Financial advisory for Bridgepoint, the leading shareholder of Smyk S.A. in a management buyout by a consortium of investors 3 May 2024
FIDEA acted as financial advisor to Bridgepoint in a management buyout of Smyk S.A. – a leader in the Polish children’s and young family products market and a leading player in Romania and Ukraine.
Smyk operates in an omnichannel model, managing an extensive network of approximately 280 specialty stationary stores, as well as a rapidly growing e-commerce platform, available through both a website and a mobile application.
Smyk owns recognizable private brands: CoolClub, offering children’s clothing, and Smiki, specializing in toys and accessories. The company is also well established internationally, working with a network of partner stores in more than 20 countries in Europe and Asia.
The management buyout transaction of Smyk S.A. was carried out by a consortium of investors including Mr. Michal Grom, CEO of Smyk Group, Mr. Maciej Zużałek and the Accession Capital Partners fund. The consortium acquired 100% of the Company’s shares from the Bridgepoint fund, which had owned Smyk since 2016, when it had acquired it from Empik Group.