Family furniture company Gament bought out by TDA investment funds

Two investment funds owned by TDA Capital Partners have invested in Torun-based company Gamet, a producer and distributor of furniture accessories which controls 30% of the market. They bought the controlling stake from the Gajek family, who own the company. TDA representatives did not want to say how big the stake was, nor how much they paid. "We generally invest from $8 million to $15 million and enter into an investment for three to five years. Then we may launch the company on the Warsaw Stock Exchange, or sell it to an investor. We hope that Gamet sales will double in the next two to three years," said Krzysztof Sobolewski from TDA Capital Partners. (Puls Biznesu, p. 12) A.D.