CEE
IK sells Axtone in trade sale
Rail buffer manufacturer is one of the last assets in the GP’s IK 2004 fund
Mid-market consumer deals drive Turkish PE activity
As geopolitical developments impact the macroeconomic outlook, investors are banking on the resilient demand for everyday consumer goods
Turkey gets back to business
Despite geopolitical uncertainty, LP appetite for Turkey-dedicated funds remains strong as activity in the country continues to pick up
Baring Vostok and Elbrus fuel Busfor with $20m round
Online bus ticket vendor will look to expand in the Belarusian and Kazakh markets
Genesis exits Swell in trade sale
With the management also selling its minority stake, Altran becomes the sole owner
3TS injects €5.5m into H88
As part of the deal, the web hosting company purchased Polish competitor Domeny
CEE could arrest exit flow decline in 2016
Region is seven exits short of exceeding 2015’s total for PE- and VC-backed exits
Cinven, Permira and Mid Europa in $3.25bn Allegro buyout
Deal marks one of the largest transactions in the CEE region since the global financial crisis
Krokus makes 3.5x on final exit from Polwax
Private equity firm sells final shareholding in Warsaw-listed paraffin producer
Livonia Partners buys garden centre Hortes
GP completes second buyout from maiden vehicle with Estonian retail business
CVC and Summit's Avast in $1.3bn deal for TA's AVG
Bolt-on is first major acquisition for Avast since being bought by CVC in 2014
Black Pearls hires Pągowski as venture partner
VC hopes the appointment will strenghten its potential in the IT projects field
Romanian buyout activity shows no signs of picking up
Macroeconomic factors, combined with a dearth of dealmakers, are limiting the growth potential of Romanian private equity
Czech GP Genesis hits €80m hard-cap for third fund
Prague-based private equity fund held a first close on €44.7m in August 2015
Enterprise buys Intersport from Mercator for €34.5m
GP acquires the Balkan operations of the sporting goods retailer in a corporate carve-out
Genesis Capital sells AZ Klima in trade sale
Exit to trade buyer ČEZ Esco sees the second Genesis fund sell its entire shareholding in AZ
Global Finance exits TotalSoft in €30m deal
Transaction had an enterprise value of €30.25m and trade buyer paid an entry multiple of 8.6x
Polish buyouts keep CEE afloat
Poland has established itself as the largest buyout space in CEE
Scoro raises $1.9m seed funding from Inventure et al.
London-based startup was founded in Tallinn, Estonia
Post-communist succession driving Czech dealflow
First generation of entrepreneurs that followed the fall of the Soviet Union look for new owners
Q2 Barometer: European buyout activity rebounds
European deal volume reached its highest total in six quarters, while aggregate value increased by 80% compared to Q1 levels
EBRD, Goldman Sachs and Credit Suisse invest $150m in TFI
Consortium will acquire a stake through a $150m bond issue by the Turkish fast food franchise operator
Genesis Capital completes Roltechnik trade sale
Exit to German trade buyer Roth Industries brings to an end eight years of Genesis ownership
Abris buys Green Group
EBRD and Global Finance exit the business after investing €23.5m in 2011