CEE
RUSSIA - Quadriga Capital Russia portfolio company Akella sells studio
Akella , a portfolio company of Quadriga Capital Russia and Intel Capital , has sold its “Sea Dog” in-house development studio to Prague-based 1C Publishing. The acquired team has worked on Xbox games including Sea Dogs, Pirates of the Caribbean and...
ROMANIA - Global Finance and 3TS invest in Gecad Technologies
Global Finance , 3TS-Cisco Growth Fund III and several other undisclosed investors have invested EUR 2m in Gecad Technologies, the company behind the AXIGEN mail server software. Radu Georgescu, who is the founder of the company, retains 88.24% of shares...
POLAND - Innova Capital invests in mortgage brokerage business Expander
Innova Capital has invested in Polish mortgage brokerage and distributor Expander. Innova/4 LP, a fund advised by Innova Capital, will acquire 60% of the shareholding in Expander with the remaining stake being retained by GE Money .
POLAND - Bridgepoint acquires CTL Logistics
Bridgepoint has acquired CTL Logistics, a private rail logistics company and one of the largest private rail operators in Europe, from its founder Jaroslaw Pawluk. The financial details of the transaction were not disclosed. Debt was provided by ING...
BALTIC - BaltCap acquires remaining stake in itself
The management of Baltic private equity firm BaltCap have acquired the remaining stake in the firm from Evli Group and CapMan. Previously Evli and CapMan had been minority shareholders in BaltCap.
EUROPE - Family offices back private equity
A new study by the European Venture Capital and Private Equity Association (EVCA) and the IMD Business School of Lausanne shows that family offices have become an integral part of the European private equity investor community and that a trend of increasing...
CEE - Mid Europa appoints three new partners
Mid Europa Partners, the largest private equity firm focused on buyouts in Central Europe, announced today the appointment of Robert Knorr, Zbigniew Rekusz and Matthew Strassberg as partners. Knorr joined Mid Europa in 1999 and is based in London. He...
POLAND - bmp Media Investors and Mangrove invest in Republika Kobiet
bmp Media Investors and Mangrove Capital Partners have each taken 17.5% of shares of Republika Kobiet.pl, which aims to build a web 2.0 lifestyle portal targeted at women. The deal represents Mangrove's first investment in Poland.
POLAND - Carlyle expands CEE team with three new hires
Carlyle has expanded its Central and Eastern European team in Poland hiring three private equity professionals. Janusz R. Guy, managing director, Aleksander Kacprzyk, director, and Piotr Nocen, director, are to join the team.
EUROPE - WINNERS ANNOUNCED for Nordic unquote" Private Equity Awards
Nordic unquoteт is delighted to announce the winners of its second awards for Nordic Private Equity, held last night at the Grand Hotel, Stockholm. The event immediately followed on from a day-long Congress dedicated to discussing developments in the...
CEE - Enterprise Investors sells Romanian supermarket chain to Carrefour
Enterprise Investors ’ Polish Enterprise Fund V has sold 100% of Romanian retail chain Artima to French retailer Carrefour. The transaction valued the company at EUR 55m, which represents an investment multiple of more than 3x. The transaction will close...
UK/EUROPE - Bank of Scotland merges UK and European leverage finance teams
Bank of Scotland Corporate has merged its UK structured finance and acquisition finance teams with its European leveraged finance business to create a single leveraged finance business that will operate on a pan-European basis.
EUROPE - NEXT WEEK: Nordic unquote" Congress & Awards
Join unquoteт next Tuesday evening in Stockholm for the second annual Nordic Private Equity Awards. The event brings together industry luminaries to celebrate innovation and accomplishment in the Nordic private equity market. Places are still available...