Central and Eastern Europe-focused private equity firm Enterprise Investors (EI) has invested in Polish radiotherapy center operator Nu-Med Group. Nu-Med, which started radiotherapy operations in January 2013, offers oncology treatments through a 25-bed facility equipped with three linear accelerators. Financial details of the transaction, which was structured through EI’s… Read More
Polish private equity and venture capital firm Enterprise Investors has invested EUR2.2 million (approximately US$2.9 million) in EP Serwis, a Polish manufacturer and service provider for wooden pallets. EP Serwis intends to accelerate its growth through investments in system development and pallet pool expansion. Enterprise Investors structured the investment… Read More
Lithuania-focused growth capital firm LitCapital has signed an agreement to invest up to EUR3 million (approximately US$3.9 million) in Lithuanian optical technology company Altechna for a minority stake. Altechna manufactures and supplies products in the fields of general optics, optoelectronics and laser components, and the investment is intended to… Read More
LitCapital Asset Management, an independent private equity firm investing in expansion-stage Lithuanian companies, has signed an investment agreement with Baltic Bicycle Trade, a Lithuania-based manufacturer and retailer of electric bicycles. LitCapital will invest between LTL5 million and LTL10 million (US$1.9 million and US$3.8 million) into the company to finance… Read More
Russia-based online hotel reservations service Oktogo has raised US$11 million in venture capital funding from VTB Capital, the investment arm of Russia’s VTB Group, France-based Ventech Capital, Luxembourg-based Mangrove Capital Partners and Russian internet entrepreneur Victor Sazhin’s eponymous investment group. Oktogo will use the funds to invest in brand… Read More
Genesis Capital, a Czech Republic-based private equity firm, has acquired an 80 percent stake in Czech advertising and printing solutions provider HSW Signall. Genesis Capital, which made the investment from its Genesis Private Equity Fund II, acquired the stake from Neschen Benelux, HSW’s Netherlands-based supplier, and purchased an additional… Read More
Central and Eastern Europe-focused private equity firm Abris Capital Partners has closed its second fund, Abris II, with EUR450 million (approximately US$586 million) in commitments. The fund, which was originally targeting EUR400 million (approximately US$521 million), received commitments from 21 institutional investors from Europe and abroad. Abris seeks to… Read More
Rudolf Weinberger Holding, the parent company of Austrian roll foundry Eisenwerk Sulzau-Werfen R. & E. Weinberger (ESW), has acquired a 100 percent stake in Polish manufacturer DONAKO from Central and Eastern Europe-focused private equity firm Innova Capital and Germany-based investment company Zeleznik Industrie Consulting. DONAKO produces high precision laminates… Read More
Russian venture capital firm Runa Capital has invested US$8 million in Series A funding in uBank, a Russian developer of payment services for mobile devices. The service allows users to pay bills and transfer funds from smartphones or personal computers. uBank plans to expand its coverage to other CIS… Read More
Russia and CIS-focused private equity firm Elbrus Capital has agreed to purchase Russia-based document storage and records management company OSG Records Management from private equity investor Aurora Russia. OSG Records Management operates in Russia, Ukraine, Kazakhstan, Poland and other countries in Eastern Europe. Financial details of the transaction were… Read More
(default archive template)