Keep a meaningful role
Where appropriate, founders and family members can remain involved through management, board or advisory responsibilities.
REGENATE CAPITAL PARTNERS · PRIVATE EQUITY
Building value. Beyond generations.
We partner with founders and family owners to preserve what made their business successful and help unlock the next chapter of growth, succession and transformation.
Discover Regenate↗WARSAW · CENTRAL EUROPE · DACHSCROLL TO EXPLORE
THE FIRM
Capital is only the beginning.
Regenate Capital Partners is an independent private equity firm based in Warsaw, created to support established entrepreneurial and family-owned businesses at defining moments of succession, transformation and growth.
We combine capital, investment discipline and hands-on operational support with a human-centric approach to value creation. We work with owners, families and management teams to professionalise organisations, strengthen leadership and build durable companies for the next generation.
Our investment philosophy↗€20–40mIndicative equity investment size
Poland + CEEPoland-first; selectively wider CEE and DACH
€200m+Target fund size
Up to 7 yrsTarget maximum investment holding period
Our focus is the European mid-market, with Poland and Central Europe at the core and selective opportunities across the DACH region. We look for businesses where trust, legacy and long-term ambition can meet practical execution.
OUR CONVICTION
The most compelling opportunities emerge where generational change meets structural transformation.
WHAT WE DO
Investing in the forces reshaping Europe.
We focus on businesses positioned to benefit from durable trends, where active ownership can make a measurable difference.
01 / INVESTMENT THEME
Energy Transition
Efficiency, electrification and resilient energy infrastructure.
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02 / INVESTMENT THEME
Connected Systems
Digital infrastructure, data systems and next-generation mobility.
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03 / INVESTMENT THEME
Advanced Manufacturing
Industrials with specialised capabilities and room for operational transformation.
↗OUR APPROACH
Partnership. Transformation. Lasting value.
We believe real alpha is created through people, strategy and disciplined operational transformation, not capital alone.
01
Founder and family partnership
Respect for the legacy, ambition for the future.
02
Active ownership
Operational engagement, aligned leadership and disciplined execution.
03
Long-term orientation
Decisions built for durable competitive advantage.
FOR FOUNDERS & FAMILIES
What you have built deserves a thoughtful next chapter.
Choosing a new shareholder or steward is about far more than a transaction. It is a decision about your people, your family, your reputation and the future of something deeply personal.
Regenate works alongside founders and families through succession, ownership transitions and growth. We aim to protect the strengths of the business while helping leadership teams solve the practical problems that stand between today and the next stage of development.
Share in future growth
Retained family ownership may allow founders to participate alongside Regenate in the business's next stage.
Plan a full handover
We can structure a full sale and an orderly leadership transition, with respect for the company's culture and relationships.
Explore future repurchase
In suitable circumstances, structures may include an agreed option for the founder or family to repurchase the business.
Any transaction structure is subject to agreement, diligence, financing and applicable approvals.
OUR PROMISE TO FOUNDERS
Trust comes before a transaction. We seek to preserve the culture, relationships and know-how that made your business successful, while helping it grow.
OUR INVESTMENT PROFILE
Established businesses. Ambitious next chapters.
We look for quality companies with defensible market positions, strong know-how and real opportunities for lasting operational improvement.
ENTERPRISE VALUE€50–100mIndicative target business size
ANNUAL SALES€20m+Typically at least
EBITDA€2m+Typically at least
EQUITY INVESTMENT€20–40mTypical ticket, including deal-by-deal partnerships
Businesses we seek
Founder- and family-owned companies, often leaders in their niche, with durable customer relationships and strong technical or operational know-how.
Situations we support
Succession and leadership change, expansion, digitalisation, operational transformation and renewed stability after a turnaround.
Ownership approach
Control-oriented investments and, selectively, significant minority interests with clear governance rights. Poland first, with selective wider CEE and DACH opportunities.
OUR MARKETS
Local understanding. European perspective.
CENTRAL & EASTERN EUROPE
Poland and CEE
A dynamic industrial and entrepreneurial ecosystem, with growing opportunities in succession, consolidation and professionalisation.
DACH REGION
Germany and DACH
An established Mittelstand and deep industrial expertise confronting generational, digital and energy transitions.
OUR PEOPLE
Investment experience. Operational perspective.
A multidisciplinary team bringing together private equity, corporate finance, leadership and hands-on transformation expertise.
Meet the people behind Regenate. Explore the team and their investment, finance and operational experience.
MK
01
Maciej Kowalski
Managing Partner · Chair of the Investment Committee
20+ years of investment experience. Former Fund Manager at a leading CEE technology buyout fund (EUR 600m AUM, evergreen); 30% IRR over 10 years.
02
Investment team member
Capital Structures Lead · IC Member
20+ years of experience in complex financing transactions, sustainability-linked financing and debt restructurings.
PENDINGKP
03
Konrad Pyrz
Partner · Finance and Operations · IC Member
20+ years of CFO experience at PE-backed companies across CEE and DACH, including financing structures exceeding EUR 2bn.
SM
04
Steven Matthew
Director · Sustainability and Investor Relations
20+ years of executive and clean-tech experience in Europe and Asia, spanning energy storage, waste management and water treatment. Qualified lawyer and engineer.
WL
05
Wyatt Laikind
Director · Investment and Value Creation
15+ years in private equity, alternative assets and credit markets, including deal sourcing, due diligence and transaction execution.
06
Investment team member
Investment and Value Creation
7+ years of European growth and buyout investing experience and top-tier strategy consulting.
PENDINGSELECTED TEAM EXPERIENCE
Selected Experience
Our team has invested in, financed and helped transform businesses across technology, infrastructure, consumer markets and industry. These selected examples reflect experience gained before Regenate.
| Business | Geography | Sector | Investment / role | Stage | Gross MOIC | Experience and value creation |
|---|---|---|---|---|---|---|
| ATM / Atman | Poland | Data centres | 2016–2020 | Buyout | 3.3× | Data-centre transformation, hyperscaler strategy and leadership renewal. |
| Pigu | Baltics | E-commerce / marketplace | 2015–2021 | Growth | 3.15× | Regional marketplace scaling and management professionalisation. |
| ABC Data | Poland / CEE | Technology distribution | 2008–2019 | Buyout | 2.45× | Digitalisation of distribution and complex ownership transition. |
| Portfolio Company | US / Global | Software engineering | 2018–2021 | Buyout | 5.0× | Expansion of a global software-engineering platform. |
| Portfolio Company | Canada | Digital infrastructure | 2016–2019 | Public-to-private LBO | 3.0× | Fibre-network developer and operator. |
| Portfolio Company | United States | Business services | 2017–2022 | Buyout | 3.5× | Outsourced utility location services. |
| Portfolio Company | United States | Consumer / QSR | 2015–2021 | Buyout | 3.2× | Multi-brand restaurant franchise operator. |
| Portfolio Company | Poland | Consumer / retail | 2004–2007 | Growth | 3.0× | Retail operating and transformation experience. |
| Morele | Poland | E-commerce | 2012-2023 | Growth | unrealised | E-commerce platform growth, digital operations and organisational scaling. |
Building category leaders
Experience in data centres, digital infrastructure and technology businesses, including the transformation of Atman / ATM.
Leadership and execution
Leadership renewal, professionalisation and digital transformation across Atman, ABC Data, Pigu and Morele.
From financing to operations
Deep experience in energy transition, industrial businesses and complex capital solutions.
Selected experience of team members prior to Regenate. Figures represent historical gross investment results where indicated; past performance is not indicative of future results.
HOW WE BUILD VALUE
Stewardship in practice.
We combine private equity discipline with genuine care for the company, its management and the people who make it successful.
Protect the legacy
Respect culture, reputation, relationships and the know-how behind the business.
Align leadership
Agree priorities, responsibilities, incentives and a practical decision-making rhythm.
Strengthen operations
Support operational upgrades, transparent reporting, digitalisation and measurable execution.
Invest in resilience
Build talent, systems, commercial relationships and durable competitive advantage.
REGENATE LAB
The human side of value creation.
Regenate LAB is our structured approach to aligning leaders and stakeholders around trust, shared purpose and a practical transformation agenda.
01 / CONNECT
Build trust
Create the conditions for an open and productive partnership.
02 / DISCOVER
Find shared purpose
Understand what matters to stakeholders and the business.
03 / ALIGN
Create a common vision
Align leadership around future potential and ambition.
04 / DESIGN
Co-create the roadmap
Translate strategy into clear initiatives and ownership.
05 / EXECUTE
Make change tangible
Embed priorities in the operating rhythm.
06 / REGENERATE
Renew continuously
Build the organisational capability to keep adapting.