Abris sells Kopernikus Technology to trade

Abris acquired a majority stake in Kopernikus in December 2016, while the company founders Srđan and Zvezdan Milovanović retained a minority holding in the business.

The GP deployed capital from its CEE Mid-Market Fund III, which held a first close on €300m in 2016 and hit its €500m target in September 2017. The vehicle acquires majority stakes in privately owned companies based in the CEE region.

Under Abris's management, Kopernikus successfully integrated 20 smaller cable TV providers, strengthened its management team, invested in fibre-optic infrastructure and digitalisation, and grew its subscriber base by around 25%.

Company
Founded in 1998 and headquartered in Belgrade, Kopernikus is a provider of cable TV and broadband in Serbia.

People
Abris Capital Partners – Milorad Anđelić (partner).
Telekom Serbia – Predrag Ćulibrk (CEO).
Kopernikus Technology – Srdjan Milovanović (CEO).

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• Topics
• Exits
• CEE
• Infrastructure
• Abris Capital Partners
• Serbia
• Trade sale