Warsaw-based private equity firm Spire Capital Partners, which invests in technology-driven buyouts and growth in Central and Eastern Europe, has closed its debut fund, Spire Capital Partners Fund I, at €90 million.
- Launched in 2021, Spire Capital Partners is a private equity firm that focuses on companies with at least €1 million EBITDA and supports growth through strategy, acquisitions, and international expansion.
- To date, they have invested €200 million, backed more than 40 companies, facilitated 10 add-on acquisitions, and expanded into 11 foreign markets. In 2022, they invested in Thulium, a Polish SaaS provider, and exited to SALESmanago in 2025.
- Spire Capital Partners Fund I targets medium-sized tech companies primarily in Poland and the CEE region, investing €5 million to 20 million in majority or significant minority stakes.
“Closing our first fund in today’s challenging geopolitical and macroeconomic environment is a strong signal that investors view our strategy as compelling. Our goal is to be an active, long-term partner to founders and management teams who have potential to become leaders in their markets," claims Arkadiusz Podziewski, Partner at Spire Capital.
- The company aims to bridge the financing gap for profitable companies needing capital and strategic support to accelerate growth and scale internationally. So far, about 25% of the fund’s capital has been deployed across several portfolio companies, such as Chocolissimo, Bioseco, Mooveno, and Neo Hospital.
- The fund is backed by a diverse group of investors, including Polish family offices, individual investors, the Polish Development Fund (PFR), the European Investment Fund, and the European Bank for Reconstruction and Development (EBRD), with Polish investors and PFR representing 45% of the capital.
“There is a missing layer of capital available for companies that are profitable, but which require a professional investor to prepare them for the next stage of growth. Spire will help bridge this financing gap between early growth and mature buy-out investments and use its technological expertise to support the development of companies," EBRD Director for Equity Funds, Anne Fossemalle, commented.
