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CEE venture ecosystem matures as buyout market stalls
With the buyout market at an inflexion point, the local venture capital scene could be the one grabbing headlines in the coming months
Innova buys Chemes from Abris
Sale ends a three-and-a-half-year holding period for Abris, which invested from its second fund
Espira acquires Icon
Icon was acquired from the joint administrators of former energy broker Utilitywise
Vitruvian-backed Technogroup bolts on CPU Service
Vitruvian acquired Technogroup from Caldec Holding and the company's founding shareholders in 2017
Bogazici Ventures launches $346m triple fundraise
GP launches a $100m Crypto Fund to invest in ICOs, STOs and other cryptocurrencies
Horizon buys minority stake in Dobrobut
GP draws capital from its $200m Emerging Europe Growth Fund III, which closed in January
Mid Europa buys Mlinar
GP is currently investing from Mid Europa V, which held a final close on €500m in December
Livonia Partners to launch new fund
New fund expects to raise in 12 months and will deploy equity tickets in the range of €10-20m
Rockaway Capital backs $6.9m series-B for Gjirafa
Fresh capital will be used by the firm to scale its current products across the region
Arx buys two Czech facades businesses
Newly created business will be rebranded as Fenestra and expects sales of €40m this year
Innova buys Drukarnia Embe Press
Deal is only the second PE-backed buyout completed in Poland in 2019 and the third in CEE
Afinum-backed Cotta acquires Steinpol
Cotta's most recent acquisition was Sarajevo-based furniture manufacturer Sinkro in September 2018
White Star invests $10m in Packhelp
Existing investors Speedinvest, ProFounders and Market One Capital also take part
CEE fundraising activity promises buyout revival
Fundraising in the region held strong in 2018 in contrast to the rest of Europe and promises to be even stronger in 2019, even as dealflow slumped
Neveq targets €27m for third fund
Vehicle's predecessor Neveq II held a final close on €20.3m in 2014 and is now fully invested
Penta-backed Sensiblu buys Belladonna
Belladonna had 93 pharmacies prior to the trasnaction and the divested subsidiary includes 46
Genesis backs IT specialist CN Group
GP deploys capital from its Genesis Private Equity Fund III, which closed on €82m in September 2016
Karma Ventures to start raising new fund in 2020
VC's first fund, closed in Q2 last year, is approximately 25% deployed currently
Pollen Street increases offer for Prime Car Management
Firm initially offered PLN 20 per share on 20 February, but has increased this to PLN 23.25
Practica targets close on €40-50m in 2019
Practica Venture Capital II held a first close on €22m in December 2018, against a €40m target
Czech incubator launches €30m fund
New fund has been set up to invest at the series-A stage in B2B technology companies across Europe
Syntaxis sells Polflam to Baltisse
Firm's founders Maciej Szamborski and Wojciech Wilczak also make an exit in the sale
Innova Capital sells Neomedic in €70.5m deal
Sale of obstetrics-focused hospital group brings to an end a seven-year holding period
Mid Europa sells Bambi to Coca Cola for €260m
Mid Europa makes the divestment from Mid Europa IV, which closed on €880m in 2014
