1. European Growth Capital Investor
Bridging Western European opportunities with Central & Eastern Europen capital
Sylwester Janik, Senior Partner
NOAH Conference, London, 10/11/2016

2. GET YOUR TICKET TODAY!
www.noah-conference.com
2-3
Tempodrom, Berlin Old Billingsgate, London
NOV201722-23 JUN2017
SAVE THE DATE

3. MCI Capital: the leading multi-stage tech investor in CEE
Present on the market since 1999
Team: 12 investment professionals
Long term investor (evergreen fund structures)
AUM of EUR 530M (as of 3Q2016)
Track record 2001-2016: Net IRR of 25%

4. MCI Capital: the leading multi-stage tech investor in CEE
• EUR 3–10M• EUR 1–3M
• EUR 25–100M• EUR 10 – 50M
Growth
capital
for Europe
Buyout
capital for
Poland
& CEE
Mezzanine/
Venture Debt
for Poland
& CEE
Venture
capital
for Poland
& CEE

5. MCI Capital portfolio: 40+ portfolio companies
CEE
POLAND
RUSSIA
TURKEY
GLOBAL
DACH

6. Key sectors
Fintech
Marketplaces
e-travel
E-commerce
SaaS

7. Our investment strategy (growth technology)
Sectors: fintech, marketplaces, SaaS & e-travel
Geo focus: European market (incl. Israel, Russia & Turkey)
Stage: Series B+ / EUR 10m ARR
Ticket: EUR 5-25m
We support: serial enterpreneurs / strong teams

8. Value proposition
Assistance in building partnerships / alliances with local partners
Support in geo-expansion into & M&A in the CEE region
Support in recruitment of the key team members

9. CEE region is heating up
Consolidation in consumer Internet segment
acquired by CVC/Permira/MidEuropa from Naspers ($3,25BN)
acquired by United Internet (EUR 150M)
acquired by Rockaway Group (EUR 76M)
Polish & CEE-based companies raising capital in Europe & USA
(Brainly, DocPlanner, Estimote, GoodData, Silvair, Kontakt.io etc;)
More and more tech companies are entering the CEE region in search
for new customers, but also to optimize costs
(e-commerce/e-travel/fintech/etc): Azimo, AirHelp, SavingGlobal, iWoca, Wonga,
Kreditech, SumUp etc.

10. MCI’s growth fund success stories - Invia.cz:
11x return on primary investment, 46% Net IRR
Value creation
1,0x
Enterprise
Value at
investment
2,5x
Organic
growth in
the core
markets
1,7x
Successful
M&As
2,5x
Valuation
arbitrage
7,7x
Enterprise
Value at
exit
Leader of e-travel market in the CEE region
(Poland, Czech, Slovakia and Hungary),
offering travel packages, air tickets and hotels
and cooperating with over 350 tour operators.

11. Come & talk to us
• Founder & Managing
Partner
• Fund Manager of
EuroVentures Fund
(expansion & buyout
fund)
Tomasz
Czechowicz
czechowicz@mci.eu
• Investment Partner
• Fund Manager of
Internet Ventures Fund
(early stage technology
fund)Tomasz
Danis
danis@mci.eu
• Senior Partner
• Fund Manager of
TechVentures Fund
(growth technology fund)Sylwester
Janik
janik@.mci.eu
• Investment Director
• TechVentures Fund
(growth technology fund)
Maciej
Bogaczyk
bogaczyk@mci.eu

12. Selected Completed NOAH Transactions
Focus on Leading European Internet companies
Covering over 400 companies across 25 online
verticals, a broad range of over 500 investors as
well as 100+ online-focused corporates
Deep understanding of industry dynamics
Ability to add value beyond banking advice
Facilitates overall process and minimizes
management distraction
NOAH Advisors is globally well connected
and has direct access to virtually all key
players in the industry
Knowledge of and strong relationships with
potential buyers’ key decision makers
Proactively finds and unlocks attractive
investment opportunities for leading investors
Annual NOAH Conference in its 8th year
Over 40 years of combined relevant M&A experience
Routine execution of M&A and financing transactions
with sizes of several billion euros
24 successfully completed NOAH Advisors transactions
underline successful transfer of M&A competencies to
the Internet sector
Entrepreneurial mind-set, focused on growing the
business and establishing a reputation for excellence
Ability to deliver top results in short time frames
Highly success-based compensation structures align
interests of clients and NOAH Advisors, and demonstrate
conviction to deliver top results
Creative deal solutions
September 2015
December 2014
September 2014
October 2014
May 2014
Sale of a 70% stake in
to
Exclusive Financial Advisor to
Drushim and its Shareholders
Sale of 100% of
for $800m to
Exclusive Financial Advisor to
Fotolia and the Selling Shareholders
Sale of 100% of
for €80m to
Exclusive Financial Advisor to
Trovit and its Shareholders
Sale of controlling stake in
to
Exclusive Financial Advisor to
Facile.it and its Shareholders
sold 100% of
for $228m to a joint venture between
Exclusive Financial Advisor to Yad2
and its Shareholders
Unique Industry Know-How
Unmatched Network and Relationships
Strong Investment Banking Competence
Full Commitment - We Are Entrepreneurs!
EUROPE’S LEADING INTERNET
CORPORATE FINANCE BOUTIQUE
September 2016October 2016
May 2016
Investment in
by
Financial Advisor to Oakley Capital
Exclusive Financial Advisor to
10Bis and its Shareholders
®
Marco Rodzynek
Managing Director & Founder
marco.rodzynek@noah-advisors.com
Jan Brandes
Managing Director
jan.brandes@noah-advisors.com
Justus Lumpe
Managing Director
justus.lumpe@noah-advisors.com
The NOAH Advisors Core Banking Team
Nikhil Parmar
Director
nikhil.parmar@noah-advisors.com
10Bis Drushim
Acquisition of a Majority Stake in
by
from
at a valuation of €300m
Investment in
Exclusive Financial Advisor to KäuferPortal
and its Shareholders
by
84% Ownership