We are pleased to announce that we advised a fund of MCI Capital on a transaction involving the acquisition of a majority stake in Webcon sp. z o.o. (“Webcon”), a leading Polish low-code software developer. As a result of the transaction, MCI Capital will be able to contribute to the foreign expansion and further development of Webcon to support it in becoming a market leader at least on a European scale, while expanding its portfolio of B2B companies offering proprietary software.
MCI Capital is a leading Digital & ClimaTech private equity fund in Central and Eastern Europe. It specialises in digital transformation services involving investments in pure play internet models (pure players), companies transferring their business model from a traditional model to a digital economy model and companies operating in the internet infrastructure development market. It has over EUR 500 million in assets under management.
Webcon is the largest Polish producer of Enterprise Low-Code Application Platform software and a leader among electronic document workflow system providers in Poland, focusing on the digitisation of internal processes in organisations.
“We are pleased to have been able to support our client in this interesting transaction in the Polish technology market. MCI’s investment will certainly constitute important support for the further scaling of Webcon’s business both in Poland and abroad. We would like to thank Michał, Filip and the entire MCI team for their trust and congratulate all of the parties involved”, says Paweł Zdort, managing partner of Rymarz Zdort Maruta.
The transaction team consisted of Paweł Zdort (managing partner) and Szymon Rutecki (associate).