Baltics
Ardian-backed Ionisos buys Scandinavian Clinics Estonia
Company intends to develop through organic growth and further acquisitions
Providence in €115m buyout of Baltic broadcaster MTG
Vendor is Swedish broadcasting company Modern Times Group, which is listed on Nasdaq OMX Stockholm
BaltCap backs Sanoma Baltics MBO
Previous owner Sanoma Media Finland reaps €10m in proceeds from the sale
Baltic VCAs band together to form regional association
The three Baltic countries’ lobbying organisations have joined forces to promote the industry
Enterprise Investors in €12.3m Nortal exit
Polish GP sells minority stake back to founders and management for milestoned purchase price
Livonia makes 10x on Qvalitas sale to BaltCap
Baltic GP earns 44% IRR over seven years on exit of final legacy portfolio asset
Practica Capital invests €1.5m in East West Agro
Deal includes €4.5m financing package from Swedbank’s Baltic division
Livonia reaps 2x on exit of legacy asset Archyvų Sistemos
Baltic archiving services company was a legacy asset from a portfolio that pre-dated Livonia’s maiden fund
Providence buys Starman from East Capital for €210m
Baltic TV and broadband buyout comes two months after SBO of Baltic mobile network operator Bite
Latvian VC Skillion Ventures leads €2m round for Mintos
Peer-to-peer lender claims to have lent in excess of €15m through its platform in the last 12 months
Deal in Focus: Livonia makes maiden deal with Ha Serv
Estonian wood products company becomes first acquisition from Baltic GP’s inaugural fund
Karma Ventures holds €40m first close for maiden fund
The Taliinn-based VC firm is backed by part of Skype’s founding team
LitCapital sells Putoksnis stake to chairman Stulpinas
Lithuanian GP exits its stake in the struggling manufacturer of PET packaging to its majority shareholder
Building Baltic bridges vital to region’s buy-and-builds
Strategies to build out portfolio companies into neighbouring countries could provide welcome growth
BaltCap acquires 56% of DIE
Balance of shares to be held by management and key employees
BaltCap’s Impuls expands with Arctic Sport Clubs bolt-on
Bolt-on comes four years after BaltCap first backed Impuls
Bright future: Investment opportunities in Estonia
Success of Estonian startups could see larger deals and funds for the Baltic countries
Livonia Partners holds €70m first close for inaugural fund
Fundraise exceeds first-close target by €20m