Avallon MBO is a pioneer of the management buyout (MBO) market in Poland and, for 25 years, has remained true to its core principles—turning managers into entrepreneurs. This is underpinned by unique experience gained from over 150 transactions executed in partnership with management teams.
Since its inception, the fund has invested more than PLN 1 billion in the development of its portfolio companies, supporting their operational growth, international expansion, and transformation processes. On average, Avallon’s portfolio companies double their revenue and EBITDA during the investment period. Avallon has co‑created the market success of brands such as VELVET Care, Good Food, and Wosana, and was also behind one of the most successful acquisitions of a Polish company in the German market—the medical company Meyra.
Today, Avallon ranks among the leading private equity funds in Poland. It is one of the few domestic firms to have completed at least three full investment fund cycles and is currently preparing to launch another. Its objective is to actively support the transformation of the Polish economy by implementing modern technological solutions in traditional sectors.
Over the years, the fund’s team has built a broad and lasting network of relationships, collaborating with more than 10,000 leading Polish managers and entrepreneurs and analyzing approximately 5,000 investment opportunities.
A quarter‑century of Avallon MBO’s operations also reflects the maturation of the MBO market in Poland—from early transactions, conducted in an environment of limited capital access and a short tradition of private investment, to a fully developed market segment where MBOs have become a key tool for succession, management professionalization, and accelerating the growth of domestic businesses.
Today, Avallon belongs to a select group of private equity funds in Poland with at least three full fund cycles completed. The team is currently launching a fourth one —which is going to be significantly larger in scale and open to a new category of investors, including family foundations.
Avallon was a pioneer of the MBO model in Poland and is now the undisputed leader in this segment. The fund has played a significant role in popularizing management buyouts as an effective tool for business development and promoting entrepreneurship in Poland.
The fund is an active investor focused on growth and long‑term value creation. It invests in strong companies with a clear ambition—to transform them into best‑in-class businesses. To date, Avallon has invested over PLN 1 billion to support management buyouts and the growth of mid‑sized companies in Poland. Portfolio companies have additionally allocated nearly PLN 1 billion in capital expenditures (CAPEX) for development and modernization, while average employment growth during the investment period has reached approximately 20%. On average, companies double their revenue and EBITDA during the fund’s investment horizon.
Avallon invests across a range of sectors, building a diversified portfolio of successful projects. Its key areas include consumer goods (VELVET, GOOD FOOD, Wiejska Zagroda), healthcare (MEDORT), services (MPS, STANGL TECHNIK), as well as technology (Marketplanet, Globema) and engineering (Bipromet).
The fund has developed extensive sector expertise, further strengthened by its collaboration model with experienced managers and founders who bring deep knowledge of their companies and industries. Over 25 years, the team has established relationships with more than 10,000 top managers, and approximately 5,000 investment projects have gone through its analytical process. In the coming years, the MBO segment in Poland is expected to gain further importance driven by succession challenges, ongoing industry consolidation, and increasing pressure for technological transformation.
“25 years of Avallon is not only the story of the development of the MBO market, but also our active contribution to building Polish capital and strengthening the domestic economy. Ahead of us are further challenges—supporting the technological and business transformation of private companies established in the 1990s, as well as their international expansion. Today, private equity funds possess significant intellectual capital derived from transactional and operational experience, as well as extensive networks. Increasingly, they serve as an effective mechanism for allocating capital to companies with the highest growth potential,” says Tomasz Stamirowski, Managing Partner at Avallon MBO.
“We are often described as a ‘fund with a human face.’ From the very beginning, we have placed great emphasis on ethics, trust, and values such as commitment, integrity, and professionalism. For us, business is not only about capital, but also about long‑term, mutually beneficial relationships. This may explain why many of our transactions are carried out not only with managers, but also with founders or their successors,” says Robert Więcławski, Senior Partner at Avallon MBO.
In the near term, Avallon plans to launch its fourth fund—significantly larger than its previous investment vehicles. The new fund will enable further scaling of operations and the execution of additional ambitious development projects within Polish enterprises, with a focus on building strong, competitive companies and supporting the long‑term growth of the Polish economy.
