Renters Pl has sold a majority share to Enterprise Investors

Warsaw – CFI is pleased to announce that it acted as exclusive financial advisor to the shareholders of Renters Sp. z o.o. in the transaction of sale of majority stake in the company to Enterprise Investors Fund.

Founded in 2018, Renters is the leading and fastest growing short-term rental property management company in Poland. It manages over 2,000 rental apartments in key tourist regions and cities. In 2022 the company generated a gross booking value of nearly PLN 130 million, and looks to grow from there.

Enterprise Investors is a leading private equity firm operating in Poland and CEE countries with a successful track record of investing in 153 companies since 1990, with a total investment of 2.2 billion EUR.

This acquisition provides an excellent platform to consolidate the fragmented short-term rental market in Poland, and help maintain the high quality services there-within.

This transaction was announced on 9 March 2023.

Related

• https://www.ei.com.pl/en/enterprise-investors-backs-the-dynamic-growth-of-renters-pl/
• https://bvaluefund.com/bvalue-fund-exits-renters-pl-to-enterprise-investors/