CEE
The Deals Pipeline
A fortnightly highlight of deal processes underway and involving PE, either on the buy- or sell-side, across Europe
Private equity seeks solutions to uncertainty as coronavirus derails buyouts
Dealmakers are trying to keep the buyout show on the road as the coronavirus crisis overtakes the European market
Coronavirus outbreak could lead to fundraising logjam, PE players warn
Industry participants contacted by Unquote expect negative ramifications for fundraising as well as deal-making activity
Enern nears close for VC fund, on road for growth vehicle
While the VC fund is largely committed, Enern is still open to hearing from interested parties
Secondaries deal volume up 7% in 2019 – research
Setter Capital's latest research reveals continued momentum in private equity secondaries, with 2020 set to be another record year
OTB Ventures closes debut fund on $100m
Fund deploys equity tickets of up to $15m in technology startups based in central and eastern Europe
Q4 Barometer: Continued buyout bonanza tops record-breaking year
Private equity investors completed 807 deals in Q4 2019, tipping the year into record-breaking territory
KKR closes Global Impact Fund on $1.3bn
Fund targets lower-mid-market companies in the Americas, Europe and Asia, which contribute to sustainable development
Springtide, MCI exit Geewa
Geewa's founder and shareholder, Milos Enderle, also sold his remaining 6% stake in the company
INVL closes Baltic Sea Growth Fund on €165m
Fund's predecessor, Invalda INVL, recorded an average 27% gross IRR and 2.4x money
Mercer closes Private Investment Partners V on $2.7bn
PIP V consists of a US vehicle for US investors and a Luxembourg vehicle for non-US investors
PVP fully acquires Avenir Medical Poland
In May 2018, PVP acquired an initial 56% stake in AMP from the company's founders
Direct lenders eye secondaries market for first-gen funds
Several European direct lenders are speaking to secondaries advisers about running processes on older vintage funds
RSBC acquires 50% stake in Umbrella
Pavel Steiner will remain CEO of Umbrella Invest Group, which will now operate under the new name
Highlander exits Akomex in management buy-back
Mezzanine Management, which is currently investing from its AMC IV fund, backs the management
Stirling Square closes fourth fund on €950m
Fund targets buyouts in European mid-market companies with enterprise values of тЌ50-500m
GreyBella Capital to launch new fund by mid-2020
Fund targets series-A and -B rounds in companies operating in life sciences and complex technologies
BHS acquires DCK Holoubkov Bohemia
With the capital injection, the company plans to exploit the export potential and expand the product range
Horizon buys 6.8% stake in Bucharest-listed Purcari Wineries
Horizon Capital is currently investing from EEGF III, its 2017-vintage $200m fund
Avallon holds €80.6m first closing for third fund
Fund completed its first deal, backing Poland-based household cleaning products manufacturer Clovin
RDIF et al. in Carprice, Travelata, Elementaree
RDIF is injecting capital jointly with its Russian, French and Middle Eastern partners
EI sells Danwood to trade for €140m
Enterprise Investors wholly acquired the company in a carve-out from Budimex in December 2013
Unquote Private Equity Podcast: the Review/Preview special
In this special bumper episode, the Unquote editorial team does a deep dive on key 2019 stats in each market
Sequoia leads $45m series-B for Productboard
Round also saw participation from Bessemer Venture Partners and existing investors