Innova Capital in no hurry to sell Expander

Private equity fund Innova Capital is not hurrying to sell personal finance firm Expander, even though it is observing interest from potential buyers, the fund’s partner Leszek Muzyczyszyn told the Polish Press Agency. “For some time we have been observing regular signs of interest in the company, mostly from the part of sector investors,” Muzyczyszyn said. “The fund eyes these signals with attention, of course. However, the dynamic growth of the company’s value over the past two-three years and an optimistic view of results growth in the coming periods make us fell no pressure to make quick ownership changes,” he explained. Innova Capital bought 60 percent in Expander in December 2007. In 2010 it increased its stake in the company to 100 percent.