MidEuropa Completes Acquisition of Majority Stake in Displate

December 7, 2020

MidEuropa, 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., 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.