Boring Equity fills the CEE capital vacuum by backing ambitious operators in high-margin, proven franchise models.
Removing the "guesswork" from private equity by leveraging established systems and pre-vetted talent.
Securing high-quality assets where institutional competition is scarce, ensuring attractive entry multiples.
We benefit from a double-layer of security: the franchise networks act as a primary filter by vetting operators for competence and grit.
Risk mitigation through history. We only back franchise models with 3+ years of stress-tested success in the local CEE market.
True Alpha is generated through the franchising network’s operation MOS. Standardized Systems eliminate inefficiency.
Acquiring individual units at lower multiples and aggregating them into clusters for significantly higher exit multiples.
We prioritize regular dividend distributions and operator buy-back schemes to ensure liquidity for our co-investors.
Radical alignment through shared risk. Every transaction requires a minimum 30% operator equity stake.
Programmable liquidity. We embed structured paths for operators to re-acquire equity using profits.
Institutional control without majority ownership. We utilize a "Golden Share" to maintain veto rights on all major decisions.
Fueling fund liquidity through the top line. A 1–3% Royalty Markup ensures high-velocity cash flow for our co-investors.
Traditional private equity often requires a decade of patience. We focus on tangible yield and staged liquidity for our co-investment partners.
Designed to return capital through active cash flow, significantly reducing risk over time.
Dividends derived directly from operating profits, providing co-investors with a consistent income stream.
Successful operators buy back equity using profits, creating built-in liquidity paths for our partners.
Piotr Majdan | Founder & GP
Boring Equity is the family office vehicle of Piotr Majdan. We scale the "workhorses" of the CEE economy—businesses providing essential services that form the regional backbone.
We specialize in identifying "boring" but high-margin franchise models and professionalizing them through modern Management Operating Systems and institutional capital.
"If the business is boring, the returns are usually anything but."
