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Announced

Completed

Accession Capital and SMYK management completed the acquisition of SMYK from Bridgepoint.

Synopsis

Accession Capital, a private equity firm, and SMYK management completed the acquisition of SMYK, a omnichannel children’s products retailer, from Bridgepoint, a private asset growth investor. Financial terms were not disclosed. “We are excited to be part of the next chapter of SMYK’s development and partner with Micha?. Supporting management teams is core to our investment strategy which we have successfully implemented for nearly 25 years and across five funds dedicated to Central Europe. We are confident in SMYK’s potential and look forward to working closely with the company management team to drive operational excellence, pursue strategic growth, and deliver enhanced value,” Przemysław Głębocki, ACP Managing Partner.

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