Investment Intelligence provides up-to-date private equity information and news designed for entrepreneurs, private equity investors and corporate acquirors interested in Central & Eastern Europe.

Enterprise Investors exits Magellan in an IPO

Posted Thu, 27/09/2007 - 00:00

Enterprise Investors has partially exited its stake in Magellan in an IPO on the Warsaw Stock Exchange.

Magellan S.A. (www.magellan.pl)
Active since 1999, Magellan is a leading player in the Polish market of financial services for medical institutions and their suppliers. It offers customized solutions, including financing of receivables, refinancing of liabilities, loans, guarantees, factoring, instalment schemes, lease and non-standard projects.

Magellan has a diversified customer base with more than 600 customers: hospitals and their suppliers, including foreign multinationals.

Enterprise Investors (www.ei.com.pl)
Enterprise Investors has been active since 1990 and is one of the largest private equity firms in Central and Eastern Europe.

Magellan’s IPO is the 25th initial public offering of an Enterprise Investor portfolio company. Proceeds from all public market exits to date total € 566 million.