© Copyright Acquisition International 2026 - All Rights Reserved.

Article Image - Wirtualna Polska Holding IPO
Posted 27th May 2015

Wirtualna Polska Holding IPO

Wirtualna Polska Holding IPO

Mouse Scroll AnimationScroll to keep reading

Let us help promote your business to a wider following.

Wirtualna Polska Holding IPO

Wirtualna Polska Holding IPO

View Biography

Weil, Gotshal & Manges

Rafał Zwierz – Partner.
Legal Adviser to WPH

Innova Capital-backed Wirtualna Polska Holding (WPH) has listed on the Warsaw Stock Exchange, with a PLN 1bn market cap.

The public offering featured a total of 9.19 million shares priced at PLN 32 apiece. Around a third of the offering comprised newly created shares, generating proceeds of PLN 100m. WPH intends to dedicate the capital raised to further acquisitions and the repayment of existing debt.

Innova-controlled European Media Holding (EMH), meanwhile, reaped PLN 187.3m in gross proceeds by divesting a 35% stake as part of the offering. Innova claims to have recouped around 90% of its initial investment in the business.

Primarily intended for Polish investors, the flotation took place earlier than the 2016-2017 timeframe that had initially been considered, according to WPH.

Pekao Investment Banking, UniCredit’s London branch, Powszechna Kasa Oszczędności Bank Polski, Oddział – Dom Maklerski PKO Banku Polskiego w Warszawie and Dom Maklerski mBanku acted as joint bookrunners for the IPO.

Previous funding
WPH was formed in 2013 via the merger of Polish internet portals Wirtualna Polska and Grupa o2, both bought by Innova Capital from Orange business unit Telekomunikacja Polska. The buyout, valuing the combined business at PLN 375m, was carried out via Innova-backed acquisition vehicle European Media Holding, according to unquote” data.

Innova drew equity from its €302m Innova/5 LP fund, with additional financing coming in the form of a debt package.

Categories: Innovation


You Might Also Like
Read Full PostRead - Eye Icon
10 Cryptocurrencies with The Biggest Growth Potential to Buy Right Now
News
06/10/202210 Cryptocurrencies with The Biggest Growth Potential to Buy Right Now

When you're just starting in the world of cryptocurrency, the dozens of different cryptocurrencies, from Bitcoin and Ethereum to Dogecoin and Tether, might be intimidating. To help you gain your bearings, these are the top ten cryptocurrencies with the biggest

Read Full PostRead - Eye Icon
Mergers and Acquisitions (M&A) Targeting Financial Services
Finance
07/06/2016Mergers and Acquisitions (M&A) Targeting Financial Services

Both the volume and value of mergers and acquisitions (M&A) targeting financial services companies worldwide increased in the second half of 2015.

Read Full PostRead - Eye Icon
Low Transmission Fluid Pressure: A Hidden Post-Collision Risk for Businesses
Legal
27/01/2026Low Transmission Fluid Pressure: A Hidden Post-Collision Risk for Businesses

For many businesses, vehicle reliability is directly tied to operational continuity, cost control, and risk exposure. Transmission failures are often categorised as routine mechanical wear, particularly when they occur sometime after a collision. However, many

Read Full PostRead - Eye Icon
Structuring Success:  Corporate Governance Within Papua New Guinea
Finance
08/04/2015Structuring Success: Corporate Governance Within Papua New Guinea

Corporate Governance in Papua New Guinea leaves much to be desired, particularly in the government sector and the many ‘State Owned Enterprises’.

Read Full PostRead - Eye Icon
How to Measure and Prove the ROI of Corporate Innovation: A CFO’s Guide
Finance
19/12/2025How to Measure and Prove the ROI of Corporate Innovation: A CFO’s Guide

CFOs often hold the weight of the company on their shoulders. Leadership might question the need for new tools and technology updates. Successful brands may pause before making changes that deviate from the status quo. Yet, without significant changes, growth

Read Full PostRead - Eye Icon
Orrick Advises Shareholders in Sale of Slovakian Telecoms Provider Benestra
Finance
26/05/2016Orrick Advises Shareholders in Sale of Slovakian Telecoms Provider Benestra

Orrick has advised a consortium of international private equity firms, including Bessemer Venture Partners, Columbia Capital, HarbourVest Partners, Innova Capital, MC Partners and Oak Investment Partners, in the sale of Slovakian telecommunications provider Be

Read Full PostRead - Eye Icon
What Is Due Diligence Investigation for Mergers and Acquisitions?
M&A
27/07/2026What Is Due Diligence Investigation for Mergers and Acquisitions?

Mergers and acquisitions (M&A) represent some of the highest-stakes transactions in the business world. Successful deals require a complete understanding of the target company’s financial position, legal standing and operational capabilities. Due dil

Read Full PostRead - Eye Icon
Cisco Unveils Plan for Building Internet for the Next Decade of Digital Innovation
Innovation
16/12/2019Cisco Unveils Plan for Building Internet for the Next Decade of Digital Innovation

Cisco has unveiled the details behind its technology strategy for building a new internet- one designed to push digital innovation beyond the performance, economic and power consumption limitations of current infrastructure.

Read Full PostRead - Eye Icon
Closure of Polaris Private Equity IV at €300m
Finance
12/03/2015Closure of Polaris Private Equity IV at €300m

Polaris Private Equity (“Polaris”), the leading Danish/Swedish lower mid-market private equity investor, is pleased to announce that it has successfully completed a first closing of its fourth private equity fund – Polaris Private Equity IV – at DKK 2.



Our Trusted Brands

Acquisition International is a flagship brand of AI Global Media. AI Global Media is a B2B enterprise and are committed to creating engaging content allowing businesses to market their services to a larger global audience. We have a number of unique brands, each of which serves a specific industry or region. Each brand covers the latest news in its sector and publishes a digital magazine and newsletter which is read by a global audience.

Arrow