CEE
Livonia reaps 2x on exit of legacy asset Archyvų Sistemos
Baltic archiving services company was a legacy asset from a portfolio that pre-dated Livonia’s maiden fund
MCI makes 11x on €76m Invia exit to Rockaway
Polish-Czech GP says the exit marks the highest return on a single investment in its fund’s history
Providence buys Starman from East Capital for €210m
Baltic TV and broadband buyout comes two months after SBO of Baltic mobile network operator Bite
Catalyst backs Smart Bill
Catalyst Romania Fund and Gecad Group back Romanian cloud invoicer Smart Bill with €1m
Cornerstone, Oaktree buy Poland's ProService from Highlander
Deal sees the US-based investor team up with local GP Cornerstone Partners for the Polish SBO
21 Partners' Poland fund acquires Hollywood
Laundry service acquisition is the fourth buyout for the Poland and Czech Republic-focused €100m vehicle
Union Square backs Jobbatical's €1.9m series-A
Jobbatical, an Estonian platform for global tech jobs, has raised €1.9m from Union Square Ventures, Local Globe and SmartCap.
Value4Capital to launch €150m fund
Latest fund would build on its predecessor’s strategy and target buyouts in Poland and CEE
Western Balkans buyout activity likely to remain sporadic
Stronger links between the Balkan countries will help investment, but PE dealflow will likely remain patchy
3TS in $6m round for Polish marketing startup SalesManago
Fresh venture funding will support the company’s continued European expansion
Latvian VC Skillion Ventures leads €2m round for Mintos
Peer-to-peer lender claims to have lent in excess of €15m through its platform in the last 12 months
Warburg Pincus appoints Mergin as senior adviser in Turkey
Former bank CFO will assist in deal sourcing and due diligence for US firm in Turkey
Rockaway leads $2m investment in Albanian website Gjirafa
Czech and US-based firm claims round is first ever tech investment in Albania region
Genesis hires Kvíčala and Hýla
Czech investor adds members to funds and advisory teams
Deal in Focus: Livonia makes maiden deal with Ha Serv
Estonian wood products company becomes first acquisition from Baltic GP’s inaugural fund
Karma Ventures holds €40m first close for maiden fund
The Taliinn-based VC firm is backed by part of Skype’s founding team
Q4 Barometer: Record value in 2015 despite end-of-year dip
Fewer deals but higher aggregate value in 2015 meant the average deal value jumped by a whopping 53%
In Profile: ArchiMed
unquote" takes a closer look at healthcare-focused private equity firm ArchiMed, which closed its fund on тЌ150m in June
CEE makes strong start to 2016 despite lack of LP attention
Private equity firms complete five buyouts and four exits in January 2016 alone
Mid Europa promotes seven
Kozlowska-Login and Habanova to become associate directors at the CEE-focused investor
LitCapital sells Putoksnis stake to chairman Stulpinas
Lithuanian GP exits its stake in the struggling manufacturer of PET packaging to its majority shareholder
TA Associates takes minority stake in Eurowag
US-based GP makes foray into the Czech Republic with investment in logistics payments provider
Highlander takes 60% stake in QFG
Deal continues flurry of activity in Poland for the GP, having completed two exits in the past week
Highlander sells Poland's Medi-system to Orpea
GP exits 50% stake in Polish care provider to Paris-listed trade buyer Orpea