short-right-arrow logoMobile media-pie 1 7 % share download email linkedin round-download

Privacy Preference Centre

Your Privacy

When you visit any website, it may store or retrieve information on your browser, mostly in the form of cookies. This information might be about you, your preferences or your device and is mostly used to make the site work as you expect it to. We use two types of cookies on our website: cookies which are necessary for this website to function and analytics cookies. Because we respect your right to privacy, you can choose not to allow some types of cookies. Click on the different category headings to find out more and change our default settings. However, blocking some types of cookies may impact your experience of the site and the services we are able to offer.

Strictly Necessary Cookies

These cookies are necessary for the website to function and cannot be switched off in our systems. They are usually only set in response to actions made by you which amount to a request for services, such as setting your privacy preferences, logging in or filling in forms. You can set your browser to block or alert you about these cookies, but some parts of the site will not then work. These cookies do not store any personally identifiable information.

Cookies used

  • CookieNotice
  • CookieAnalytics

Analytics Cookies

These are Google Analytics cookies which allow us to count visits and traffic sources so we can measure and improve the performance of our site. They help us to know which pages are the most and least popular and see how visitors move around the site and social media platforms All information these cookies collect is aggregated and therefore anonymous. This cookie is defaulted to ‘Active’, which means we will be able to track, on any anonymous basis, how many visitors we have to our site, and monitor its performance. If you wish to turn them off you can do so by unticking ‘Active’ and clicking ‘Save and Accept Cookies’. For more information on how these cookies work, including a link through to the Google Privacy Policy which sets out further information about data which Google may collect in the course of providing us with Analytics.

Cookies used

  • _ga

Targeting Cookies

We use necessary cookies to make our site work. We also use analytics cookies which collect information about how visitors use our website and help us to improve it; these are defaulted to ‘Active’, if you wish to turn them off you can do so through the Cookie Settings. Please be aware that by blocking some types of cookies it may impact your experience of the site and the services we are able to offer. For more information about any of these cookies and our use of them, or to change your settings at any time, please see Cookie Settings and our Cookies Policy.

Bridgepoint in the News

15 January 2016

Bridgepoint acquires Polish children’s products retailer Smyk

Smyk, the leading retailer of children’s apparel, toys and accessories in Poland, has been acquired by Bridgepoint from Empik Media & Fashion, a Warsaw Stock Exchange-listed retail group, in a transaction totalling €247 million.

Established in 1952 as a toy and apparel retailer in Warsaw, Smyk now operates a network of 125 stores in Poland and has a growing presence in Romania, Russia, Ukraine and Germany. The company has four store formats comprising a combination of megastores (typically located in retail parks), city stores, small stores in mid-sized cities and local malls, and outlets. It has also recently introduced an apparel-only 'shop-in-shop' format for its international markets. 12% of sales are currently made online. 2015 revenues are forecast to reach PLN 1,449 million.

Smyk CEO Mark Rollman said: "Smyk has a proven track record of success and enjoys high appreciation amongst its customers, especially in relation to its exciting fashion and toys offer. With the introduction of a new shareholder who is experienced in retail and is very supportive of our ambitions, we now have the opportunity to roll out our proven store concept, develop our exciting multichannel proposition and accelerate our international franchising and wholesaling expansion."

Khai Tan, partner responsible for Bridgepoint's investments activities in the CEE, added: "Smyk is the market leader in a fast growing sector and is well positioned to seize future opportunities for expansion. It has a strong brand heritage and is run by an experienced and talented management team. This business has established a strong foundation for progress based on a brand that is well-known for its superior quality, range and leading service levels. In partnership with Bridgepoint, we have the opportunity to grow into a larger, more efficient and more international business."

Krzysztof Rabiański, CEO of EM&F Group said: "Smyk has been our long-term investment and I am proud of this unique concept and shareholders', business value that we created over the years of consistent development of this asset. Our mission in Smyk has come to an end and I wish the new owner and the management team of Smyk further success."

Spend per child in this market is significantly lower than that recorded in Western European markets. The children's products market is forecast to grow at c.5% per annum whilst Smyk's specialised niche is expected to grow at an even greater rate of 11% per annum. This growth will continue predominantly through increase of spend per child, with clear evidence emerging that as Polish families get richer, there is a strong correlation between their disposable income growth and child spend across toys and apparel.

This investment was made by Bridgepoint Europe V, a €4 billion European middle market buyout fund. Bank debt for this transaction was provided by Pekao. Cornerstone Partners of Poland will take a small minority in the Bridgepoint-led acquisition.

Advisers involved in the transaction included:

- For Bridgepoint: Weil (legal), PwC (M&A, financial, tax, IT), Pekao IB (IB), OC&C (commercial), Environ (environmental), CEE CG (management referencing), Marsh (insurance), Colliers (real estate)

- For EM&F: J P Morgan (M&A), Clifford Chance (legal), PwC (commercial), EY (financial and tax)

- For Management: Jamieson, Travers Smith (legal)


Contact us

If you are interested in working for Bridgepoint, please complete the form below.


Investor reports registration

To access investor reports through the web based reporting facility, please fill in the form to register for an account.

The information submitted on this form will be used for the sole purpose of registering you as an account user and will not be shared with third parties.


Request a copy of The Point

Mandatory fields are marked as (required*)