Kartesia supports further growth investments in JS Hamilton by MidEuropa

Kartesia, the European specialist provider of capital solutions for small and mid-sized companies, is pleased to announce its support for JS Hamilton (“the Company”), a portfolio company of MidEuropa (“MidEuropa”). The financing for JS Hamilton will refinance the original acquisition facility and support further growth of the Company. This marks Kartesia’s second deal with MidEuropa portfolio companies, following the 2022 acquisition financing for their investment in Optegra Eye Health Care – a leading provider of ophthalmologic care in Europe, which was recently sold to EssilorLuxottica.

As the leading independent testing, inspection and certification company in Poland and Central Europe (“CE”) region, JS Hamilton offers more than 1,500 accredited testing methods across food, environmental products, cosmetics, and packaging, along with cargo and engineering inspections. Its 24-hour laboratories and regional logistics network enable faster turnaround times, with most tests being conducted locally. This efficient structure, combined with growing market demand, has fuelled recent expansion for the Company – driven by rising biodiversity awareness, shifting consumer preferences, sustainable agricultural practices, and tighter regulatory frameworks.

The flexible financing solution provided by Kartesia refinances the existing facilities and secures additional growth capital to support MidEuropa’s ambitions. Capital for the transaction was deployed from the Kartesia Senior Opportunities (“KSO”) strategy. The deal team at Kartesia consisted of Nico Wellm and Vinzent Zimmer.

Nico Wellm, Investment Manager at Kartesia, commented: “We are delighted to partner once again with MidEuropa, a seasoned investor in the CE region. Since 2018, MidEuropa has supported JS Hamilton’s growth from a national to a regional leader in the testing, inspection and certification space, driven by its expanding network of state-of-the-art laboratories. This is our 5th direct investment and our first Senior Opportunities financing in a Poland-based company, which underscores our commitment to this important European market and its local champions with international growth ambitions. We look forward to supporting MidEuropa and management in the further expansion of JS Hamilton.”

Pawel Malicki, Partner at MidEuropa, added: “We are pleased to have found the ideal financing partner in Kartesia, building on our successful collaboration in the past. We are confident in their expertise and strong capital deployment and look forward to joining forces with them in this sector to pursue the envisaged growth trajectory of JS Hamilton.”