CEE
Abraaj CFO leaves firm
Abraaj Group confirmed that Ashish Dave is no longer with the investment firm
John Holloway moves onto new role at EIF
Holloway will look after a new initiative involving fundraising from the private sector
EI's Novaturas sets share price for Warsaw and Vilnius IPO
Enterprise Investors holds a 70.7% majority stake via its Polish Enterprise Fund VI
Accel leads $153m series-B round for UiPath
Fresh capital will be used to accelerate the product offering, in addition to opening new offices
LP direct investment: straight to the source
Limited partners are striking out on their own to source their investments directly, with numeorus new strategies emerging
Mid Europa buys MediGroup from Blue Sea Capital
Seller Blue Sea Capital, which established MediGroup in 2013, will retain a 45% stake
Abris acquires majority stake in Velvet Care from Avallon
Abris deployed capital from its latest CEE Mid-Market III fund to secure the investment
Innova partially exits Profim to Triton-backed Flokk
Deal comes less than a year after Innova bought a 75% stake in Profim in May 2017
Large-cap deals drive strong start to 2018 for European PE
GPs deploy an extra тЌ7bn in aggregate value across European buyouts in the first two months of the year compared to 2017
Enterprise Investors-backed Novaturas readies for IPO
Offered shares represent 50% of the company's total capital, with Enterprise intending to retain a stake
Abraaj suspends private equity funds as founder steps down
CEO and founder Arif Naqvi passed the fund management reins to two co-chief executives
Mezzanine Management backs Nettle with PLN 100m
Investment has been structured as a capital increase in the company and long-term mezzanine loan
Enterprise Investors targeting Warsaw IPO for Danwood
If approved by the Polish regulator, Danwood would be listed in the second half of this year
European PE in 2017: Scaling new heights
Buyout activity and fundraising reached a new peak in 2017, with mega-buyouts and small-cap deals fueling dealflow and French funds popular among LPs
Genesis, Avallon acquire Triton-backed Eqos Energie operations
Once completed, the Czech and Polish companies will operate under the new brand Stangl Technik
Q4 Barometer: Deal volume and aggregate value slide
Despite a boom in both dealflow and aggregate value across 2017 as a whole, the final quarter of the year saw a slowdown in activity
CEE mid-market players welcome renewed attention from larger GPs
Focusing on the mid-market pays off, as renewed interest from international sponsors affords interesting SBO opportunities
Turkven to raise fourth fund in H2 2018
Fund is a follow-up to the current fund, Turkish Private Equity Fund III, which held a final close in 2012 on $840m
Turkven completes Medical Park listing on Borsa Istanbul
Turkish GP made a full exit, selling 72.8 million shares in the offering at 19 lira apiece
CalSTRS looks to widen co-investment and direct investing
US LP, worth $224.8bn, is consulting on setting up direct investment capabilities
Marathon holds €32m second close for seed fund
Latest investors in the fund include the European Investment Fund and Athens-based Equifund
Eurazeo-backed Asmodee buys Rebel
Following the deal, Asmodee will use Rebel's product catalogue to access the Polish games market
Tera Ventures to raise €55m for second seed fund
Early-stage venture capital investor intends to hold a first close for the fund in 2018
Mid Europa Partners promotes Babache
Andrej Babache becomes a partner at the CEE-focused firm, which he joined in 2006