CEE unquote
Benson Oak fully exits Klikpojisteni.cz
Klik will join the group comprising Netrisk.hu and Biztositas.hu, backed by TA and MCI
LitCapital exits NNL
Investment generates a 4x return, for an IRR of 26%, for LitCapital
KKCG sells Conectart to Genesis
Conectart plans to further expand its operations in the central and eastern European region
Mezzanine Management sells Optimapharm to Rohatyn Group
Mezzanine Management provided a €10m mezzanine facility to the business in October 2018
INVL to acquire Eco Baltia
GP is investing from its INVL Baltic Sea Growth Fund, a vehicle that closed on €165m in February 2020
Grafton invests $20m in Omilia
Funding will be used to expand the company in North America and western Europe
Inovo launches €40m second fund
Fund will invest in CEE-based tech startups in late-seed and series-A rounds
CMS expands Poland-focused team
CMS transactions team will continue to be led by partner Rafał Zwierz
Baring Vostok buys minority stake in Synergetic
None of the existing shareholders reportedly leave the company's capital structure
Sicav-backed NChain acquires Crea
Crea is a software development and implementation firm focused on Bitcoin and IT security
V4C, Ananda Impact acquire Doktor 24
Investment will finance Doktor 24's acquisition of two other healthcare businesses in Hungary
Mid Europa-backed fruit products maker Hortex to sell plant
Mid Europa acquired a majority stake in Hortex from Argan Capital in November 2017
ESG: PE leading the charge in CEE
Growing maturity of the market has been gradually bringing local standards up to western European levels
Abris-backed Green Group acquires Eltex Recycling
GP acquired a majority stake in the Romanian recycling business in April 2016
Consortium in $150m round for Ozon.ru
Financing round is in the form of a convertible loan that can be turned into equity
BaltCap appoints three in investment team
BaltCap unites 32 professionals in Tallinn, Riga, Vilnius, Warsaw, Helsinki and Stockholm offices
Pomerangels backs round for Fully-Verified
Fresh capital will be used to strengthen the company's position in the worldwide identity verification sector
Revo Capital Fund II holds first close on €40m
Domiciled in the Netherlands and structured as a BV, the fund has a 2% management fee
Arx reaps 3.6x on DCB trade sale
Divestment generates an overall cash-on-cash return of 3.6x and an IRR of more than 25%
Mediterra exits Mobiliz to GPS Bulgaria
Mediterra acquired Mobiliz for a total consideration of €5.05m in November 2012
Integral holds first close for debut fund
LP base currently includes institutional investors, as well as regional and international entrepreneurs
Innova to exit Polskie ePlatnosci in Nets sale
Innova Capital and other shareholders are to sell a total of 79.49%, and OPTeam is to sell 20.51% in PeP
Enern nears close for VC fund, on road for growth vehicle
While the VC fund is largely committed, Enern is still open to hearing from interested parties
OTB Ventures closes debut fund on $100m
Fund deploys equity tickets of up to $15m in technology startups based in central and eastern Europe