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Mid Europa Completes Acquisition of Majority Stake in Displate
07 December 2020
Mid Europa Partners, the leading private equity investor in
Central and Eastern Europe, announced today that it has completed
the acquisition of a majority stake in GWD Concept Sp z o.o.
("Displate" or the "Company"), from the Founders, Credo Ventures
and Miton Capital. The transaction was financed by the leading
Polish bank, Bank Pekao.
Displate is a leading online metal prints marketplace that
connects more than 40,000 visual creators and more than 30 licensed
brands to a customer base of enthusiasts in more than 50 countries.
The Company is active in a number of verticals including gaming,
movies, anime, music, travel and sport. The platform has over 1.4
million artist-generated designs which it prints on high-quality
metal plates. The Company was founded in 2013 by Karol
Banaszkiewicz, Edward Ruszczyc and Jacek Swigost, who remain
significant minority shareholders of the business.
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