
Joanna Wiśniewska
Marketing and PR Manager j.wisniewska@avallon.pl
Hagen PR
Wojciech Dziewit
wojtek@hagen.pl
The editor of Puls Biznesu, Marcel Zatoński, has analyzed the situation on the market of mergers and acquisitions and observes that the last 12 months have been very busy in this field. Experts who are being cited in this article predict that succession transactions may potentially experience another booming season in the coming months. The fact that there are a lot of companies in the portfolios of private equity funds for which the investment horizon is coming to an end will also foster and contribute to the increase in the number of transactions.
Tomasz Stamirowski, managing partner at Avallon MBO, was also asked to comment on the situation:
– Transactional activity will be correlated mainly with the supply of projects and the question of divergence of sellers and buyers in relation to the valuation. The market will most likely observe a collision of several trends, influencing both of these issues in different ways. There should be a strong supply of growth projects all the time, especially coming from the beneficiary sectors of the current situation, although we can already see much bigger caution in buyers’ approach to valuations. One can expect a large number of consolidation projects carried out by leaders of individual industries. This will be related to the deterioration of the situation and prospects of smaller entities, which often have serious problems with translating cost increases into higher prices – says Tomasz Stamirowski
– In the field of buyouts, the supply of transactions has always decreased with a significantly unstable market. The current operational problems on top of the covid situation are highly absorbing therefore some companies are unable to continue conducting sales processes, or have problems with presenting reliable declarations, which always prolongs negotiations. On the other hand, restructuring projects appear and with them grows a number of entrepreneurs who find themselves tired of running their businesses, of lack of stability, the number of new rules and regulations, and of tax changes – he adds.
You will find the full article followed by a commentary under the link here: https://bit.ly/3FCQURF
We encourage you to read it!
The editor of Puls Biznesu, Marcel Zatoński, has analyzed the situation on the market of mergers and acquisitions and observes that the last 12 months have been very busy in this field. Experts who are being cited in this article predict that succession transactions may potentially experience another booming season in the coming months. The fact that there are a lot of companies in the portfolios of private equity funds for which the investment horizon is coming to an end will also foster and contribute to the increase in the number of transactions.
Tomasz Stamirowski, managing partner at Avallon MBO, was also asked to comment on the situation:
– Transactional activity will be correlated mainly with the supply of projects and the question of divergence of sellers and buyers in relation to the valuation. The market will most likely observe a collision of several trends, influencing both of these issues in different ways. There should be a strong supply of growth projects all the time, especially coming from the beneficiary sectors of the current situation, although we can already see much bigger caution in buyers’ approach to valuations. One can expect a large number of consolidation projects carried out by leaders of individual industries. This will be related to the deterioration of the situation and prospects of smaller entities, which often have serious problems with translating cost increases into higher prices – says Tomasz Stamirowski
– In the field of buyouts, the supply of transactions has always decreased with a significantly unstable market. The current operational problems on top of the covid situation are highly absorbing therefore some companies are unable to continue conducting sales processes, or have problems with presenting reliable declarations, which always prolongs negotiations. On the other hand, restructuring projects appear and with them grows a number of entrepreneurs who find themselves tired of running their businesses, of lack of stability, the number of new rules and regulations, and of tax changes – he adds.
You will find the full article followed by a commentary under the link here: https://bit.ly/3FCQURF
We encourage you to read it!
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2.04.2026 READ MORES’portofino Strengthens Its Premium Market Position with Urszula Radwańska as Brand AmbassadorS’portofino, an Avallon MBO portfolio company, continues to strengthen its position in the premium fashion and sport segment by combining the world of sport with top-quality fashion.
Urszula Radwańska, a renowned Polish tennis player, has now joined the brand’s group of ambassadors. Her international court experience, determination and strong sense of style naturally align with S’portofino’s DNA. This marks another step in building a strong, aspirational lifestyle brand rooted in authenticity and consistent values.
On this occasion, the company has also announced a new initiative — Tennis Camp Ula Radwańska by S’portofino, which will take place on 20–26 April in Marbella, Spain. The camp offers a unique opportunity to develop tennis skills under the guidance of internationally experienced professionals, in small groups, with an individual approach and in an inspiring, premium environment that creates a distinctive sporting experience.
We encourage interested participants to register. Enrollment is open only until 5 April.
https://tenniscamp-uradwanska.pl/ -
1.04.2026 READ MOREAvallon MBO Supports the Development of Young Talent in PE/VCAvallon MBO supported the 4th edition of the Practical Private Equity & Venture Capital Course, co-organized by the Polish Private Equity & Venture Capital Association (PSIK) and Level 20. This year’s edition was partnered by the Warsaw Stock Exchange Foundation.
The course is a unique educational initiative aimed at students, providing access to practical knowledge about the private equity and venture capital market through a series of workshops led by experienced fund managers.
As part of the program, Agnieszka Pakulska and Marcin Konarski represented Avallon MBO, sharing their experience in investment project analysis, cooperation with management teams, and building company value during the investment process.
An important element of this year’s edition was also the involvement of Level 20 – an initiative supporting the development of women in the private equity industry, co-founded by Agnieszka Pakulska.
From Avallon MBO’s perspective, the opportunity for direct interaction with course participants and observing the high level of engagement and interest in the PE/VC market among the younger generation was particularly valuable. Participation in the program provides students with a meaningful opportunity to gain practical knowledge and better understand the specifics of the private equity and venture capital market.
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10.03.2026 READ MOREAvallon Employees’ Kids on the Pitch – Supporting the Widzew AcademyDuring the match between Widzew Łódź and Lech Poznań, the children of Avallon employees and their friends took part in a special pre-match ceremony, escorting the players of both teams onto the pitch.
Before the first whistle, the youngest participants, together with girls from the Widzew Academy, stepped onto the field alongside the players, accompanying them during their entrance to the stadium. For the children, it was a truly special moment and an unforgettable experience that will surely stay with them for a long time.
The match delivered plenty of sporting excitement for the fans and ended with a 2:1 victory for Widzew Łódź over Lech Poznań.
We are proud to support the development of young athletes as a partner of the Widzew Academy and to create opportunities for such memorable football moments.
Congratulations to the Widzew team on a great result, and thank you for the opportunity to be part of this special event. -
3.03.2026 READ MOREAgnieszka Pakulska Named Among Forbes Women Poland’s 25 Top InvestorsWe are proud to announce that Agnieszka Pakulska, Partner at Avallon MBO, has been recognized in the prestigious Forbes Women Poland 25 Top Investors list.
Agnieszka is the author of key transactions and co-creator of projects that consistently enhance the value of portfolio companies. She combines investment discipline with a long-term approach to developing businesses and teams, while actively promoting the presence of women in private equity, including as a co-founder of the Level20 initiative.
At Avallon MBO, diversity and professionalism are integral to our teams. We believe that teams combining different experiences make better decisions and create lasting value.
Congratulations to Agnieszka and all the distinguished investors!
https://www.forbes.pl/forbeswomen/lista-forbes-women-25-top-inwestorek/2fs54v0 -
24.02.2026 READ MOREPolmlek Acquires Kampol-Fruit. A Sensible Move in a Demanding SegmentTomasz Stamirowski, Managing Partner at Avallon MBO, was asked by the editors of PortalSpozywczy.pl to provide expert commentary on Polmlek’s acquisition of the fruit and vegetable processing plants of Kampol-Fruit in Milejów.
In his analysis, he indicates that the transaction should be viewed as a rational strengthening of the group rather than a strategic breakthrough in the frozen foods segment. The scale of the acquisition remains small relative to Polmlek’s overall operations – Kampol’s sales accounted for approximately 1% of the group’s revenues, which exceeded PLN 5.3 billion in 2024. The Polish fruit and vegetable frozen foods market itself, valued at around PLN 1 billion, is highly competitive and dominated by several large players.
According to Tomasz Stamirowski, the key aspect of the transaction is the strengthening of the juice segment and the Fortuna brand, as well as the attractive acquisition of modern assets purchased at a discount through bankruptcy proceedings. The potential to leverage Polmlek’s experience in working with farmers and contracting raw materials in the fruit and vegetable segment may also prove significant.
If the integration process proves successful, the acquisition could represent the first step toward broader involvement by Polmlek in fruit and vegetable processing – a sector whose potential, including export opportunities, remains largely untapped.
We encourage you to read the full commentary:
Expert Assesses Polmlek’s Latest Acquisition: “A Sensible Strengthening of the Group.”



