Central and Eastern Europe-focused private equity fund manager Mid Europa Partners has acquired a majority stake in Serbia-based health care provider MediGroup from Balkans-focused private equity firm Blue Sea Capital. Blue Sea originally invested in the MediGroup’s predecessor in 2012 and will retain a 45 percent stake in the company. Read More
Central & Eastern Europe-focused private equity fund manager Abris Capital Partners has agreed to acquire a majority stake in Poland-based personal hygiene product manufacturer Velvet CARE. Abris will invest through Abris CEE Mid-Market Fund III. Velvet CARE will partner with Abris to expand operations in Poland and the region. Financial… Read More
EMPEA Members log in to receive exclusive access to the detailed report (PDF) and underlying data (Excel). Download the Year-End 2017 Statistics (PDF) » Fundraising highlights from EMPEA’s Year-End 2017 Industry Statistics: The composition of fundraising by strategy has shifted as venture capital, infrastructure and private credit… Read More
Central Europe-focused private equity fund managers Genesis Capital and Avallon have agreed to acquire Poland-based EQOS Energie Polska and Czech Republic-based EQOS Energie Česko from infrastructure services provider EQOS Energie Group. Genesis and Avallon invested through Genesis Private Equity Fund III and Avallon MBO Fund II, respectively. Upon transaction closing,… Read More
Purcari Wineries, which owns wineries in Romania and Moldova, has raised RON186.2 million (approximately US$49 million) in an IPO on the Bucharest Stock Exchange at a price of RON19 (approximately US$5) per share. Horizon Capital, a private equity fund manager that focuses on investments in mid-cap companies in Ukraine and… Read More
Turkey-based MLP Care Services, the operator of the Medical Park and Liv Hospital networks, has raised TRY1.4 billion (approximately US$366 million) in an IPO on Borsa Istanbul valuing the company at TRY4 billion (approximately US$1 billion). MLP sold 73 million shares at TRY19 (approximately US$5) per share, reportedly facilitating an… Read More
China-focused alternative investment management and advisory company CITIC Capital Holdings has led a US$21 million Series D round for Hungary-based Organica Water, with participation from existing investor Idinvest Partners. CITIC Capital and Idinvest Partners invested through CITIC Capital Silk Road Fund and Electranova Capital I Fund, respectively. Organica is a… Read More
Poland- and Central Europe-focused private equity fund manager Value4Capital has reached a close for V4C Poland Plus Fund with more than EUR80 million (approximately US$99 million) in capital commitments. Investors in the fund include the European Investment Fund and the European Bank for Reconstruction and Development, as well as undisclosed… Read More
Russia and CIS-focused private equity fund manager Baring Vostok Capital Partners has acquired a minority stake in Russia-based online English language education company Skyeng. The company provides English courses for schoolchildren and training for corporate clients primarily through its Vimbox platform. Financial details of the transaction were not disclosed. Read More
SME-focused investment firm Small Enterprise Assistance Funds (SEAF) has fully exited its 80 percent stake in Turkey-based flexible packaging producer Propak to Polinas, a packaging materials subsidiary of Turkey-based food company Ulker Group. SEAF originally invested in Propak in 2011 through Southeast Europe Equity Fund II (SEEF II). Financial details… Read More
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