Slovak-Czech fund buys platform in Poland for trade in crashed cars
14:31
Slovakia-based private equity firm Sandberg Capital is entering the Polish market with the acquisition of a majority stake in Carrot, a B2B platform for selling damaged vehicles. Sandberg manages more than EUR 0.5 bln in assets and operates offices in Bratislava and Prague. Founded in 2018 by Witold Jaworski, a former PZU board member and Allianz CEO, Carrot connects insurers and leasing companies with a network of more than 20,000 professional buyers.
Around 30,000 damaged vehicles are sold through the platform annually. In 2024, Carrot generated nearly PLN 40 mln in revenue, PLN 10.2 mln in EBITDA and PLN 8.4 mln in net profit. The deal marks Sandberg Capital’s first acquisition in Poland.
(pb.pl)