Transaction

Transaction Details

Closed
November 30, 2020

Sector

Consumer / Retail / E-commerce / Leisure, E-commerce

Deal Type

Mergers and Acquisitions

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GCA Advises Displate on the Sale of a Majority Stake to Mid Europa Partners

GCA acted as exclusive financial advisor to the founders and shareholders of GWD Concept Sp z o.o. (“Displate”), one of the leading Polish online D2C businesses with global reach and exponential growth, on their sale of a majority stake to Mid Europa Partners.

Headquartered in Warsaw, Displate is the leading online marketplace for high quality metal posters and has created its own mass market by connecting more than 40,000 visual creators and over 30 licensed brands with a global customer base of enthusiasts in more than 50 countries. Displate offers enthusiasts a portfolio of 1.4 million designs in various verticals including gaming, movies, anime, music, travel and sports, addressing its customers primarily via social media channels. Displate was founded in 2013 by Karol Banaszkiewicz, Edward Ruszczyc and Jacek Swigost, who remain significant minority shareholders of the business.

Karol Banaszkiewicz, CEO and a co-founder of Displate, commented: “Having witnessed the business increase its revenues more than five-fold in the last two years, I look forward to working with Mid Europa and seeing Displate benefit from access to their resources and extensive e-commerce experience as we continue our global expansion.”

Pawel Padusinski, Partner and Co-Head of Mid Europa Partners’ Warsaw Office, said: “We continue to be impressed by Displate’s ability to expand its successful platform globally, while executing a focused strategy centered around product excellence, content curation and marketing efficiency.”

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