Smyk Prepares Warsaw IPO, Targeting Over €100 Million

Polish children’s clothing and toy retailer Smyk is preparing for a Warsaw Stock Exchange listing, in what could become one of the largest IPOs on the market this year. According to Bloomberg, the company has appointed Barclays, UniCredit and Pekao as global coordinators.
Smyk and its owners aim to raise at least €100 million, with a potential valuation of around €500 million. Final details of the offering, including size and timing, are yet to be confirmed.
The retailer operates nearly 290 stores across Poland, Ukraine, Romania and Slovakia. Acquired by Bridgepoint in 2016, Smyk later attracted Accession Capital Partners, which backed CEO Michał Grom in a management buyout.
In 2024, the company generated PLN 2.3 billion in revenue and PLN 292 million EBITDA. Smyk would be the third IPO on the WSE this year, after Diagnostyka and Arlena.