A request for the concentration of activities involving Euvic S.A. (Euvic Group), Gemini Holding Sp. z o.o., Hyperr Sp. z o.o., and Senetic Holding S.A. has been submitted to the Office of Competition and Consumer Protection (UOKiK). A positive decision from the President of UOKiK will initiate the investment procedure.
Senetic is a company with international experience in the fastest-growing IT infrastructure sector. It is a partner of renowned IT equipment manufacturers and one of the largest Microsoft Cloud partners in Poland. The company operates in 28 countries, generating annual revenues of over 600 million PLN.
Two major groups have joined forces in this transaction – Euvic Group and Gemini Holding, led by Rafał Sonik. Hyperr Sp. z o.o., an investment vehicle created by a group of entrepreneurs with experience in technology and influencer marketing, also participated in the transaction.
For Euvic Group, this is the largest transaction in its history, through which a leading provider of network and server solutions, software, and computer hardware in Poland and Europe will join the group. Euvic Group itself will grow by 30%.
"The IT market is changing and evolving, which prompts us to change our approach to business and diversify into the most strategic areas, thereby seeking new, sometimes unconventional, areas of investment and development. IT infrastructure is the strongest and most dynamically growing sector, and it is in this area that we see the most opportunities. The investment in Senetic will allow us to expand our competencies in IT infrastructure and bring into the Group the expertise of an experienced team—completely new capabilities that we have not had before. This is our largest and most complex transaction to date, so I am especially pleased that we have been able to prepare for it so well. We are entering a new chapter, and I eagerly await the results of our joint efforts. I am also glad that we are conducting this transaction with a group of friendly and experienced investors," comments Wojciech Wolny, CEO of Euvic S.A.
This is not the first joint investment between Euvic and Gemini Holding. Through the jointly established company Euvic 2030, the groups have already conducted transactions in Tuatara and 4experience. The investment in Senetic is the next stage of business integration between these groups. Meanwhile, Rafał Sonik—a seasoned businessman, investor, business mentor, distinguished athlete, and philanthropist—has been associated with Euvic Group for several years and is actively involved in its development.
"I have always been attracted to big business and the opportunities it brings. In the case of this investment, I did not hesitate for a moment. On one side, you have the specialization and scale of Senetic's business; on the other, the scale, vision, and energy of Euvic Group, in which I believe and with which I identify. The combination of these two businesses, with such a strong and experienced management team driven by passion, belief in success, and supported by the competencies of the teams working with them, will create a giant in the IT market—not just in Poland, but globally," says Rafał Sonik, investor and CEO of Gemini Holding Sp. z o.o.
As a result of the investment, a unique ecosystem will be created, building upon the existing services in software development, body/team leasing, IT infrastructure, digital marketing, and consulting, and expanding into digital commerce and distribution in IT infrastructure and B2B licensing.
"I see great potential in the consolidation of the IT market. The combination of Euvic and Senetic, our activities, and cooperation within the existing ecosystem of the Group in Poland and abroad, presents us with an opportunity for further business and employee development. I see particular opportunities in the growth strategy adopted by the Group, including acquisitions and international expansion. Working closely with the Group's management, I will implement this strategy alongside them. I also plan to remain involved in the investment policy—as a company and as a private investor. As a result, we expect to strengthen our market position and continue dynamic growth. Our goals are ambitious, but with this team, it could not be otherwise," says Marcin Białożyt, CEO of Senetic Holding S.A.
