Central and Eastern Europe-focused private equity and venture capital firm Enterprise Investors has agreed to acquire a 19 percent stake in JS Hamilton Poland, a Poland-based provider of laboratory analysis and inspection services, for EUR8 million (approximately US$9.8 million). The transaction, which is conditional upon regulatory approval, will be structured… Read More
NBK Capital’s Alternative Investments Group, a private equity and mezzanine fund manager in the Middle East and North Africa, has acquired a 51 percent stake in Turkey-based digital signage company Sistem-9 Medya. The transaction was structured through NBK Capital Equity Partners Fund II. Financial details of the transaction were not… Read More
Darby Private Equity, the private equity arm of Franklin Templeton Investments, has acquired a majority interest in Latvia-based construction and industrial equipment rental company Storent Holding. Darby’s investment will be used by Storent, which currently operates 23 rental depots across Latvia, Lithuania and Estonia, to develop its equipment fleet and… Read More
Emerging markets-focused investment firm The Rohatyn Group (TRG) has sold its 37 percent stake in Bulgaria-based pharmaceutical company Huvepharma to Advance Properties, an investment holding company controlled by the Domuschiev family. The transaction was structured through TRG Growth Fund II. Huvepharma focuses on developing, manufacturing and marketing animal health and… Read More
A consortium of investors led by Russia and CIS-focused private equity firm Elbrus Capital has agreed to acquire Russia-based online recruitment company HeadHunter from London-listed Russian internet company Mail.Ru Group for RUR9.85 billion (approximately US$208 million). Following the deal, the company intends to build up its mobile platform, launch new… Read More
Enterprise Investors, a Central and Eastern Europe-focused private equity firm, has partially exited Poland-based asset management business Skarbiec through an IPO on the Warsaw Stock Exchange. The transaction generated proceeds of EUR10.2 million (approximately US$12.7 million), with Enterprise Investors listing a 20 percent stake of the company and retaining a… Read More
Global private equity firm Advent International and development finance institution European Bank for Reconstruction and Development (EBRD) have agreed to acquire Hypo SEE Holding, the Balkan-focused banking unit of Austria-based bank Hypo Alpe-Adria-Bank International. Advent will pay a reported EUR100 million (approximately US$127 million) for the unit, which owns banks… Read More
Russia-focused private equity firm CapMan Russia, a subsidiary of Finland-based fund manager CapMan Group, has acquired a 40 percent stake in Russia-based Kidburg, an operator of children’s educational entertainment services. The transaction was structured through CapMan Russia II and is intended to support the company’s further expansion in Russia. Kidburg… Read More
Global private equity firm Summit Partners has agreed to sell its stake in Bulgaria-based provider of application development tools Telerik to NASDAQ-listed software company Progress Software. This is part of a larger transaction in which Progress Software has agreed to acquire Telerik for US$262.5 million. Summit Partners originally acquired a… Read More
Emerging markets-focused private equity firm Wolfensohn Capital Partners (WCP), mid-market private equity firm Innova Capital and development finance institution European Bank for Reconstruction and Development (EBRD) have agreed to sell a 97.9 percent stake in Poland-based retail bank Meritum Bank to Poland-based retail and corporate banking institution Alior Bank for… Read More
(default archive template)