CEE
Mid Europa buys Intive from Enterprise Investors
Enterprise initially invested in BLStream, then backed SMT Software Services, and built up the group
Mezzanine Management closes fourth fund on €264m
Central-Europe-focused mezzanine specialist raises its largest ever vehicle, banking on support from local LPs
Lakestar holds first closes totalling €375m
Lakestar III targets early-stage investments and Lakestar Growth I backs larger rounds
Q&A: Hermes GPE's Elias Korosis
Unquote speaks to the LP's head of growth investing about gaining access to the best deals and being a good partner to GPs
Average holding period stays high as quick exits lag
Lower proportion of deals are being exited within three years, and more after seven years
Ukraine-based Horizon Capital's Rozetka bolts on Evo
E-commerce specialist Rozetka, owned by Horizon Capital since 2015, bolts on Evo
Q3 Barometer: European PE's strongest third quarter
European market had its most active third quarter on record in 2018 in terms of dealflow
Innova and Solter invest in Oshee Polska
Poland-based isotonic and mineral drinks producer will pursue an acquisitive growth strategy
Investindustrial's Benvic bolts on Alfa PVC
Company will continue to be managed by its current CEO and co-founder Andrzej Trebicki
Value4Capital acquires Kom-Eko from Royalton
Capital was deployed from V4C Poland Plus Fund alongside participation from co-investors
Single-asset funds afford slow and steady pace
When a fund approaches the end of its lifespan, transferring the last remaining investment into a new vehicle is proving increasingly popular
EI buys stake in Anwim
Investment will be used to finance expansion for Anwim, including the development of its Moya chain
BaltCap invests in Kool Latvija
Investment is drawn from BaltCap Growth Fund, which is currently fundraising with a €50m target
Livonia Partners leads $5.2m series-A for Scoro
Previous backers Inventure and Tera Ventures also take part in the funding round
Abris sells Kopernikus Technology to trade
Sale ends a two-year holding period for Abris, which bought the company via its third fund
Jet closes second fund on CZK 4bn
Jet II is the largest private equity fund in the Czech Republic that is open to international LPs
European VC fundraising continues strong showing
VC fundraising totals over 2016-2017 marked a healthy increase of nearly 50% on the amounts raised in the previous two-year period
Horizon backs confectionery maker Yarych
Horizon is currently investing from its $150m Emerging Europe Growth Fund, closed in 2016
Abris buys CADM Automotive for PLN 42.5m
Abris draws capital from Abris CEE Mid Market Fund III to finance the transaction
Pera targets €100m for second fund
New fund will follow the strategy of its predecessor, investing in the Turkish lower-mid-market
PIF commits $500m to RCIF
RCIF is currently considering investing in more than 20 projects, valued at $1bn
CEE fundraising landscape in flux
Despite strong activity in 2017, the fundraising landscape means smaller fund managers are struggling to reach their targets
Mezzanine Management backs Optimapharm with €10m
Transaction marks Mezzanine Management’s first investment in the Croatian market
BaltCap exits InMedica to INVL
Deal marks the seventh exit for BaltCap this year, and the fifth exit for the Lithuania SME Fund
