Private Equity Firms in Warsaw: Investment Hub

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Warsaw has emerged as a prime location for private equity firms, attracting top-tier investors like Enterprise Investors, Resource Partners, and Avallon MBO. These firms leverage Poland’s robust economic landscape, targeting diverse sectors from consumer goods to healthcare. The city’s strategic position in Central and Eastern Europe provides an ideal ecosystem for investment opportunities. Discover more about this dynamic private equity landscape and connect with like-minded professionals at alexejpikovsky.com/community, where business leaders in private equity and M&A converge.

Enterprise Investors

Investment Style: Enterprise Investors focuses on buyouts and growth capital investments in Central and Eastern Europe. They prioritize sectors such as retail, consumer goods, healthcare, and industrial products, supporting companies with strategic guidance and financial resources to accelerate growth.

Portfolio Companies: Their portfolio includes companies like Danwood (a leading manufacturer of prefabricated houses in Poland), Pan-Pek (a Croatian bakery chain), and Intersport ISI (a sports goods retailer).

Founding Date: 1990

Number of Investment Professionals: Over 30

Assets Under Management: Approximately €2 billion

Key Investment Professionals:

  • Jacek Siwicki, President: Siwicki has been instrumental in shaping the firm’s investment strategy across various sectors and guiding successful exits.
  • Michał Kędzia, Partner: Kędzia focuses on investments in consumer goods and healthcare, leveraging his experience to drive portfolio growth.
  • Jerzy Bielecki, Partner: Bielecki specializes in industrial investments and has played a pivotal role in several key transactions.

Recent Exits:

  • Exit from Dino Polska, a Polish supermarket chain, through an IPO on the Warsaw Stock Exchange.
  • Sale of Skarbiec Holding, a leading asset management firm in Poland.

Recent Investments:

  • Investment in NU-MED Group, a Polish network of oncology centers.
  • Acquisition of a majority stake in a Croatian bakery chain, Pan-Pek.

Office Locations:

  • Warsaw (Headquarters): Poland

Website: www.ei.com.pl

Quote: “Our deep understanding of the Central and Eastern European market allows us to identify and nurture high-potential companies, providing them with the resources and strategic guidance needed to thrive.” – Jacek Siwicki, President

Resource Partners

Investment Style: Resource Partners specializes in growth capital investments in the consumer goods, service, and healthcare sectors in Central and Eastern Europe. They focus on supporting management teams in executing growth strategies and driving operational improvements.

Portfolio Companies: Their portfolio includes companies such as Biofarm (a Polish pharmaceutical company), and Good Food Products (a snack manufacturer).

Founding Date: 2009

Number of Investment Professionals: Approximately 15

Assets Under Management: Over €300 million

Key Investment Professionals:

  • Jerzy Wiesniewski, Managing Partner: Wiesniewski utilizes his extensive experience in private equity to lead Resource Partners’ investment strategy.
  • Marcin Świerczyński, Partner: Świerczyński has been crucial in developing the firm’s consumer goods investment focus.

Recent Exits:

  • Exit from Good Food Products through a sale to a strategic buyer.
  • Sale of shares in UAB Medicata Filia, a Lithuanian pharmaceutical company.

Recent Investments:

  • Investment in a Polish pharmaceutical company, Biofarm.
  • Acquisition of a significant stake in a regional healthcare provider.

Office Locations:

  • Warsaw (Headquarters): Poland

Website: www.resourcepartners.eu

Quote: “Our approach is to partner with talented management teams in the consumer and healthcare sectors to unlock growth potential and drive value creation.” – Jerzy Wiesniewski, Managing Partner

Avallon MBO

Investment Style: Avallon MBO specializes in management buyouts (MBO) and buy-ins (MBI) in the Polish mid-market. They focus on partnering with management teams to execute buyouts and drive growth in industrial and consumer sectors.

Portfolio Companies: Their portfolio includes companies like Wosana (a Polish beverage producer) and Velvet Care (a leading tissue paper producer in Poland).

Founding Date: 2001

Number of Investment Professionals: Around 10

Assets Under Management: Approximately €200 million

Key Investment Professionals:

  • Krzysztof Kulig, Managing Partner: Kulig plays a key role in driving the firm’s investment strategy and managing relationships with portfolio companies.
  • Andrzej Różycki, Managing Partner: Różycki focuses on structuring and executing MBO and MBI transactions.

Recent Exits:

  • Exit from Velvet Care through a sale to a strategic buyer.
  • Sale of shares in Wosana, a Polish beverage producer.

Recent Investments:

  • Investment in a Polish industrial company focused on manufacturing solutions.
  • Acquisition of a consumer goods company specializing in food products.

Office Locations:

  • Warsaw (Headquarters): Poland

Website: www.avallon.pl

Quote: “Our strength lies in empowering management teams to realize their vision through buyouts, fostering growth and value creation.” – Krzysztof Kulig, Managing Partner

Innova Capital

Investment Style: Innova Capital focuses on buyouts and growth capital investments primarily in Central and Eastern Europe. They target sectors such as financial services, technology, and industrials, emphasizing transformative strategies and operational improvements.

Portfolio Companies: Innova’s portfolio includes PayPoint (a leading payments service provider in Romania) and Eneris (a waste management company).

Founding Date: 1994

Number of Investment Professionals: Over 20

Assets Under Management: Approximately €700 million

Key Investment Professionals:

  • Tomasz Swieboda, Partner: Swieboda focuses on financial services and technology investments.

Recent Exits:

  • Exit from PayPoint via sale to strategic investors.
  • Sale of Eneris, a waste management company, to a strategic acquirer.

Recent Investments:

  • Investment in a digital transformation company in the financial sector.
  • Acquisition of a majority stake in a regional technology firm.

Office Locations:

  • Warsaw (Headquarters): Poland

Website: www.innovacap.com

Quote: “Our focus on transformational strategies and operational improvements allows us to drive significant value creation in our portfolio companies.” – Krzysztof Kulig, Managing Partner

Modern architectural skyline of Warsaw at sunset, with geometric art and pastel color palette.

Abris Capital Partners

Investment Style: Abris Capital Partners specializes in mid-market buyouts in Central and Eastern Europe, with a focus on high-growth sectors such as healthcare, consumer, and industrials. They aim to enhance value through strategic planning and operational improvements.

Portfolio Companies: Their portfolio includes Velvet Care (a leading tissue paper producer) and Graal (a food processing company).

Founding Date: 2007

Number of Investment Professionals: Approximately 30

Assets Under Management: Over €1.5 billion

Key Investment Professionals:

  • Pawel Gierynski, Managing Partner: Gierynski leads the investment strategy and focuses on industrial and consumer sectors.
  • Wojciech Jezierski, Partner: Jezierski specializes in healthcare and industrial investments.

Recent Exits:

  • Exit from Graal through a sale to strategic partners.
  • Sale of Velvet Care to a strategic acquirer, realizing substantial returns.

Recent Investments:

  • Investment in a leading regional healthcare provider.
  • Acquisition of a consumer goods company with a strong market presence.

Office Locations:

  • Warsaw (Headquarters): Poland

Website: www.abris-capital.com

Quote: “Our strategy focuses on identifying high-growth sectors and leveraging our expertise to drive substantial value for our investors through strategic and operational improvements.” – Pawel Gierynski, Managing Partner

MCI Capital

Investment Style: MCI Capital focuses on digital economy growth investments in Central and Eastern Europe. They target sectors such as fintech, e-commerce, and digital infrastructure, supporting companies with both financial and strategic resources.

Portfolio Companies: Their portfolio includes companies like Gett (a global mobility company) and Answear.com (an online fashion retailer).

Founding Date: 1999

Number of Investment Professionals: Over 20

Assets Under Management: Approximately €1 billion

Key Investment Professionals:

  • Tomasz Czechowicz, Managing Partner: Czechowicz is known for his expertise in digital economy investments and has led several successful deals.
  • Maciej Kowalski, Partner: Kowalski focuses on fintech and e-commerce sectors, driving the firm’s digital investment strategy.

Recent Exits:

  • Exit from Answear.com through an IPO on the Warsaw Stock Exchange.
  • Sale of shares in Gett to a strategic investor.

Recent Investments:

  • Investment in a fintech company specializing in online payments.
  • Acquisition of a digital infrastructure company with regional reach.

Office Locations:

  • Warsaw (Headquarters): Poland

Website: www.mci.pl

Quote: “We believe in the transformative potential of digital economy businesses and our role is to turn this potential into tangible results for our investors and portfolio companies.” – Tomasz Czechowicz, Managing Partner

3TS Capital Partners

Investment Style: 3TS Capital Partners specializes in technology and media growth capital investments in Central and Eastern Europe. They focus on companies with high growth potential in sectors like digital media, IT, and communications.

Portfolio Companies: Their portfolio includes companies such as Piano Media (a content monetization platform) and Safeture (a global travel and safety management platform).

Founding Date: 1998

Number of Investment Professionals: Around 15

Assets Under Management: Approximately €300 million

Key Investment Professionals:

  • Daniel Lynch, Managing Partner: Lynch has a strong background in technology investments and plays a key role in the firm’s strategic direction.
  • Peter Riedl, Partner: Riedl focuses on digital media and IT sectors, leveraging his expertise to drive the firm’s investment strategy.

Recent Exits:

  • Sale of Piano Media to a strategic acquirer in the media sector.
  • Exit from Safeture through a secondary sale to financial investors.

Recent Investments:

  • Investment in a digital advertising technology company.
  • Acquisition of a leading provider of IT services in the region.

Office Locations:

  • Warsaw (Headquarters): Poland

Website: www.3tscapital.com

Quote: “Our investment strategy is rooted in identifying and nurturing high-growth technology and media companies that can reshape industries.” – Daniel Lynch, Managing Partner

CVI Dom Maklerski

Investment Style: CVI Dom Maklerski specializes in private debt and structured equity investments in Poland and Central Europe. They focus on providing flexible financing solutions to mid-market companies across various sectors.

Portfolio Companies: Their portfolio includes a diverse range of companies in sectors such as real estate, manufacturing, and services.

Founding Date: 2012

Number of Investment Professionals: Over 25

Assets Under Management: Approximately €1 billion

Key Investment Professionals:

  • Jarosław Grzywiński, Managing Partner: Grzywiński has been pivotal in developing the firm’s private debt strategy and expanding its portfolio.
  • Robert Moritz, Partner: Moritz focuses on structured equity investments and has a strong background in financial services.

Recent Exits:

  • Successful exit from a real estate development project through a sale to institutional investors.
  • Repayment and exit from a structured debt investment in a manufacturing company.

Recent Investments:

  • Investment in a logistics company providing supply chain solutions.
  • Structured equity investment in a growing tech firm specializing in software development.

Office Locations:

  • Warsaw (Headquarters): Poland

Website: www.cvi.pl

Quote: “We offer tailored financing solutions that address the unique needs of mid-market companies, helping them achieve their growth objectives.” – Jarosław Grzywiński, Managing Partner

Tar Heel Capital

Investment Style: Tar Heel Capital focuses on growth capital and buyout investments in small and mid-sized enterprises in Poland. They target sectors such as technology, healthcare, and industrials, aiming to drive growth and value creation.

Portfolio Companies: Their portfolio includes companies like ZPUE (an electrical equipment manufacturer) and Enel-Med (a healthcare service provider).

Founding Date: 1995

Number of Investment Professionals: Around 15

Assets Under Management: Approximately €500 million

Key Investment Professionals:

  • Maciej Sikora, Managing Partner: Sikora plays a key role in shaping the firm’s strategy and identifying investment opportunities.
  • Piotr Wojciechowski, Partner: Wojciechowski focuses on healthcare and industrial sectors, utilizing his expertise to drive portfolio growth.

Recent Exits:

  • Exit from ZPUE through a secondary sale to financial investors.
  • Sale of Enel-Med shares to a strategic buyer in the healthcare sector.

Recent Investments:

  • Investment in a technology company specializing in innovation solutions.
  • Acquisition of a healthcare service provider with a strong regional presence.

Office Locations:

  • Warsaw (Headquarters): Poland

Website: www.tarheelcap.com

Quote: “Our commitment to driving growth and innovation in the Polish market sets us apart as a leading investment partner for SMEs.” – Maciej Sikora, Managing Partner

Value4Capital

Investment Style: Value4Capital focuses on management buyouts, buy-ins, and growth capital investments in mid-sized companies in Central and Eastern Europe. They target sectors like healthcare, consumer services, and industrial products.

Portfolio Companies: Their portfolio includes companies such as Work Service (a HR and employment services provider) and Kom-Eko (a waste management company).

Founding Date: 2011

Number of Investment Professionals: Approximately 10

Assets Under Management: Over €200 million

Key Investment Professionals:

  • John Kornacki, Managing Partner: Kornacki is responsible for the firm’s investment strategy and focuses on opportunities in the healthcare sector.
  • Anna Zygmunt, Partner: Zygmunt specializes in consumer services and industrial investments, leveraging her expertise to drive value creation.

Recent Exits:

  • Exit from Work Service through a sale to a strategic acquirer.
  • Sale of Kom-Eko shares to a financial investor, achieving significant returns.

Recent Investments:

  • Investment in a healthcare services company with regional expansion plans.
  • Acquisition of a consumer service provider with a strong market position.

Office Locations:

  • Warsaw (Headquarters): Poland

Website: www.value4capital.com

Quote: “Our focus on management buyouts and growth capital investments allows us to partner with companies poised for success in Central and Eastern Europe.” – John Kornacki, Managing Partner

Conclusion

Warsaw’s private equity landscape continues to evolve, presenting dynamic opportunities for strategic investors. The city’s robust ecosystem demonstrates remarkable potential for value creation and sophisticated financial maneuvering. As global capital increasingly recognizes Warsaw’s economic potential, private equity firms are poised to play a crucial role in driving regional economic transformation.

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Alexej Pikovsky

started his career in investment banking at NOMURA in London. After completing $7bn+ M&A and financing deals, Alexej became an investor at a family office and subsequently at a multi-billion private equity fund where he gained board experience and exited a portfolio company to a listed chemicals business in Poland. End of 2019, Alexej started his founder journey, raising $4m+ from family offices and angels. Alexej is the founder of NUOPTIMA, a growth agency and also acquired, 96NORTH, a consumer brand in the USA.