A Warsaw-based private equity investor, TEP Capital has announced its investment in Profit4You, a Gdańsk-based leader in process outsourcing. Specializing in providing services to a diverse group of logistics and production companies across Poland, Profit4You stands out for its workforce of approximately 1,500 employees from Eastern Europe, Southeast Asia, and Central Asia.
Founded in 2016 by Jarosław Hałabiś and Ewa Felska-Hałabiś, Profit4You has shown remarkable growth, achieving consolidated sales exceeding 120 million in 2022. The company's success lies in its ability to rapidly deploy teams to manage specific processes at client sites, while also handling HR processes, work legalization, and logistics. This approach, coupled with a best-in-class process for efficient recruitment and high staff satisfaction, has positioned Profit4You for long-term growth in the expanding process outsourcing sector, spurred by demographic shifts and increasing labour demands.
As our fourth portfolio company and first foray outside of production, Profit4You represents a significant step for us. Their long-term customer relationships, built on a solid value proposition, make them an ideal platform to capture a significant market share in growth to come in Poland and beyond. We're excited to partner with the Profit4You team and contribute to their continued growth.
said Tomasz Woźniak, managing partner at TEP Capital.
We would like to thank our Clients and Partners for their trust and many years of fruitful cooperation. We are convinced that this transaction will elevate Profit4You to an even higher level, contributing to further development of the company and even more effective service delivery,
commented Jarosław Hałabiś, co-founder and CEO of Profit4You.
This transaction opens up new opportunities and perspectives for Profit4You. The Fund's investment will stimulate further dynamic growth and accelerate the long-planned international expansion. It is also a commitment to continue fulfilling Profit4You's mission in line with its motto We value people
added Ewa Felska-Hałabiś, co-founder of Profit4you.
The transaction's completion is pending approval from the Polish Office of Competition and Consumer Protection (UOKiK).