3i has strengthened its Central and Eastern European buyouts team with the addition of Andrzej Szostak in Poland. Szostak will primarily be based in Warsaw, but will also spend time in 3i’s London office and in other parts of his region.
Szostak will focus on identifying, introducing and executing buyouts in Poland and the rest of Central and Eastern Europe, targeting companies with an enterprise value from €100 million (US$137.7 million) to over €1 billion (US$1.4 billion). Prior to joining 3i, Szostak spent eight years as managing director of Rothschild Polska, part of the Rothschild Group. 3i’s CEE team is led by partner Stuart McMinnies.
“Andrzej is a high profile and experienced professional with great knowledge and connections in Poland and the rest of this exciting market,” said McMinnies.