CEE
Russia Partners launches RP IV fund
Russia Partners is fundraising for its new Russia Partners IV (RP IV) vehicle with a target of $750m and a commitment from the International Finance Corporation (IFC).
Index and Earlybird invest $26m in Socialbakers
Index Ventures has led a $26m series-C funding round for Socialbakers, a Czech Republic-based social analytics company, alongside existing backer Earlybird Venture Capital.
TPG's Lenta to raise up to $1bn in IPO
Russian hypermarket chain Lenta, backed by TPG Capital and VTB Capital Private Equity, plans on raising up to $1bn in its IPO on the London Stock Exchange and Moscow Exchange.
Accel-backed GetJar sold in trade sale
Accel Partners-backed GetJar, a Lithuanian app recommendation business, has been sold to Chinese mobile company Sungy Mobile for $5.3m in cash.
CEE: Activity picks up despite ongoing fundraising woes
An uptick in dealflow in the second half of last year has left local players hopeful for a more sustained recovery. Greg Gille reports
Rekindling VCs' passion for online dating
As the internet dating industry enjoys its busiest period, with singletons rushing online to prevent a lonesome Valentineтs Day, Ellie Pullen asks if European venture is ready to rekindle its romance with the sector
Elbrus hits $550m hard-cap
Russian buyout house Elbrus Capital has held a final close for Elbrus Capital Fund II on its $550m hard-cap.
Intel invests $10m in Mango Telecom
Intel Capital has injected $10m into Mango Telecom, a Russian provider of a business communications software-as-a-service (SaaS).
Intel, Practica back CGTrader
Intel Capital and previous backer Practica Capital have invested in CGTrader, a Lithuanian 3D model marketplace.
DVCM acquires IT Invest
Da Vinci Capital Management (DVCM) has acquired a 63% stake in Russian online broker IT Invest and increased the company’s capital to RUB 350m.
Arx and Darby acquire Gramex
Arx Equity Partners and Darby Private Equity have acquired Hungarian bottle manufacturer Gramex 2000 Kft.
Mid Europa sells TMCZ for €828m
Mid Europa Partners has sold its 39.23% stake in T-Mobile Czech Republic (TMCZ) to Deutsche Telekom for a total consideration of €828m.
Syntaxis invests in BIK Brokers
Central European mezzanine provider Syntaxis Capital has invested in Polish motor insurance business BIK Brokers.
Q4 Barometer: dealflow bounces back
Following a weak Q3, the final months of 2013 marked the strongest quarter of the year, according to the latest unquoteт Private Equity Barometer, published in association with SL Capital Partners.
VIYM invests in Semeiny Doktor
Russian firm Venture Investments & Yield Management (VIYM) has acquired a significant stake in Semeiny Doktor, a Russian chain of family medical clinics.
BaltCap Fund II reaches first close
BaltCap has held a first close for its latest fund BaltCap Private Equity Fund II (BPEF II) on €50.6m, with subscribed commitments of €63m.
CVC in $1bn Avast deal
CVC Capital Partners has backed Prague-based consumer security software company Avast in a deal that values the business at $1bn.
VC-backed Blablacar.com buys Podorozhniki
Accel Partners- and Isai-backed Comuto, the operator of French carpooling site Blablacar.com, has acquired Ukraine-based Podorozhniki as part of its services launch in Ukraine and Russia.
Insight leads $27m round for Vinted
Insight Venture Partners and Accel Partners have taken part in a $27m series-B funding round for Vinted, a Lithuanian mobile marketplace platform for second-hand clothing.
Mid Europa promotes six
CEE-focused firm Mid Europa Partners has promoted six team members.
BaltCap exits Primekss
BaltCap has sold its entire stake in Primekss, a Latvian industrial flooring specialist.
RDIF and EBRD back Cotton Way
The Russian Direct Investment Fund (RDIF) and the European Bank for Reconstruction and Development (EBRD) have invested RUB 3.6bn ($109m) in Cotton Way, a Russian textile and laundry rental company.