BlackPeak Capital reached a USD132.1m (EUR126m) final close for its Luxembourg-based Southeast Europe Growth Equity Fund. The vehicle will focus on growth equity SMEs in Bulgaria, Romania, Slovenia, Croatia and Serbia and is backed by the EIF, EBRD, IFC, Erste Asset Management and others. Read more… Read More
Carlyle Group invested ~USD15.8m (EUR15m) in its own Memsource, a Czech Republic-based enterprise translation services company, which it purchased in July 2020. Read more… Read More
Vantage Capital invested ~USD105.7m (EUR100m) in Maple Bear, a Canada-based K-12 bilingual school franchise, for its CEE expansion. Read more… Read More
INVL Asset Management acquired Lithuania-based vet clinic network MiniVet through INVL Baltic Sea Growth Fundfor an undisclosed amount. Read more… Read More
Sofina led a ~USD230.4m (EUR220m) Series D for Czech Republic-based e-grocer Rohlik, with follow-on from Index Ventures and Tomáš Čupr (Rohlik founder). Read more… Read More
Agency for Innovation and Digital Development and Pasha Holding committed~USD2.9m (AZN5m) to launch a ~USD6.6m (AZN11.3m) Azerbaijan-focused venture capital fund. Individual investors also contributed ~USD764k (AZN1.3m). Read more… Read More
EBRD, CEECAT Capital, Alpha Associates and Revo Capital invested in a ~USD200m first round for Turkey-based fintech startup Param. Read more here and here… Read More
500 Istanbul led a USD1m seed round for Refine, a React-based web application development platform based in Turkey, with participation from Emre Baran (Cerbos) and Emre Burak Kabakcı (Rakam/Liveramp). Read more… Read More
BaltCap agreed to sell SIA Uprent Group, a Latvia-based specialized pumping company providing dewatering and bypassing solutions in the Baltics and Poland, to Renta Group Oy for an undisclosed amount. BaltCap first invested in the company in 2016 through its BaltCap Private Equity Fund II. Read… Read More
Genesis Capital reached a EUR150m (~USD161m) final close for its Genesis Private Equity Fund IV, meeting its hard cap after a EUR15m (~USD16m) investment from EBRD. The fund will invest in SMEs and mid-cap companies across diverse sectors in Central Europe. Read more… Read More
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