Acquisition of Nice To Fit You by MCI

Date: October 2024
Country: Poland
Industry: Consumer Goods
Target: Nice To Fit You
Buyer (Client): MCI
VCP’s role: Buy side M&A advisor

• VCP acted as a buy-side advisor to MCI, the largest private equity fund for new technologies in Central Europe, on its investment in Nice To Fit You, one of the leaders in dietary catering and the longest-operating entity of this type on the Polish market
• The acquisition of Nice To Fit You is MCI’s fourth investment in the past 12 months, and the second advised by VCP, following the transaction involving Profitroom in July 2024. It is in line with the fund’s strategy to intensively develop its investment portfolio in dynamic market sectors
• Nice To Fit You is historically the largest investment of MCI with the value of the capital used of approximately PLN 186 million, supported by debt financing in the structure of a leveraged buyout.
• MCI intends to support NTFY’s further expansion into the food e-commerce market in Poland in cooperation with the founders, who have retained a 45% stake.
• VCP provided MCI with bespoke investment banking services including understanding of competitive landscape of the transaction and deal tactics as well as support in other ad hoc assignments
• The transaction is subject to approval by the Polish antitrust regulator UOKiK