CEE
Abraaj holds $526m final close for 1st Turkey-focused fund
GP has held a final close of its first dedicated Turkey vehicle, Abraaj Turkey Fund I
Mid Europa appoints two managing partners
Knorr and Strassberg take reins as Baudon steps down to become executive chair
Carlyle's Comdata buys Turkish peer Win Bilgi Iletisim
Deal follows the recent bolt-on acquisition of Spanish competitor Digitex in February 2016
Arx Equity holds €54m first close for Arx CEE IV
CEE-focused private equity firm raises €54m at first close for Arx CEE IV
CVC's Avast in $1.3bn bid for AVG
Antivirus software developer, formerly owned by Enterprise Investors, is to be acquired by its Czech competitor
Mezzanine Management seeks €250m for fourth fund
Alternative lender seeking тЌ40m commitment from EBRD for CEE-focused fund
CEE exit pace rebounds on strong macro
So far in 2016, unquote” data has recorded the highest volume of exits in H1 since 2013
CVC closes latest debt fund on €650m
Vehicle will target European stressed and distressed corporate credit
Cinven's sixth buyout fund holds final close on €7bn
Vehicle will make тЌ150-600m investments across Europe, the US and Asia
BaltCap's EKT bolts on Jaakson Linnahooldus
Add-on acquisition comes six months after the GP took a 75% stake in EKT
Abris sells Novago to Chinese industrial investor for PLN 550m
China Everbright International will acquire Poland-based waste-to-energy group Novago
Addventure leads $3.2m series-A for Armut
Existing seed investor Hummingbird Ventures participated to the series-A funding round
Mid Europa increases holding in Waberer
GP ups its stake in the business after a five-year holding period
Enterprise Investors in €12.3m Nortal exit
Polish GP sells minority stake back to founders and management for milestoned purchase price
BC-backed Migros acquires Tesco's Turkish shops for TL 302m
GP retains a 40.25% stake in the Turkish retail chain following a partial sale in January 2015
Genesis buys Quinta-Analytica
Buyout marks the first deal for the €80m Genesis Private Equity Fund III fund
BPM backs MBO of Optometrijas
Poland- and Estonia-based BPM is backed by the Baltic Innovation Fund
CEE private equity confidence rebounds
Despite low dealflow in 2015, PE confidence in central, eastern and south-eastern Europe is rebounding to more normalised levels
Target Global and EBRD in $20m series-C for DocPlanner
In addition to raising capital, the Polish startup will merge with Spanish competitor Doctoralia
Abraaj takes minority stake in Fibabanka
CEE-focused GP will join existing backers International Finance Corp and EBRD
Innova Capital sells Marmite stake to Cranemere
Innova invested via its Innova 4 and 5 funds in 2010, acquiring a 70% stake in the group
Bridgepoint acquires Peyman
Turkish nuts, seeds and dried fruit market is estimated to be worth €2bn
Livonia makes 10x on Qvalitas sale to BaltCap
Baltic GP earns 44% IRR over seven years on exit of final legacy portfolio asset
Innova, HarbourVest et al. in €100m Benestra exit
SBO means a final exit for the PE consortium that purchased central European telco GTS in 2008