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MCI will not slow down its investment pace in 2024

03.01.2024 Download PDF

We have had a very successful investment end of 2023, but we are not slowing down and we assume that in 2024-2026 we will increase our portfolio by about 10 new companies, allocating PLN 1.5-2 billion for it – write Tomasz Czechowicz, president and Ewa Ogryczak, vice-president of MCI Capital in a special comment for ISB Tech.

“There are more and more attractive investment offers on the market. At the beginning of the 2nd quarter of last year, mainly businesses that had problems with debt or results were put up for sale. It’s much better now because valuations have improved a bit, but there aren’t that many investors with money”.

We have PLN 1 billion on hand and we will have the second one thanks to investment exits in the coming years. We can complete 3-4 transactions a year and at the same time we expect to grow gradually”.

“We assume that in 2030 our new investments will exceed PLN 5 billion in total, which will make us the leader of the private equity market in the region. MCI is already one of the three largest “mid market” funds in Central and Eastern Europe in terms of size and at the same time one of the most active when looking for new investments”.

“We operate in a unique model because we are the only one who operates based on our own capital, which is permanently reinvested and we are simultaneously listed on the Warsaw Stock Exchange (GPW) (as of September 30, the assets managed by the largest fund – MCI.EuroVentures FIZ – amounted to over PLN 2.7 billion)”.

More: https://www.isbtech.pl/2024/01/mci-nie-zwolni-tempa-inwestycji-w-2024-r/

03.01.2024 Download PDF