Bridgepoint-backed Smyk files IPO prospectus

The filing was posted on the Polish regulator's website on 10 August, indicating the issue prospectus was filed on 24 July.

No final decision about a public offering, its structure or timing has yet been taken, a Bridgepoint spokesperson told Unquote.

The GP acquired Smyk in a €247m deal from former owner Empik Media & Fashion in January 2016. The company has a network of 179 specialised stores in Poland, Romania and Ukraine.

According to Unquote sister publication Debtwire, Pekao provided a €100m senior debt package, a €68.28m rolling credit facility and a €11.38m capex facility for the transaction. As part of the deal, Cornerstone Partners of Poland took a minority stake in the company.

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• Topics
• Exits
• CEE
• Consumer
• Poland
• Bridgepoint
• Cornerstone Capital AG
• IPO