Avallon MBO raises €171.5M in first close of fourth buy-out fund
What's the deal? Polish private equity firm Avallon MBODealroom has a profile for this one. Try Dealroom → has completed the first closing of Avallon MBO IV, raising €171.5 million. The fund targets management buy-outs at companies in Poland and the wider Central and Eastern European region.
The details: Avallon MBO IV will invest alongside managers and founders of family businesses, targeting companies with turnover of €20–100 million. Its first transaction is a recently announced investment in cosmetics maker InglotDealroom has a profile for this one. Try Dealroom →.
Why now? The target size may rise to €260 million as fundraising continues, with larger Polish family foundations able to invest in the next stage. The firm said it is drawing on both institutional and private investors, including domestic family offices and family foundations.
What's the endgame? Each Avallon fund has been bigger than the last. Its first raised €50 million, the second more than €109 million, and Avallon MBO III closed in 2021 at €137 million, backing eight companies.
The signal: Over more than 25 years, Avallon has invested over US$250M (€250 million) in Polish companies. The new fund reflects growing appetite among family offices and foundations for long-term private equity exposure in the region.
Read more: biznes.pap.pl
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