CEE unquote
Innova exits Trimo for 4.5x money
Deal values the Slovenian buildings supplier at 9.5x 2021 EBITDA; GP's 2020 exit attempt collapsed after lengthy competition process
Genesis buys majority stake in HC Electronics
GP is investing in the electronics manufacturing firm via its EUR 40m Genesis Growth Equity Fund I
Bogazici Ventures to establish three pre-IPO VC funds
Turkish GP looks to raise a total of USD 17m to deploy in biotech, gaming and fintech late-stage startups
Mid Europa hires Vesna Sipp from ICG
Sipp will join as head of investor relations
Bridgepoint hires Houlihan Lokey for Dr Gerard exit
Preliminary marketing materials for the Polish biscuits maker are expected imminently
Abris exits Patent Co to trade
Sale to Raiffeisen Ware Austria ends Abris's six-year investment period in the animal feed company
Abris buys dentistry supplier Dentstore
Dentstore is Abris's third acquisition in the dental supplies sector, after Dentotal and Dentechnica
Eleven Ventures announces EUR 60m fund
Eleven Fund III is 10x bigger than its predecessor fund, which launched in 2018 and closed on EUR 6m
Getir to raise more than USD 1bn at USD 12bn pre-money valuation
Getir raised a total of USD 1.1bn in three consecutive rounds in 2021
Turkven, Earlybird to reduce Mikro Yazilim stakes in upcoming IPO
Mikro Yazilim, a Turkey-based software company, intends to float a 54.34% stake on Borsa Istanbul
TCV-backed Grupa Pracuj lists in EUR 1bn IPO
TCV first invested in the Poland-headquartered online recruitment platform in 2017
Vitruvian's Bitdefender hires advisers for IPO-led exit
Romanian cybersecurity company appoints JP Morgan and Morgan Stanley for a dual-track process
Startup Wise Guys raising up to EUR 52.5m across three funds
Estonian VC is raising Cyber Fund I, its second Challenger Fund and its Opportunity Fund II
Practica Capital plans new fund launch in 2022
Third-generation fund could be 1.5x to 2x larger than its predecessor
Turkven expects Turkey Growth Fund IV final close in mid-2022
Previous fund held a final close in 2012 with capital commitments of USD 840m
VC firm 212 to deploy EUR 32m in two years, gears up for exits
Sponsor has already deployed EUR 17m in 13 investments from its EUR 49m second fund
Finberg to raise USD 25m for new IFR fund
Turkish corporate VC firm backed by Fibabanka and Fiba Group moves toward third-party funding
Revo Capital closes Fund II on EUR 90m
Fund held a first close on EUR 40m towards a target of EUR 60m in March 2020
BlackPeak aiming to wrap up EUR 120m fundraise by year end
BlackPeak held a first close for the fund on EUR 68.5m in June, with a target of EUR 120m
Livonia holds first close on EUR 147m
Fund was launched in 2020, with a hard-cap set at EUR 170m
Templeton PE on road for EUR 500m CEE-focused fund
Templeton Private Equity Partners will be looking to select a placement agent by the end of this year
DocPlanner raises round valuing business at USD 1bn
Another undisclosed round is expected within the next year, sources say
Lycian Capital aims to raise USD 100m, expects first close in Q4
Soft marketing kicked off in Q3, with Lycian currently receiving commitments from investors in Turkey
ZAS Ventures aims to raise USD 15m to invest in CEE startups
Soft marketing began in April 2021, with the launch taking place in June 2021