21 Concordia, the Warsaw-based, Polish branch of 21 Partners, held its second and final close with aggregate commitments of EUR100 million, garnering strong interest from leading international institutions.
Managed by four experienced Polish Managing Partners: Dariusz Górka, Andrzej Mierzwa, Marek Modecki (pictured) and Dawid Sukacz, the team on-the-ground invests in Polish mid-sized enterprises and accompanies them in a new phase of development.
The fund, which began investing in 2014, has already completed two investments: EGB, one of the most experienced and innovative companies in the Polish debt collection and receivables market, and TxM, a leading discount clothing chain with over 300 stores in Poland, Slovakia and the Czech Republic, offering a wide range of clothing for the whole family at very attractive prices.
Two additional investments are currently being reviewed and may be completed soon.
In addition to capital, 21 Concordia offers Polish companies access to 21 Partners’ vast international network including business expertise and broad contacts across Europe. Faithful to the Group’s value creation strategy implementing strategic guidance, acceleration of growth and improved efficiency, 21 Concordia is an ideal partner for Polish entrepreneurs seeking local financial and strategic support to foster growth and international expansion.
The investment focus concentrates on small and medium sized companies with annual revenues typically between EURM 10 to 50 – a very attractive segment of the Polish private equity market. 21 Concordia is uniquely positioned in the Polish market to identify and address such dynamic and growing companies, providing investors with access to some of the most attractive opportunities Poland has to offer.
