Tar Heel Capital

Tar Heel Capital is a Poland-based asset management firm established in 1998 that specializes in managing private equity funds. With over a decade of experience, the firm focuses on investing in small and mid-sized companies worldwide, helping them achieve market leadership positions. Tar Heel Capital is committed to delivering above-average returns to its investors through strategic investments and operational improvements in its portfolio companies.

Grzegorz Bielowicki

Founder and Managing Partner

Hubert Gebala

Principal

Maciej Ilwicki

Investment Director

Grzegorz Pietrucha

Associate

Jacek Przybyl

Principal

Andrzej Rózycki

Managing Partner

Piotr Skoneczny

Investment Director

8 past transactions

TMR Plastics

Acquisition in 2019
TMR Plastics focus on the production of injection moulded, technical parts for all branches of industry.

Flavourtec

Venture Round in 2017
Flavourtec is a manufacturer and distributors liquids for e-cigarettes. The company offers over 60 flavours made from natural food flavours.

ELPLC

Venture Round in 2017
ELPLC is a privately held company that operate in the field of mechatronics, understood as a combination of mechanical engineering.

Mera Systemy

Private Equity Round in 2015
Mera Systemy provides and integrates intelligent solutions , especially in the field of public transport. The company design and create modern, automatic charging systems, of which ticket machines are part of vehicles and public places.

Tomma

Acquisition in 2014
Tomma provide services in more than twenty laboratories throughout the country, mainly offering magnetic resonance.

Rockfin

Acquisition in 2013
Rockfin Sp. z o.o. specializes in the design, manufacture, and servicing of hydraulic oil systems and related technologies. The company's product offerings include lubrication systems, hydraulic drive and control systems, industrial oil filtration systems, and maintenance solutions. Additionally, Rockfin provides extensive engineering and documentation services, along with testing and trial run services for various technologies. The company also offers installation, modernization, and overhaul services, as well as components and spare parts for hydraulic systems. Rockfin serves a diverse range of industries, including power, oil and gas, and manufacturing sectors such as wood and paper, cement, and steel. Established in 1991 and headquartered in Chwaszczyno, Poland, Rockfin operates production plants in multiple locations across Poland, the United States, and India, and maintains branch offices in Poland and Switzerland.

FRU.PL

Private Equity Round in 2007
FRU.PL Sp. z o.o. provides online reservations of air tickets and hotels. The company is based in Warsaw, Poland.

RADPOL

Acquisition in 2003
Radpol S.A. manufactures and sells heat-shrinkable products for district heating and the electric power industry in Poland. It offers heat shrink tubes, heat shrinkable fittings, cable joints and terminations, cable ferrules and terminals, electrical installation accessories, lighting products, insulators, spun concrete poles, PE pipes, pre-insulated pipeline systems, and vibroisolators. The company serves energy, gas, heat, railway, and motor sectors. Radpol S.A. was founded in 1970 and is based in Czluchów, Poland.