BaltCap, a private equity and venture capital firm focused on the Baltic countries, has agreed to acquire a 56 percent stake in Estonia-based dental care company Dental Invest Estonia (DIE). With BaltCap’s support, DIE intends to expand its service offerings and network of clinics. Separately, BaltCap has agreed to acquire… Read More
Horizon Capital, a private equity fund manager that focuses on investments in mid-cap companies in the CEE and CIS region, will sell its entire stake in Ukraine-based IT service provider Ciklum to the Ukrainian Redevelopment Fund, a fund managed by private investment advisor Soros Fund Management. Horizon Capital originally invested… Read More
Global private equity firm Warburg Pincus has agreed to invest in Poland-based pharmacy company Apteki Gemini. The new capital will be used to expand the company’s traditional and e-commerce business. Financial details of the transaction, which is subject to regulatory approval, were not disclosed. Separately, Warburg Pincus-backed China Huarong Asset… Read More
Mid Europa Partners, a private equity firm focused on Central Europe and Turkey, has agreed to increase its stake in Czech Republic-based consumer healthcare company Walmark to 100 percent. Mid Europa, which originally acquired a 50 percent stake in the company in 2012, is buying the remaining stake from the… Read More
NBK Capital Partners, a private equity and mezzanine fund manager focused on the Middle East and North Africa region, has sold its stake in Turkey-based Kiliç Deniz, an aquaculture company that specializes in sea water and fresh water fish production. The transaction was structured through NBK Capital Equity Partners Fund… Read More
Central and Eastern Europe-focused private equity and venture capital firm Enterprise Investors has agreed to acquire Poland-based software company SMT Software Services for EUR36.1 million (approximately US$41 million), in a carve-out transaction from Poland-based holding company SMT. The transaction will be structured through Enterprise Investors’ Polish Enterprise Fund VII. Enterprise… Read More
21 Concordia, the Poland-focused arm of private equity firm 21 Partners, has held a second and final close for its debut fund with EUR100 million (approximately US$113 million) in capital commitments. The fund focuses on investments in small and medium-sized companies with annual revenues between EUR10 million to EUR50 million… Read More
Global private equity firm J.C. Flowers has agreed to acquire a 25 percent stake in Romania-based lender Banca Comercială Carpatica from existing shareholders. The transaction will be structured through J.C. Flowers III. J.C. Flowers additionally expressed interest in subscribing to a private placement in the company to further increase its… Read More
Russia and CIS-focused private equity firm Baring Vostok Capital Partners and global private equity firm Capital Group Private Markets have fully exited their stakes in Russia-based auto leasing company Europlan as part of Russia-based lender B&N Bank’s 100 percent acquisition of the company. Capital Group’s exit was structured through Capital… Read More
Emerging markets (EM) venture capital (VC) activity—in terms of number of deals completed and total capital invested, and as a percentage of overall EM private investment activity—reached record highs in 2014 and showed no signs of slowing down in the first half of 2015. Fund managers completed 472 investments… Read More
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