Enterprise Investors hires investment bank to assess options for Profi

Newsroom 24/05/2016 | 17:24

Polish private equity fund Enterprise Investors is currently exploring all the strategic options it has for retailer Profit, which it acquired in 2011.

The fund has hired Citi Corporate and Investment Banking to assess the current market situation and potential scenarios for the company’s future development.

EI took over Profi 2009 for EUR 66 million and injected another EUR 10 million in the retailer in 2011. The company controlled 67 stores at the moment of the acquisition and in this year it should reach 500.

In 2015, Profi’s revenues amounted to EUR 565 million. The retailer currently employs close to 10,000 people.

EI has raised eight funds with total capital exceeding EUR 2 billion. These funds have invested EUR 1.7 billion in 136 companies across a range of sectors and exited 112 companies with total gross proceeds of EUR 2.3 billion.

Profi is owned by Polish Enterprise Fund VI.

Ovidiu Posirca

BR Magazine | Latest Issue

Download PDF or read online: November 2022 Issue | Business Review Magazine

The November 2022 issue of Business Review Magazine is now available in digital format, featuring the main cover story titled “Samsung Remains Top Consumer Tech Provider on Romanian Market.” Read
Newsroom | 29/11/2022 | 10:17

    You will receive a download link for the latest issue of Business Review Magazine in PDF format, based on the completion of the form below.

    I agree with the Privacy policy of business-review.eu
    I agree with the storage and handling of my data by business-review.eu
    Advertisement Advertisement
    Close ×

    We use cookies for keeping our website reliable and secure, personalising content and ads, providing social media features and to analyse how our website is used.

    Accept & continue