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CEE unquote

Fundraising in euros
Karma Ventures holds €70m final close for debut fund

Final close follows an interim close for the Karma Ventures I fund on €60m in June 2017

  • Funds
  • 22 May 2018
Call centres and outsourcing firms
BaltCap exits Runway to KKR-backed Webhelp

Deal also sees the current majority shareholder Dasha sell its shares to Webhelp

  • Exits
  • 18 May 2018
Blood lancets and sampling devices
EQT sells HTL-Strefa to Investindustrial

Investindustrial will merge HTL with PIC, a division of Artsana Group's healthcare business

  • Exits
  • 16 May 2018
Petr Janovsky of Genesis Capital
Genesis appoints Janovský as CFO

Petr Janovský joins as chief financial officer along with new investment analyst Adam Ruta

  • People
  • 16 May 2018
Cosmetics displays and retail
Genesis exits POS Media Group

Deal comes just a year after Genesis acquired the firm via its Genesis Private Equity Fund III

  • Exits
  • 15 May 2018
Freight trains and logistics
21 Concordia acquires stake in VGL

Polish GP backed the firm via its special purpose holding entity Polinvest 8

  • Expansion
  • 14 May 2018
Supermarkets and grocery retail
PE-backed Şok completes Istanbul IPO

Turkish grocery retailer prices at the top end of its revised range, with gross proceeds of TRY 2.3bn

  • Exits
  • 14 May 2018
Turkish companies
Local GPs rule the roost in Turkish mid-market

International investors struggle to gain a foothold in the Turkish mid-market as local networks provide domestic firms with a headstart

  • CEE
  • 14 May 2018
Fraud prevention services
CVC-backed Avast to list in £2.4bn IPO

Offering, valued at £602m, represents 25.3% of the company's total shares

  • Exits
  • 10 May 2018
Kara is a Czech producer of leather goods
C2H acquires Kara

Prague-based private equity firm acquires a 90% stake in the leather clothing specialist

  • Buyouts
  • 10 May 2018
GroGlass makes specialist glass materials for construction
NCH Capital sells Groglass to Kartesia in MBO

US-based private equity house sells the Latvia-based manufacturer of anti-reflective coatings

  • Exits
  • 04 May 2018
Fundraising in dollars
Zubr Capital hits final close on $90m

Buyout fund initially had a target of $100m and held a first close on $50m in August 2016

  • Funds
  • 03 May 2018
People moves and promotions
Lithuanian PE association elects BaltCap's Alekna as new chair

LT VCA has elected an entirely new board and members will be appointed for two years

  • People
  • 03 May 2018
Scheduling software
Zubr, EBRD back Targetprocess with $5m

The GP acquired the company via its Zubr Capital Fund I, which held a first close in 2016

  • Buyouts
  • 30 April 2018
Scented candles
Equistone-backed Gala Kerzen acquires Korona Candles

Deal marks the third candle manufacturer Equistone has acquired in short succession this year

  • Portfolio management
  • 27 April 2018
Fraud prevention services
CVC-backed Avast sets price range for £2.5-3.2bn IPO

Company announces a share price range of 250-320 pence for its upcoming IPO on the LSE

  • Exits
  • 27 April 2018
Pet food and toys for kittens
Cinven acquires Partner In Pet Food from Pamplona

Deal comes after Pamplona invested in April 2015, ending a three-year holding period for the GP

  • Buyouts
  • 26 April 2018
Dan-Wood builds pre-fabricated homes
EI scraps Dan-Wood IPO

Offering did not achieve a price that reflected the GP's valuation of the company

  • Exits
  • 26 April 2018
Aspirin and other pharmaceutical products
Advent International in €1.91bn Zentiva carve-out

GP to buy generics business division Zentiva from French biopharmaceutical company Sanofi

  • Buyouts
  • 17 April 2018
Data analysis
CEE exit activity picks up in Q1 as buyouts drop

First quarter saw a significant drop in both buyout volume and aggregate value in the region, though the number of exits is up, year-on-year

  • CEE
  • 16 April 2018
UN Ro Ro is a Turkish freight and logistics business
Actera, Esas exit UN Ro-Ro in €950m trade deal

Danish ferry company DFDS Group is acquiring a 98.8% stake in UN Ro-Ro on a debt-free basis

  • Exits
  • 13 April 2018
Fraud prevention services
CVC-backed Avast to float on London Stock Exchange

Listing would result in a free float of approximately 25% of Avast's issued share capital

  • Exits
  • 13 April 2018
Supermarkets and grocery retail
PE-backed Sok readies for Istanbul IPO

Trading on the Instanbul stock exchange is expected to commence in May 2018

  • Exits
  • 09 April 2018
Insurance brokers
Mediterra sells ACP to Howden

Deal ends a four-year holding period under Mediterra, after the GP acquired the firm in April 2014

  • Exits
  • 09 April 2018
17 18 19
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