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CEE unquote

PE-backed Yandex acquires KinoPoisk

Russian search engine operator Yandex, which is listed on Nasdaq and backed by UFG Private Equity, has acquired KinoPoisk, a Russian-language movie, television show and actor database.

  • CEE
  • 15 October 2013
Practica Capital invests in Trafi

Lithuanian venture capital firm Practica Capital has injected $500,000 into Trafi, a Lithuanian journey-planning application developer.

  • CEE
  • 15 October 2013
RITF invests $5m in LitRes

The Russian Internet Technology Fund (RITF), managed by Black River Ventures (BRV), has injected $5m into LitRes, a Moscow-based online retailer of Russian language e-books.

  • CEE
  • 11 October 2013
RDIF and Deutsche Bank invest $237.1m in Rostelecom

The Russian Direct Investment Fund (RDIF) and Deutsche Bank (DB) have teamed up to buy shares in listed Russian telecommunications company Rostelecom for $237.1m.

  • CEE
  • 11 October 2013
I2BF backs Dauria Aerospace with $20m

I2BF Global Ventures has supplied Dauria Aerospace, a Russian satellite manufacturer and services provider, with $20m for its series-B funding round.

  • Early-stage
  • 08 October 2013
3TS sells Avangate to Francisco Partners

CEE technology investor 3TS Capital Partners has sold its stake in Romanian software business Avangate to US VC Francisco Partners.

  • Exits
  • 07 October 2013
One Equity Partners et al. acquire Voltyre-Prom

One Equity Partners, the Russian Direct Investment Fund (RDIF) and trade player Titan International have acquired Voltyre-Prom, a Volzhsky-based agricultural tyre manufacturer.

  • CEE
  • 07 October 2013
Runa Capital invests $2m in Rocketbank

Russian VC Runa Capital has backed Rocketbank, a Russian mobile banking service provider, with a $2m investment.

  • CEE
  • 02 October 2013
Bridgepoint bites into Dr Gerard

Bridgepoint has bought Polish biscuit maker Dr Gerard from French firm Group Poult, backed by LBO France.

  • CEE
  • 02 October 2013
Virtual Call Center rakes in €500,000

Hungary-based Virtual Call Center (VCC) has raised €500,000 (approximately HUF 150m) from DBH Investment, a venture capital fund set up by DBH Group, a joint organisation between the Hungarian and Dutch governments.

  • CEE
  • 02 October 2013
Russian VCs merge ZdorovieOnline and VitaPortal

Fast Lane Ventures and Prostor Capital have merged their VitaPortal asset with Runa Capital’s ZdorovieOnline to create a new Russian online medical advice company.

  • Buyouts
  • 27 September 2013
Mid Europa's PKL completes bolt-on

Polskie Koleje Linowe (PKL), a cable car and ski lift operator owned by Mid Europa Partners, has acquired ski lift business Kolej Gondolowa Jaworzyna Krynicka.

  • CEE
  • 26 September 2013
AMC backs Invia; offers MCI partial exit

Czech travel business Invia.cz has received a €7.5m capital injection from Mezzanine Management, with the GP acquiring a minority stake in the business.

  • Exits
  • 19 September 2013
Pipedrive secures $2.4m in funding

Estonian sales management software provider Pipedrive has raised $2.4m from Storm Ventures, Rembrandt Venture Partners and TMT Investments, as well as a number of angel investors.

  • CEE
  • 19 September 2013
CEE tech investor 3TS hits €103m first close

Dedicated CEE-focused technology investor 3TS Capital Partners has reached a €103m first close for 3TS TCEE Fund III.

  • CEE
  • 12 September 2013
Axa PE- and Resource-backed Baltcom buys Izzi

Latvian telecommunication business Baltcom, owned by Axa Private Equity and Resource Partners, has acquired cable television operator Izzi.

  • Portfolio management
  • 11 September 2013
PE-backed Delicpol acquires Cuprod

PE-backed Polish confectionery business Delicpol has bought fellow Polish confectionery maker Cuprod with the support of Axa Private Equity and Resource Partners.

  • CEE
  • 04 September 2013
Martin Zita of Mid Europa
Mid Europa promotes two

Martin Zita, Mid Europa

  • CEE
  • 03 September 2013
Intel et al. invest $12m in Eruditor Group

Intel Capital, Runa Capital and Frontier Ventures have injected $12m into Eruditor Group, a Russian provider of online marketplaces for freelancers.

  • CEE
  • 02 September 2013
Target Ventures backs Babadu

Russian venture capital firm Target Ventures has invested “several million dollars” in Babadu, a Russian e-commerce platform for children’s products.

  • CEE
  • 02 September 2013
Capman invests in Maykor

Capman has taken part in a $100m funding round for Maykor, a Moscow-based IT outsourcing service provider, via its Capman Russia II fund.

  • CEE
  • 27 August 2013
Almaz Capital hires two

Russo-American investor Almaz Capital has appointed Ross Hangebrauck and Daniil Stolyarov as managing director and investment director respectively.

  • CEE
  • 21 August 2013
Mid Europa's Serbia Broadband attracts private equity interest

Serbia Broadband, the telco firm backed by Mid Europa Partners, has attracted the interest of several private equity players, according to reports.

  • CEE
  • 19 August 2013
Consortium backs Organica Water

A consortium of new and existing backers has invested in Budapest-based Organica Water, a wastewater treatment and recycling company.

  • CEE
  • 08 August 2013
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