Resource Partners with two PSIK 2022 awards
Resource Partners was recognized as Private Equity House of the Year for 2022 at PSIK, the Polish Private Equity & Venture Capital Association awards gala on September 19, 2022. Resource Partners made five investments in the evaluated period and executed two exits from Fund II: from Maczfit and Maced, achieving in both cases above 70% IRR, as well as an exit from Fund I investment in Golpasz. Piotr Noceń – Managing Partner at Resource Partners, was honoured with a Person of the Year award for leading a successful transaction in Maczfit, and 2 new portfolio investments.
RP holds first closing of its third fund with a target size of €200m.
On 30th June 2022, Resource Partners, a leading consumer-focused private equity group in Central and Eastern Europe, has confirmed the first closing of its third fund. Resource Eastern European Partners III SCA SICAV-RAIF has a target size of EUR 200 million. The first investment of the newly established vehicle will be Deeper UAB, a global leader in the castable sonar market that is supported by Resource Partners since mid-2021.
Resource Partners exits World Class Romania
On April 15th 2022, Vectr Fitness (part of African Industries Group, a group of privately held companies), and Resource Partners, the majority shareholder of World Class Romania, announced the execution of a transaction incorporating the company under Vectr Fitness structure. Upon completion of the transaction Resource Partners will fully exit the Company, while the management team led by Kent Orrgren, the CEO, will continue to run World Class Romania and stay as minority shareholders.
Assisi Pet Care acquires Maced
Resource Partners exits Maced to Assisi Pet Care Ltd realizing 80% IRR over the two years holding period. On February 10th 2022, Assisi Pet Care Ltd, a UK-based investment company of Harwood Capital and Peter Mangion, and the owners of Maced, the leader on meat-based dog snacks market, announced the execution of a transaction incorporating Maced under Assisi’s structure. Whereas Resource Partners fully exits the Company, Tomasz Macionga, the CEO and son of the founder, will continue as Maced’s CEO and Assisi’s shareholder.
