CEE
Virtual Call Center rakes in €500,000
Hungary-based Virtual Call Center (VCC) has raised €500,000 (approximately HUF 150m) from DBH Investment, a venture capital fund set up by DBH Group, a joint organisation between the Hungarian and Dutch governments.
Russian VCs merge ZdorovieOnline and VitaPortal
Fast Lane Ventures and Prostor Capital have merged their VitaPortal asset with Runa Capital’s ZdorovieOnline to create a new Russian online medical advice company.
Mid Europa's PKL completes bolt-on
Polskie Koleje Linowe (PKL), a cable car and ski lift operator owned by Mid Europa Partners, has acquired ski lift business Kolej Gondolowa Jaworzyna Krynicka.
Pipedrive secures $2.4m in funding
Estonian sales management software provider Pipedrive has raised $2.4m from Storm Ventures, Rembrandt Venture Partners and TMT Investments, as well as a number of angel investors.
CEE tech investor 3TS hits €103m first close
Dedicated CEE-focused technology investor 3TS Capital Partners has reached a €103m first close for 3TS TCEE Fund III.
Axa PE- and Resource-backed Baltcom buys Izzi
Latvian telecommunication business Baltcom, owned by Axa Private Equity and Resource Partners, has acquired cable television operator Izzi.
PE-backed Delicpol acquires Cuprod
PE-backed Polish confectionery business Delicpol has bought fellow Polish confectionery maker Cuprod with the support of Axa Private Equity and Resource Partners.
Mid Europa promotes two
Martin Zita, Mid Europa
Intel et al. invest $12m in Eruditor Group
Intel Capital, Runa Capital and Frontier Ventures have injected $12m into Eruditor Group, a Russian provider of online marketplaces for freelancers.
Target Ventures backs Babadu
Russian venture capital firm Target Ventures has invested “several million dollars” in Babadu, a Russian e-commerce platform for children’s products.
Capman invests in Maykor
Capman has taken part in a $100m funding round for Maykor, a Moscow-based IT outsourcing service provider, via its Capman Russia II fund.
Almaz Capital hires two
Russo-American investor Almaz Capital has appointed Ross Hangebrauck and Daniil Stolyarov as managing director and investment director respectively.
Mid Europa's Serbia Broadband attracts private equity interest
Serbia Broadband, the telco firm backed by Mid Europa Partners, has attracted the interest of several private equity players, according to reports.
Consortium backs Organica Water
A consortium of new and existing backers has invested in Budapest-based Organica Water, a wastewater treatment and recycling company.
BaltCap offloads Medicap to synlab
Baltic-focused private equity firm BaltCap has sold Medicap Holding to European laboratory services provider synlab.
Abraaj divests Acibadem Insurance
The Abraaj Group has sold its 50% stake in Turkish health insurance firm Acibadem Sağlık ve Hayat Sigorta (Acibadem Insurance) to Khazanah Nasional Berhad, the Malaysian government’s strategic investment fund.
MCI backs Answear.com
MCI Management has invested in Polish online fashion retailer Answear.com in return for a minority stake.
Turkey's Evim.net raises $5m
Evim.net, a Turkish homeware e-commerce site, has raised a $5m series-A round from 212, Simile Ventures and the European Bank for Reconstruction and Development (EBRD).
IK mulling sale of Axtone
IK Investment Partners is reportedly planning to exit Axtone, a Polish rail freight buffer manufacturer.
Private equity's trepidation over European shale
The US shale gas revolution has transformed the countyтs energy market, not only reducing imports but also significantly decreasing the cost of gas. This phenomenon has surely raised a few European investor eyebrows, wondering how to benefit from similar...
Blue Sea Capital's MediGroup acquires Jedro
Blue Sea Capital's portfolio company MediGroup has agreed to acquire Serbian outpatient services provider Dom Zdravlja Jedro from Delta Generali Insurance.
Tackling transparency and disclosure through data
While GP monitoring of portfolio companies becomes more sophisticated, LPs are demanding more granular insight into individual fund performance. The increasing demand for performance information begs several important questions: What data is required?...
İş Private Equity offloads Aras Kargo stake
Turkey-based İş Private Equity has sold its 20% holding in parcel delivery group Aras Kargo to Austrian Post in a deal worth €50m.
