CEE
Union Square invests $2m in Zemanta
Union Square Ventures has backed Slovenia-based Zemanta with a $2m investment alongside angel investment fund Social Starts.
Warsaw-listed Budimex Danwood sold to Enterprise Investors for €57m
Enterprise Investors has wholly acquired Polish timber-frame home builder Danwood.
RDIF, CDC launch €1bn Franco-Russian vehicle
Russian Direct Investment Fund (RDIF) and Caisse des Dépôts International (CDC) have joined forces to launch the €1bn Russia-France Investment Fund (RFIF).
Elbrus Capital acquires Intercomp
Russian private equity firm Elbrus Capital has acquired business support services provider Intercomp.
RDIF et al. invest in Alrosa IPO
The Russian Direct Investment Fund (RDIF) has backed the IPO of Alrosa, a diamond sourcing company, which listed on Moscow exchange subsidiary CJSC MICEX Stock Exchange, valuing the company at $8.135bn.
BaltCap invests €1.5m in Stenders
Baltic private equity firm BaltCap has backed Stenders, a Latvian cosmetics franchise, with a €1.5m investment.
Innova creates GWP for PLN 375m
Innova Capital has bought Polish internet portal Wirtualna Polska (WP) and merged it with Grupa o2 in a transaction totalling PLN 375m.
Mid Europa's Diagnostyka buys Olympus Consilio
Mid Europa Partners-backed Diagnostyka has acquired Poland-based Olympus Consilio as part of the GP’s consolidation strategy of the laboratory market in the CEE region.
Prostor invests $2m in Smart Checkout
Prostor Capital has injected $2m into Smart Checkout, a Russian targeted promotion service provider for retailers.
Mid Europa's Alpha Medical buys Euromedic's laboratories
Alpha Medical, a provider of laboratory testing services backed by Mid Europa Partners, has acquired the Czech laboratory business of medical services provider Euromedic.
RCIF buys 42% stake in RFP Group
The Russia-China Investment Fund (RCIF) has acquired a 42% stake in forestry holding company Russian Forest Products Group (RFP).
Uxpin secures $700,000 from IDG Ventures et al.
Polish user experience design tool provider Uxpin has raised $700,000 from IDG Ventures, Innovation Nest and a number of Silicon Valley-based angel investors.
Mid Europa exits SBB/Telemach to KKR for €1bn
Mid Europa Partners has divested Serbian pay TV provider SBB/Telemach Group to KKR, reaping a 3x return on its original investment.
Runa Capital expands US presence with new hire
Russian venture capital firm Runa Capital has appointed Peter Bauert as partner to strengthen the firm’s presence and activities in the US.
PE-backed Yandex acquires KinoPoisk
Russian search engine operator Yandex, which is listed on Nasdaq and backed by UFG Private Equity, has acquired KinoPoisk, a Russian-language movie, television show and actor database.
Practica Capital invests in Trafi
Lithuanian venture capital firm Practica Capital has injected $500,000 into Trafi, a Lithuanian journey-planning application developer.
RITF invests $5m in LitRes
The Russian Internet Technology Fund (RITF), managed by Black River Ventures (BRV), has injected $5m into LitRes, a Moscow-based online retailer of Russian language e-books.
RDIF and Deutsche Bank invest $237.1m in Rostelecom
The Russian Direct Investment Fund (RDIF) and Deutsche Bank (DB) have teamed up to buy shares in listed Russian telecommunications company Rostelecom for $237.1m.
I2BF backs Dauria Aerospace with $20m
I2BF Global Ventures has supplied Dauria Aerospace, a Russian satellite manufacturer and services provider, with $20m for its series-B funding round.
3TS sells Avangate to Francisco Partners
CEE technology investor 3TS Capital Partners has sold its stake in Romanian software business Avangate to US VC Francisco Partners.
One Equity Partners et al. acquire Voltyre-Prom
One Equity Partners, the Russian Direct Investment Fund (RDIF) and trade player Titan International have acquired Voltyre-Prom, a Volzhsky-based agricultural tyre manufacturer.
Runa Capital invests $2m in Rocketbank
Russian VC Runa Capital has backed Rocketbank, a Russian mobile banking service provider, with a $2m investment.
Bridgepoint bites into Dr Gerard
Bridgepoint has bought Polish biscuit maker Dr Gerard from French firm Group Poult, backed by LBO France.

