20 July 2018

Another exit for ARIA New Technologies Fund

Managed by ARIA Fund, ARIA New Technologies Fund sold all its shares in YESTERSEN, a tech company engaged in brokering sales of vintage furniture and other items. The buyer of the majority stake following the transaction is the Juroszek family (owners of ANTAL, a WSE-listed developer company, and STS, a bookmaker), one of the richest families in Poland.

“We are very happy that YESTERSEN has found a majority investor. Our congratulations to the Juroszek family on the purchase of shares that until now have been held by ARIA New Technologies Fund. We will keep our fingers crossed for the new augmented growth strategy of YESTERSEN,” says Dariusz Lewandowski, ARIA’s CEO. “We will use the capital raised through this sale to make new investments, which will be announced soon,” adds Mr Lewandowski. The transaction price is a trade secret. Worth over PLN 3 billion, the Juroszek family is among the top most affluent in Poland, coming 9th in this year’s Forbes 100 Richest Poles List. The deal for the Juroszek family to buy YESTERSEN’s shares from ARIA was covered by the “Puls Biznesu” daily. The full article is available under this link.