MCI Capital

Last updated
MCI Capital SA
Company type public company
MCI Warsaw Stock Exchange
ISIN PLMCIMG00012
Industryprivate equity fund
Founded1999
Headquarters00-843 Warsaw, Rondo Daszyńskiego 1,
Poland
Key people
Tomasz Czechowicz; supervisory board chairman: Zbigniew Jagiełło [1]
Number of employees
22
Website www.mci.pl

MCI Capital SA is a private equity fund listed on the Warsaw Stock Exchange [2] (WSE: MCI) established in 1999 by Tomasz Czechowicz with assets under management (AUM) of 2.8 billion PLN (ca. 600 m Euro) and permanent capital of 1.8 billion PLN [ca. 400 m Euro) as of December 31, 2021. According to Wall Street Journal MCI is one of Poland’s leading private equity companies. [3]

Contents

MCI Capital specializes in digital economy buyout and growth capital investments, seeking to deploy EUR 30-100 million per investment. MCI operates across Europe, with a particular emphasis on Central Europe. [4] Historically, MCI Group has also managed funds dedicated to investments in private debt, growth equity, and venture capital.

Business activity

The total value of gross assets under the management of MCI – increased by available financing for investment activities (financial commitments) – as at June 30, 2022 was approximately PLN 2.8 billion. Throughout its history, MCI has made a total of 107 investments and over 73 divestments. Since the start of its operations on January 1, 1999, MCI has delivered an 18 percent average annual increase in NAV per share and an internal rate of return of 27 percent on its growth and private equity portfolio. [5]

MCI Capital ASI SA is a member of the Polish Association of Capital Investors. [6]

Key people at the company include: Tomasz Czechowicz, founder and managing partner; Zbigniew Jagiełło, head of the supervisory board (previously the longstanding president of PKO Bank Polski); and Ewa Ogryczak, senior partner and chief operating officer.

MCI Capital focuses on investments in companies operating in the following segments:

Investments are typically pursued through recapitalizations from venture capital and private equity funds, carveouts from strategic investors, public-to-private transactions, and founder-owner transitions.

Selected exits from investments

Current portfolio and new investments

MCI currently holds shares in 14 portfolio companies and, in line with its investment strategy, plans to implement 2-3 new investments annually.

History

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References

  1. "Supervisory Board". 15 July 2015. Retrieved 2022-09-21.
  2. "Company Card". www.gpw.pl.
  3. Rooney, Ben (17 July 2013). "Polish Startups Must Look Beyond Home". The Wall Street Journal.
  4. "Q&A: Tomasz Czechowicz, MCI Capital". www.realdeals.eu. Retrieved 2022-09-21.
  5. "Raiffeisen report about MCI". www.mci.eu. 19 April 2022. Retrieved 2022-09-21.
  6. "Members of the Polish Private Equity Association". www.psik.org.pl. Archived from the original on 2015-04-29. Retrieved 2015-04-29.
  7. "Polski fundusz uczestniczył w przejęciu przez PayPal fintechowego jednorożca". BusinessInsider.com.pl (in Polish). 21 September 2018. Retrieved 2022-09-20.
  8. "Szczecińska spółka Red Sky kupiona przez Intela". ceo.com.pl (in Polish). 9 November 2021. Retrieved 2022-09-20.
  9. "Goldman Sachs Invests $500m in Data Center Platform Global Compute". dgtlinfra.com. 20 October 2020. Retrieved 2022-09-20.
  10. "MCI wyszedł z lifebraiu za 155 mln zł". PB.pl (in Polish). Retrieved 2022-09-21.
  11. "Wirtualna Polska oficjalnie sprzedana. Do Grupy o2 wszedł fundusz MCI Management". Forsal.pl (in Polish). 14 February 2014. Retrieved 2022-09-20.
  12. "MCI.EuroVentures Completes Partial Sale of Stake in Netrisk to TA Associates". MCI.pl. 8 January 2020. Retrieved 2022-09-20.
  13. "Nets acquires Polish online payment service providers Dotpay/eCard from MCI Capital". Nets.eu. Retrieved 2022-09-20.
  14. "MCI Management dostał za Mall.cz blisko 150 mln zł". Nets.eu. Retrieved 2022-09-20.
  15. "Polish MCI sells travel portal Invia to Czech Rockaway". Reuters.com. 5 February 2016. Retrieved 2022-09-20.
  16. "MCI został akcjonariuszem Papaya Global w wyniku umowy inwestycyjnej z Azimo". Inwestycje.pl (in Polish). 29 July 2022. Retrieved 2022-09-21.
  17. "MCI Capital miało 465,79 mln zł zysku netto, 358,27 mln zł zysku EBIT w 2021 r." Forsal.pl (in Polish). 14 April 2022. Retrieved 2022-09-21.