Avallon MBO launches €171.5 million fund and acquires Inglot shares

Avallon MBO has launched its fourth investment fund, Avallon MBO Fund IV, having raised €171.5 million in its first close. The fund has a potential total capital capacity of up to €260 million.

The fund’s first transaction is the acquisition of shares in the Polish cosmetics brand Inglot, a company with over 40 years of experience in the makeup market. This investment aligns with the fund’s strategy to target consumer brands, e-commerce, and manufacturing companies with annual revenues between €20 million and €100 million.

Avallon MBO aims to support established Polish and Central and Eastern European companies in professionalizing, adopting modern technologies, and expanding internationally. The firm plans to invest alongside managers, founders, and family business owners, while also broadening its investor base to include family foundations.