CEE unquote
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
Rich shoppers and cheap talent quell CEE slump fears
Influx of high profile employers and the availability of affordable skilled talent could benefit the region during a wider European slowdown
INVL holds first close on €106m for Baltic Fund
Closing took place on 7 February 2019, seven months after the vehicle was registered in June
Skolkovo leads $4m round for Roistat
Skolkovo manages three VC funds (Industrial Fund, IT Fund and Agrotech Fund) with RUB 5bn in AUM
Mid Europa-backed Hortex buys Jurajska
Bolt-on comes just over a year after Mid Europa’s secondary buyout of Hortex from Argan
Horizon hits $200m cap for third Ukraine fund
Vehicle was launched in June 2016 with a target of $150m and has already completed six investments
Revo launches second fund
Revo is understood to have secured approximately 35% of the targeted commitments
Genesis targets close and launch in 2019
Growth fund will focus on companies with revenues of up to €15m and EBITDA of up to €2m
EBRD appoints new regional director for Romania, Bulgaria
Mark Davis joined the bank in 2013 as head of Armenia, after stints at Morgan Stanley and Goldman Sachs
Baltic buyouts boom as CEE slumps
Dealflow in the wider CEE region slumped in the first three quarters of 2018, but Baltic states enjoyed an uptick in activity
Cinven invests in RTB House
Investment is 14th from Cinven VI, a €7bn buyout fund that held a final close in June 2016
KJK buys winter sports equipment company Elan
Second investment the GP has made from its latest fund, KJK Fund III, since its first close