Subscribe to our Newsletter to increase your edge. Don’t worry about the news anymore, through our newsletter you’ll receive weekly access to what is happening. Join 120,000 other PE professionals today.
Jakub Chechelski, Investment Director at ACP responsible for the investment, adds: “Both companies benefit from strong tailwinds in their respective segments. Poland is expected to follow the footsteps of Western European markets as regards property valuation, where widespread use of algorithms enables the banks to drastically cut the time of mortgage approval processes, as well as more accurately appraise the value of mortgage collateral in their existing portfolios. Infrastructure, in turn, will see massive investments in power generation and power grid over the coming decade – and Inplus has the toolset to support investors in delivering those investments, on time and within budget.”
Łukasz Złakowski, CEO and lead shareholder in the Group, says: “My team and I look forward to accelerating our development with the funding and expertise of our new long-term partner. Already at the forefront of real estate digitalization, we intend to invest further in the quality and depth of our offering as we make a step change in our organisation.”
Marian Owerko, Founder and CEO of Uno Capital, an exiting shareholder, says: “I would like to express my gratitude for Łukasz Złakowski and Adam Sobczak for their contribution in the development of the group and for introducing the concept of automatic property valuation to the Polish market. Also I would like to congratulate ACP, Przemek and Jakub in particular, on the new investment and acknowledge smooth execution of the deal. I trust ACP is the right partner for the group for the next stage of their expansion”.
Source: Private Equity Wire
Can’t stop reading? Read more
Rothschild’s buyout fund tests appetite for $1.5bn software firm A2Mac1
Rothschild's private equity arm is sounding out prospective bidders to launch the sale of a...
U.S., European banks could lose over $5bn from risky buyout loans
Major U.S. and European banks are facing tougher times in the riskiest parts of the loan market....
HR tech player HiBob hits $2.45bn valuation through new Series D round with investors including General Atlantic
HR tech developer HiBob has reached a $2.45bn valuation after investors including General Atlantic...