The 12th annual edition of EMPEA’s Global Limited Partners Survey features the views of 107 limited partners (LPs) on the emerging markets private equity (EM PE) asset class. This study aims to provide the industry with a better understanding of how LPs’ strategies for investing are evolving; what challenges… Read More
ARX Equity Partners, a private equity investor focused on mid-sized companies in CEE, has sold its stake in Slovenia-based plastic components producer Tomplast to funds managed by Finnish investment manager KJK Capital. ARX, which originally invested in Tomplast in 2007, reported a 4.1x cash-on-cash return multiple and an IRR exceeding… Read More
Mid-market private equity firm Innova Capital has invested in Poland-based advertising and marketing technology firm Netsprint. The investment consisted of both a capital increase and an acquisition of shares from Poland-based holding company Dirlango. With Innova Capital’s support, Netsprint hopes to expand into other markets and to increase the scale… Read More
Poland-based private equity and venture capital firm Enterprise Investors (EI) has agreed to acquire 100 percent of Romania-based toys and games retailer Noriel Group from the Constantinescu family—Noriel’s founding entrepreneurs—and CEE-focused investment manager Axxess Capital’s Balkan Accession Fund. The transaction will be structured through EI’s Polish Enterprise Fund VII. As… Read More
Lithuania-focused venture capital firm Practica Capital has invested EUR1 million (approximately US$1.1 million) in Lithuania-based health care software company Softneta. The transaction was structured through Practica Venture Capital. Softneta, which provides software-based specialized health care solutions to improve the quality of patient care, will use the new funds to improve… Read More
CEE-focused venture capital firm 3TS Capital Partners has invested EUR1 million (approximately US$1.1 million) in Romania-based marketing consultancy Marketizator. The transaction was structured through Catalyst Romania. Marketizator, which specializes in website conversion rate optimization, will use the new capital to expand geographically. … Read More
Turkey-focused private equity firm Actera Group has agreed to sell its stake in Turkey-based cinema operator Mars Cinema Group to Korea-based global cinema operator CJ CGV. The exit is part of CJ CGV’s acquisition of the company at an enterprise value of US$800 million. Other sellers in the transaction include… Read More
Africa-focused private investment firm Helios Investment Partners has acquired 100 percent of emerging markets-focused financial services companies Crown Agents Bank (CAB) and Crown Agents Investment Management (CAIM) following the receipt of regulatory approvals. The transactions were structured through Helios Investors III. CAB and CAIM provide payments, trade finance, foreign exchange… Read More
CEE and CIS-focused mid-market private equity firm Abris Capital Partners has acquired a majority stake in Poland-based railway services company Industrial Division. In partnership with Abris, Industrial Division plans to increase the size of its operations in markets where it is currently active and enter the passenger services segment. Financial… Read More
Global private equity firm The Riverside Company has agreed to sell Hungary-based hematology analyzer systems manufacturer Diatron Group to Germany-based clinical diagnostics and biotechnology company STRATEC Biomedical. Riverside originally invested in Diatron in 2005. Diatron develops, manufactures and markets compact hematology analyzers for the human medical and veterinary markets. Financial… Read More
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