with respect to project financing over a significant advanced copper-gold exploration project in Russia;
  • Volpi Capital, a European private equity firm specialising in technology companies, on its investment in insurance software provider Adacta;
  • Sistema VC on their acquisition of additional stake in the JV company holding the Ozon Group;
  • Elis, an international multi-service provider, offering textile, hygiene, and facility services solutions on its 100% acquisition of Blesk InCare’s textile activity;
  • Yandex, one of Europe’s largest internet companies and the leading search provider in Russia, on Cypriot law elements on the acquisition by MLU B.V. (Yandex JV with Uber) of the intellectual property and call-centres of the Vezet group in Russia;
  • the Cypriot holding entity of an international banking group on the implementation and modernisation of its corporate governance and board of directors and advisory committee processes
  • DraftKings in its three-way combination with SBTech and Diamond Eagle Acquisition to create the only vertically integrated U.S.-based sports betting and online gaming company;
  • Syngenta on its acquisition of relevant assets of the Cropio Group, an Ag Tech company with a presence in over 50 countries;
  • I Squared Capital on the USD 2.15 billion acquisition of GTT Communications’ business infrastructure in Central, Southern, and Eastern Europe;
  • Novator with respect to its holding in Machine Zone, in connection with AppLovin’s acquisition of Machine Zone;
  • Novator on its Chilean mobile telecoms operator subsidiary on the Cypriot-related corporate actions relating to WOM’s inaugural US$450M high yield bond and entry into new US$200M (equivalent) pari passu senior credit facilities;
  • Group companies on their redomiciliation and/or tax residency actions into and out of Cyprus;
  • Oleksandr Yaroslavsky, the owner and president of the DCH group, on Cyprus law elements of his acquisition of all shares of Bank Credit Dnipro from a Cyprus seller;
  • Interxion, a Digital Realty (NYSE: DLR) company and a leading European provider of data centre solutions, on its acquisition of Lamda Hellix, a Greece-based colocation and interconnection services provider in Southeastern Europe
  • Elis, the Euronext Paris-listed international multi-service textile and hygiene service provider, on Cyprus law elements on proposed acquisition of mats business of the Blesk-In-Care group in Russia and related financing and security arrangements;
  • a Canadian fund on the Cyprus law elements of their acquisition of Ukrainian renewable energy project companies;
  • Blackstone on Cypriot law elements on its €260 million public takeover of Taliesin Property Fund;
  • M1 Group on obtaining security package in relation to financing in connection with a Cypriot company;
  • Galileo Global Education and Providence Equity Partners on all matters of Cyprus law with respect to the acquisition of European University Cyprus from Laureate Education, one of the largest and most complex transactions in Cyprus in 2017;
  • the purchasers with respect to the acquisition of two hotel units in Famagusta District in Cyprus;
  • Maxtube group on all aspects of Cyprus law in relation to refinancing of existing debt, including with respect to security provided.
  • on a number of EU-wide cross-border mergers involving Cyprus-registered companies;
  • the seller in relation to the sale of 50% of the shares in Vikay Industrial Limited (the holding company of the New Stream Group and the Antipinsky Oil Refinery in Russia) to ARETI Gasenergy and related shareholding matters;
  • an undisclosed bidder with respect to the proposed acquisition of National Bank of Greece’s subsidiary bank in Cyprus;
  • the shareholders with respect to Cypriot elements of a joint venture arrangement over Ukrainian PV renewable energy fields;
  • an international deepwater drilling group on Cyprus elements of its restructuring programme
  • a Ukrainian human resources solutions group on its cross border joint venture with a Polish group active in the same industry;
  • a supranational lender with respect to a transaction involving the acquisition of certain receivable obligations by a Cypriot borrower;
  • a multi-national Russian bank on Cypriot elements of a swap transaction involving a Ukrainian group;
  • a private equity firm on Cypriot elements of a transaction regarding the sale of one of its Polish portfolio companies;
  • Tourism Enterprises of Messinia, S.A. and Dogus Holding in their acquisition of Ionian Hotel Enterprises S.A. (the owner of Hilton Athens Hotel) and associated joint venture arrangements of the purchasers;
  • Apollo and The Rohatyn Group on the sale of their majority interest in CDA Group Limited, the holding company for the Karavan shopping centres in Ukraine, to DCH Group;
  • Novartis on the sale of its vaccines business to GSK as part of a transaction where Novartis acquired GSK’s oncology business and Novartis also combined its OTC business with GSK’s consumer healthcare business in a joint venture;
  • Qatari-based beIN Media Group on the acquisition of Turkey’s biggest satellite network and pay-TV provider Digitürk;
  • UniCredit on the sale of Ukrsotsbank to Alfa Bank;
  • PZU, a key shareholder of Alior Bank in the latter’s acquisition of Bank BPH from GE Capital;
  • AIG/Lincoln on the sale of “White Square” Office Centre in Moscow, Russia, for US$1bn;
  • the lenders on project financing of a portfolio of 7 wind farms owned by GDF Suez;
  • the lenders in relation to the refinancing of facilities relating to the Rion crossing in Greece (a fixed link crossing over the Gulf of Corinth under a concession granted by the Greek State);
  • Yıldız Holding, Turkey’s largest food and beverage company, on the acquisition of United Biscuits from Blackstone and PAI Partners;
  • CVCI and Apollo on the acquisition of the majority interest in Ukrainian real estate group Karavan with Ukrainian group DCH and associated issues; and
  • Nestle on the US$11.85bn cash acquisition of Pfizer Inc.’s infant nutrition business.
Professional Qualifications: Member of the Cyprus Bar Association
Licenced Insolvency Practitioner
Solicitor of the Supreme Court of England and Wales
Education:2007 – 2010: LLB (First Class Honours), Queen Mary, University of London
2011: Legal Practice Course (Distinction), College of Law, Moorgate
Career to Date2016 to date: Managing Partner, Kaimakliotis LLC
2011 to 2016: Solicitor, Linklaters London, Moscow and Warsaw
2010 – 2011: Lawyer, Georgiades & Pelides LLC, Cyprus