Tomasz Czechowicz

Last updated
Tomasz Czechowicz
Tomasz Czechowicz MCI.jpg
Tomasz Czechowicz
Born23 June 1970 (1970-06-23) (age 53)
Legnica, Poland
NationalityPolish
Alma mater Wroclaw University of Technology
Warsaw School of Economics
OccupationBusinessman

Tomasz Czechowicz (born 23 June 1970) is a Polish entrepreneur and a private equity investor. He is the founder and Chief Investment Officer of MCI Capital SA, one of the most dynamic private equity groups in Central and Eastern Europe. He also serves on the supervisory boards of multiple companies. Czechowicz manages a group of investment funds active in Poland and across Central and Eastern Europe. The funds are primarily focused on supporting companies in the technology and internet services sectors. [1]

Contents

Education

Czechowicz is a graduate of Wrocław University of Technology, Wrocław University of Economics, Master of Business Administration received from the University of Minnesota and the Warsaw School of Economics. [2]

Business ventures

Czechowicz began pursuing various business ventures from a young age. As a teenager, he coded, produced and sold computer accessories at the trade center in Wrocław, [3] and later in Warsaw as well. [4] When he moved to Wrocław to attend the university, he also began importing old and new computers to Poland, among them Commodore 64s, which made him one of the company's largest European customers. [3]

In 1990 Tomasz Czechowicz, Janusz Krasnopolski and Tomasz Gomułkiewicz co-founded JTT Computer SA. The company continued importing Commodores. In 1997, the company reached a milestone agreement with Intel and Microsoft that allowed them to begin assembling their own PCs under the ADAX brand. [5] Czechowicz was the company's CEO until 1998. During these eight years, he turned the company into the leading Central European PC assembly and distribution business, [1] generating over $100 mln in revenue. [6] In a 2006 interview Tomasz Czechowicz said his experience at this company played a significant role in shaping him and his future business ventures. [7] In an interview from 2016, he commented that JTT Computer S.A. was one of his biggest business challenges, but also one which prepared him well for his next business endeavors. [4]

In 1999, after leaving JTT Computer S.A., Czechowicz founded MCI Group, one of the leading private equity firms in Poland [8] and in Europe, and has been its managing partner since.

MCI Capital ASI SA is a private equity fund with an equity capitalization of EUR 395 million (as of 31 December 2021). MCI focuses on buyout and expansion capital investments in businesses operating in or supporting the digital economy, with a preferred investment size of €30-100 million in a single project. MCI currently holds shares in thirteen portfolio companies and, in line with its investment strategy, plans to pursue 2 to 3 new investments annually. [9]

Some of MCI’s most significant investments completed to date include, amongst others: iZettle (which was sold to PayPal for over $2 billion), [10] RemoteMyApp (sold to Intel Corporation), [11] ATMan (sold to a Goldman Sachs-managed investment fund), [12] WP.pl (sale of the entire block of shares by Orange to the O2 Group, which sold part of its shares to the MCI fund, debut on the Warsaw Stock Exchange – record capitalization of EUR 800 million), [13] Invia (sold to Rockaway Group for over PLN 300 million), [14] Netrisk (implementation of the "buy & build" strategy to build a leading European insurance leader, recapitalization with TA Associates), [15] Dotcard (sale of one of the Polish leaders in the e-payment market for PLN 315 million to a strategic investor Nexi Group/Nets, a digital leader on the European market), [16] , sale of e-shop Mall.cz to Naspers, [17] sale of Mall.cz to Naspers, [18] and exit from Lifebrain to Investindustrial. [19]

Awards

Personal interests

Tomasz Czechowicz devotes his free time to a number of sports. [7] He was quoted in Onet Biznes, saying that “Doing sports allows me to decrease the amount of days I need for the holiday. Thanks to this hobby, I keep myself in good condition, which is necessary in this profession." [4]

Related Research Articles

<i>Wprost</i> Polish weekly news magazine

Wprost is a Polish weekly news magazine published in Poznań, Poland. It has been published since 1982. From 2020 it is available in a digital version only.

<span class="mw-page-title-main">Tomasz Misiak</span> Polish businessman and politician

Tomasz Wojciech Misiak is a Polish politician and businessman.

LiveChat Software is a customer service software company and developer of LiveChat – software as a service-based help desk software and online chat software for e-commerce sales, customer support, and lead generation.

<span class="mw-page-title-main">Michał Sołowow</span> Polish businessman and rally driver (born 1962)

Michał Sołowow is a Polish billionaire businessman and rally driver. His industrial group has 18 production plants in 8 countries and sells products in more than 60 countries on six continents and has over 16,000 employees.

Kulczyk Investments SA is an international investment company, founded by Polish entrepreneur Jan Kulczyk in 2007, focusing on business opportunities in high-growth markets. The company's strategic sectors are energy, infrastructure, chemical industry and mineral resources. Kulczyk Holding SA is responsible for the operations of the group in Poland.

Józef Wojciechowski is a Polish developer, owner of J.W. Construction Holding S.A., and former owner of Polonia Warsaw football club. He was the 31st richest Pole as of 2013, with his wealth estimated at 2 billion zlotys, or about 500 million dollars.

<span class="mw-page-title-main">Netia</span> Polish telecommunications company

Netia is a telecommunications company which owns the second-largest fixed-line cable television and broadband network in Poland. The company was founded in 1990 and the following year was awarded its first concession to provide local telecommunications services in the city of Piła. Three years later, the company built and opened its own first network in the city of Świdnik. The company reached 100,000 subscribers in 1998, acquired its current name in April 1999 and was listed on the Warsaw Stock Exchange in 2000.

<span class="mw-page-title-main">Zbigniew Jagiełło</span> Polish banker (born 1964)

Zbigniew Jagiełło is a Polish banker. He was appointed President of the Management Board of Bank PKO Bank Polski in October 2009. He is also the Vice Chairman of the Supervisory Board of Bank Pocztowy S.A. and Board Member of the Association of Polish Banks.

<span class="mw-page-title-main">Demographics of Poland</span>

The demographics of Poland constitute all demographic features of the population of Poland including population density, ethnicity, education level, the health of the populace, economic status, religious affiliations, and other aspects of the population.

<span class="mw-page-title-main">Tomasz Urbanowicz</span> Polish architect and artistic architectural glass artist

Tomasz Urbanowicz is an architect and a designer of architectural glass art.

<span class="mw-page-title-main">MCI Capital</span>

MCI Capital SA - private equity fund listed on the Warsaw Stock Exchange established in 1999 by Tomasz Czechowicz with assets under management (AUM) of 2.8 billion PLN 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.

<span class="mw-page-title-main">Mateusz Morawiecki</span> Prime Minister of Poland since 2017

Mateusz Jakub Morawiecki is a Polish economist, historian and politician who has served as prime minister of Poland since 2017. A member of the Law and Justice (PiS) party, he previously served in the cabinet of prime minister Beata Szydło as deputy prime minister from 2015 to 2017, Minister of Development from 2015 to 2018 and Minister of Finance from 2016 to 2018. Prior to his political appointment, Morawiecki had an extensive business career.

<span class="mw-page-title-main">Patryk Jaki</span> Polish politician

Patryk Tomasz Jaki is a Polish politician, member of the European Parliament, former Secretary of State in the Ministry of Justice and First Deputy Attorney General, former Chairman of the Verification Committee for Reprivatisation since 2017.

<span class="mw-page-title-main">North Food (company)</span>

North Food S.A. is a joint-stock company operating the North Fish S.A. and John Burg restaurant chains in l fx, vv Founded in 2002, the company headquarters are located in Kielce, Świętokrzyskie Voivodeship.

Mariusz Świtalski is a Polish entrepreneur. He is the founder of Elektromis, Eurocash, Biedronka, Żabka, and Małpka Express and has been named one of the richest people in Poland by Wprost weekly.

<span class="mw-page-title-main">Venture capital in Poland</span> Overview of venture capital in Poland

Venture capital in Poland is a segment of the private equity market that finances early-stage high-risk companies based in Poland, with the potential for fast growth. As of March 2019, there is a total of 130 active VC firms in Poland, including local offices of international VC firms, and VC firms with mainly Polish management teams. Between 2009–2019, these entities have invested locally in over 750 companies, which gives an average of around 9 companies per portfolio. The Polish venture market accounts for 3% of the entire European ecosystem of VC investments, mainly in the digital space.

Beesfund is a Polish equity crowdfunding platform based in Warsaw, Poland. Managed by its eponymous company founded in 2012 by entrepreneur Arkadiusz Regiec, it is one of the first crowdfunding platforms in Poland, and Central and Eastern Europe. As of May 2020, 74 public offerings (issuances) were carried out on the platform, for a total amount of PLN 47M, collected by over 48,000 registered investors.

<span class="mw-page-title-main">SKYSAWA</span> Skyscraper in Warsaw, Poland

SKYSAWA is a pair of buildings in the center of Warsaw, Poland. The buildings are at 36 Świętokrzyska Street on a lot previously occupied by a 1960s 10-storey office building.

Rafał Brzoska is a Polish entrepreneur who is the founder and president of the Integer.pl Capital Group.

References

  1. 1 2 "Tomasz Czechowicz, Polish entrepreneur, sets the standard for prosperity". Financial Times. Retrieved 2017-11-27.
  2. ↑ "Tomasz Czechowicz". www.forbes.pl. Retrieved 2023-06-15.
  3. 1 2 "Tomasz Czechowicz – ludzie – whoiswho Pulsu Biznesu". ludzie.pb.pl (in Polish). Retrieved 2017-11-27.
  4. 1 2 3 "Najbogatsi Polacy: drapieżnik z intuicją". Onet Biznes (in Polish). 2013-06-28. Retrieved 2017-11-27.
  5. ↑ Bonek, Tomasz (2006-03-02). "JTT Computer - bankructwo przez fiskusa, czy na zlecenie konkurencji?". WP money (in Polish). Retrieved 2017-11-27.
  6. ↑ onepixeluniverse. "RE-Invest - Portfolio". www.jtt.pl. Retrieved 2017-11-27.
  7. 1 2 Gąsiorowski, Daniel (2006-02-06). "Tomasz Czechowicz, prezes MCI". WP money (in Polish). Retrieved 2017-11-27.
  8. ↑ Rooney, Ben (2013-07-17). "Polish Startups Must Look Beyond Home". WSJ. Retrieved 2017-11-27.
  9. ↑ "Q&A: Tomasz Czechowicz, MCI Capital". realdeals.eu.com. Retrieved 2022-09-20.
  10. ↑ "Polski fundusz uczestniczył w przejęciu przez PayPal fintechowego jednorożca". BusinessInsider.com.pl (in Polish). Retrieved 2022-09-20.
  11. ↑ "Szczecińska spółka Red Sky kupiona przez Intela". ceo.com.pl (in Polish). Retrieved 2022-09-20.
  12. ↑ "Goldman Sachs Invests $500m in Data Center Platform Global Compute". dgtlinfra.com. Retrieved 2022-09-20.
  13. ↑ "Wirtualna Polska oficjalnie sprzedana. Do Grupy o2 wszedł fundusz MCI Management". Forsal.pl (in Polish). Retrieved 2022-09-20.
  14. ↑ "Polish MCI sells travel portal Invia to Czech Rockaway". Reuters.com. Retrieved 2022-09-20.
  15. ↑ "MCI.EuroVentures Completes Partial Sale of Stake in Netrisk to TA Associates". MCI.pl. Retrieved 2022-09-20.
  16. ↑ "Nets acquires Polish online payment service providers Dotpay/eCard from MCI Capital". Nets.eu. Retrieved 2022-09-20.
  17. ↑ "Polish MCI sells travel portal Invia to Czech Rockaway" . Retrieved 2023-09-18.
  18. ↑ "MCI Management dostał za Mall.cz blisko 150 mln zł". Parkiet.com (in Polish). Retrieved 2023-09-18.
  19. ↑ "MCI wyszedł z lifebrainu" (in Polish). Retrieved 2017-11-27.
  20. ↑ "Tomasz Janusz Czechowicz: Executive Profile & Biography - Bloomberg". www.bloomberg.com. Retrieved 2017-11-27.
  21. ↑ "Weforum.org". Archived from the original on 2015-05-11.
  22. ↑ "PEManagers – Tomasz Czechowicz". www.privateequitymanagers.pl. Retrieved 2017-11-27.
  23. 1 2 "Tomasz Czechowicz | najnowsze informacje, komentarze, opinie". CEO Magazyn Polska (in Polish). Retrieved 2017-11-27.
  24. ↑ "The Entrepreneur Awards of the Year | Un site utilisant WordPress". theentrepreneurawards.net (in French). Retrieved 2017-11-27.
  25. ↑ Pasławski, Krzysztof. "Szefowie spółek IT wśród „Top Menedżerów 2015 roku"". www.crn.pl (in Polish). Retrieved 2017-11-27.
  26. ↑ "Tomasz Czechowicz" (in Polish). 2013-02-21. Retrieved 2017-11-27.
  27. ↑ "Tomasz Czechowicz" (in Polish). 2011-03-07. Retrieved 2017-11-27.
  28. ↑ "2016" (in Polish). 2017-06-27. Retrieved 2017-11-27.
  29. ↑ "100 Najbogatszych Polaków 2014". Rankingi Wprost (in Polish). Retrieved 2017-11-27.
  30. ↑ "100 Najbogatszych Polaków 2015". Rankingi Wprost (in Polish). Retrieved 2017-11-27.
  31. ↑ "100 Najbogatszych Polaków 2016". Rankingi Wprost (in Polish). Retrieved 2017-11-27.
  32. ↑ "100 Najbogatszych Polaków 2017". Rankingi Wprost (in Polish). Retrieved 2017-11-27.
  33. ↑ "Winners announced at the inaugural CEE Merger and Acquisitions (M&A) Awards". CEE Mergers & Acquisitions (M&A) Awards. Retrieved 3 August 2018.
  34. ↑ "Another edition of the prestigious "Investment Forum & Private Equity Awards Gala" conference, bringing together the leaders of investment markets, will take place on June 6 at the Westin hotel in Warsaw". www.executive-club.com.pl. Retrieved 2017-11-27.
  35. ↑ "Znamy Przedsiębiorcę Roku "Forbesa"". Forbes.pl (in Polish). Retrieved 2022-09-20.
  36. ↑ "Tomasz Czechowicz: Dyktator z laptopem" (in Polish). Retrieved 2017-11-27.
This page is based on this Wikipedia article
Text is available under the CC BY-SA 4.0 license; additional terms may apply.
Images, videos and audio are available under their respective licenses.