27.04.2025
Avallon MBO Launches New Fund Aiming to Raise EUR 220–260 Million for Investments with Managers
Zespół sześciu profesjonalistów na kanapie
From the left: top – Krzysztof Kuźbik, bottom Piotr Miller, Agnieszka Pakulska, top Marcin Konarski, bottom Robert Więcławski, from the right Tomasz Stamirowski – Managing Partner with Avallon MBO Partners

Contact for media

Joanna Wiśniewska
Marketing and PR Manager j.wisniewska@avallon.pl

PR Agency

Hagen PR
Wojciech Dziewit
wojtek@hagen.pl

With all formal approvals secured, Avallon has entered its new phase work — Avallon MBO Fund IV —targeting a size between €220 million to €260 million. Avallon MBO IV will continue the successful strategy of its predecessors, focusingon management buyouts (MBOs) and continuing its close partnerships with top‑tier management teams. The fund retains a local investment approach, concentrating on Poland and the broader Central and Eastern European region — a clear advantage for investors amid current global market volatility.

Avallon MBO brings over 25 years of experience in the management buyout space, having participated in more than 100 transactions. It is a market leader in MBO deals in Poland and one of only three private equity firms in the country to have successfully launched at least four investment vehicles. Over the years, Avallon has built a strong network among Poland’s top managers and private business owners.

The fund’s strong local positioning is a strategic asset in today’s uncertain global environment, where companies increasingly seek stable, long‑term partners who can support sound decision‑making and offer access to capital.

— The shift away from globalization is becoming a reality. As a locally rooted fund, we see this as an opportunity. We’re supported by favorable market trends, succession challenges, and companies actively seeking partners to help navigate market changes such as digital transformation. We are a long‑term investor — something that is critical for many management teams looking for a partner to grow their businesses – says Tomasz Stamirowski, Managing Partner at Avallon.

Avallon’s investment team is one of the largest in Poland, consisting of 14 professionals backed by a dedicated five‑person operations team.

Private equity funds continue to deliver strong returns to investors, regardless of broader market conditions. Last year, Avallon successfully completed its exits from Avallon II, having deliverd a yearly net return of 17% to its investors.

— Each fund closing further validates the strength of our team and our consistent MBO‑focused strategy. The trust of our investors and management partners remains our most valuable asset – adds Stamirowski.

A Flexible Investment Approach

Avallon’s investment strategy and operational model allow the firm to quickly adapt to changing market conditions, effectively minimizing risk. By partnering with managers who possess deep industry knowledge enables the fund to identify both emerging and long‑term trends in key sectors. The fund focuses on high‑growth potential industries, such as new technologies, FMCG, and manufacturing.

— Our core belief is that we take good companies and make them even better. We are proud that what we do contributes to the growth of not only the Polish but also the European economy. We help our portfolio companies compete in a rapidly evolving environment and seize opportunities to strengthen their market positions – says Stamirowski.

Plans to Expand the Investor Base

While Avallon is receiving a strong positive response from its existing investor base, the increasing scale of the fund has prompted a broader outreach to new investors. This includes, among others, family foundations, with whom discussions are already underway. The minimum commitment per investor is at €5 million.

The fund targets an average investment size of approximately €20 million. Including debt and co‑investment options, this enables Avallon to execute not only mid‑sized but also larger transactions.

— In today’s fragmented and uncertain environment, we are seeing a significant increase in high‑potential opportunities and a growing demand among private business owners seeking partners who provide not just capital, but also hands‑on support in achieving the next phase of growth — says Agnieszka Pakulska, Partner at Avallon

With all formal approvals secured, Avallon has entered its new phase work — Avallon MBO Fund IV —targeting a size between €220 million to €260 million. Avallon MBO IV will continue the successful strategy of its predecessors, focusingon management buyouts (MBOs) and continuing its close partnerships with top‑tier management teams. The fund retains a local investment approach, concentrating on Poland and the broader Central and Eastern European region — a clear advantage for investors amid current global market volatility.

Avallon MBO brings over 25 years of experience in the management buyout space, having participated in more than 100 transactions. It is a market leader in MBO deals in Poland and one of only three private equity firms in the country to have successfully launched at least four investment vehicles. Over the years, Avallon has built a strong network among Poland’s top managers and private business owners.

The fund’s strong local positioning is a strategic asset in today’s uncertain global environment, where companies increasingly seek stable, long‑term partners who can support sound decision‑making and offer access to capital.

— The shift away from globalization is becoming a reality. As a locally rooted fund, we see this as an opportunity. We’re supported by favorable market trends, succession challenges, and companies actively seeking partners to help navigate market changes such as digital transformation. We are a long‑term investor — something that is critical for many management teams looking for a partner to grow their businesses – says Tomasz Stamirowski, Managing Partner at Avallon.

Avallon’s investment team is one of the largest in Poland, consisting of 14 professionals backed by a dedicated five‑person operations team.

Private equity funds continue to deliver strong returns to investors, regardless of broader market conditions. Last year, Avallon successfully completed its exits from Avallon II, having deliverd a yearly net return of 17% to its investors.

— Each fund closing further validates the strength of our team and our consistent MBO‑focused strategy. The trust of our investors and management partners remains our most valuable asset – adds Stamirowski.

A Flexible Investment Approach

Avallon’s investment strategy and operational model allow the firm to quickly adapt to changing market conditions, effectively minimizing risk. By partnering with managers who possess deep industry knowledge enables the fund to identify both emerging and long‑term trends in key sectors. The fund focuses on high‑growth potential industries, such as new technologies, FMCG, and manufacturing.

— Our core belief is that we take good companies and make them even better. We are proud that what we do contributes to the growth of not only the Polish but also the European economy. We help our portfolio companies compete in a rapidly evolving environment and seize opportunities to strengthen their market positions – says Stamirowski.

Plans to Expand the Investor Base

While Avallon is receiving a strong positive response from its existing investor base, the increasing scale of the fund has prompted a broader outreach to new investors. This includes, among others, family foundations, with whom discussions are already underway. The minimum commitment per investor is at €5 million.

The fund targets an average investment size of approximately €20 million. Including debt and co‑investment options, this enables Avallon to execute not only mid‑sized but also larger transactions.

— In today’s fragmented and uncertain environment, we are seeing a significant increase in high‑potential opportunities and a growing demand among private business owners seeking partners who provide not just capital, but also hands‑on support in achieving the next phase of growth — says Agnieszka Pakulska, Partner at Avallon

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