Global investment firm Kohlberg Kravis Roberts & Co. (KKR) has agreed to sell its stake in Turkey-based ferry operator U.N. Ro-Ro Isletmeleri to private equity firms Esas Holding and Actera Group. The transaction amount is reported to be around EUR700 million (approximately US$936 million). KKR originally acquired a 97.6 percent… Read More
Central and Eastern Europe-focused private equity firm Mid Europa Partners has reached a final close on its latest fund, Mid Europa Fund IV, with EUR800 million (approximately US$1.07 billion) in capital commitments. The fund will be complemented by an additional pre-allocated co-investment program of EUR650 million (approximately US$873 million). Read More
Central and Eastern Europe-focused private equity firm 3TS Capital Partners has invested US$7.2 million in Czech Republic-based multiscreen solution provider Visual Unity. The transaction was structured through 3TS-Cisco Growth Fund III. The company intends to use the funding to increase its sales efforts with the aim of expanding its… Read More
Central and Eastern Europe-focused private equity fund manager Abris Capital Partners has agreed to buy Romania-based courier service provider Urgent Curier. Abris plans to merge the company with its existing portfolio company Cargus International, a Romania-based domestic parcel shipping company, which it had acquired in October 2012. Post-merger, the… Read More
Central and Eastern Europe-focused private equity fund manager Abris Capital Partners has agreed to buy Romania-based courier service provider Urgent Curier. Abris plans to merge the company with its existing portfolio company Cargus International, a Romania-based domestic parcel shipping company, which it had acquired in October 2012. Post-merger, the… Read More
Syntaxis Capital, a provider of mezzanine financing in Central Europe, has supplied financing to support the management buyout of Romania-based oil and gas services business Expert Petroleum. The transaction was structured through Sytnaxis Capital’s second mezzanine fund. Expert Petroleum intends to use the financing for the development of production-enhancement… Read More
Lithuania-based Rewalon, a provider of corporate rewarding services and operator of gifting mobile app Gifty, has received a follow-on financing round from Lithuania-focused venture capital firm Practica Capital and venture capital fund Online Venture. Practica Capital’s investment was structured through Practica Seed Capital fund. Financial details of the transaction… Read More
Global private equity and venture capital firm iTech Capital has led a US$5 million Series B financing round in Russia-based e-commerce platform Ecwid. Existing investor venture capital firm Runa Capital also participated in the round. Ecwid, which allows retailers to create online stores and add them to web platforms,… Read More
Enterprise Investors, a Central and Eastern Europe-focused private equity firm, will invest EUR10.5 million (approximately US$14.4 million) in the development of radiotherapy centers in Poland. The funds will primarily be used for the construction of a radiotherapy center for cancer patients, in conjunction with local hospital Tomaszów Health Center,… Read More
Europe-focused venture capital firm Earlybird Venture Capital has invested in Turkey-based real estate listings platform Metrekare. The transaction was structured through Earlybird Digital East Fund. Separately, Earlybird has backed Romania-based online recruitment portal Tjobs. The fresh funding will support the company’s European expansion. Financial details of the two transactions… Read More
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