CEE unquote
PineBridge invests €26m in Work Service
PineBridge Investments has acquired a 20.02% stake in listed Polish staffing and personnel business Work Service for €26m.
Turkish snack chain hopes to raise $500m through PE
Turkish snack chain Simit Sarayi has entered negotiations with US investor Colony Capital and Dubai's Abraaj Capital for the sale of a minority stake in the business, according to reports.
East Capital exits Elko Grupa
Swedish investor East Capital has sold its stake in Latvian IT product wholesaler Elko Grupa to the company's existing shareholders, including investment fund Amber Trust.
ADM Capital et al. looking to exit Turkish hospital
An investor group including ADM Capital, Dutch pension fund PGGM and the International Finance Corporation (IFC) are looking to exit Turkish hospital chain Universal Saglik Yatirimlari, according to reports.
PPF Group regains control of private equity operation
CEE-focused financial services group PPF Group has acquired 27.5% of its own private equity funds business from Italian insurer Assicurazioni Generali.
Globalturk Capital and Small Enterprise Assistance Fund strike alliance
Globalturk Capital and American Small Enterprise Assistance Fund (SEAF) have agreed to collaborate on growth investments in Turkey.
Mid Europa exits LUX MED
Mid Europa Partners has exited Polish healthcare provider LUX MED to Bupa in a deal which values the company at €400m.
BaltCap invests in Coffee Inn
BaltCap has backed Baltic coffee shop chain Coffee Inn with up to €2m of debt and equity.
Arx Equity Partners sells Lexum to Moonray Healthcare
Arx Equity Partners has sold Czech ophthalmology and refractive surgery provider Lexum to British healthcare investor Moonray Healthcare.
BC Partners looking to sell Migros
BC Partners has entered negotiations with potential buyers for its remaining stake in Turkish supermarket chain Migros, according to reports.
Consortium including Baring Vostok invests in Karo Film
Baring Vostok Private Equity, UFG Private Equity, the Russian Direct Investment Fund (RDIF) and media entrepreneur Paul Heth have taken a controlling stake in Russian cinema business Karo Film Group.
CEE unquote" December 2012/January 2013
Turkey’s ideal location, strong GDP growth and comparably low public debt are just some of the factors raising interest in the country as an investment target.
Mid Europa refinances SBB and Telemach
Mid Europa Partners has merged Serbia Broadband (SBB) and Slovenian telecoms business Telemach Group, refinancing the group with €330m of senior debt.
EBRD loans RUB 1.7bn to Orient Express Bank
The European Bank for Reconstruction and Development (EBRD) has provided Orient Express Bank (OEB) with a three-year loan totalling RUB 1.7bn.
Sberbank and Credit Suisse abandon buyout fund plans
OAO Sberbank and Credit Suisse Group have abandoned plans to raise a $1bn buyout fund dedicated to private equity in Russia.
One Equity Partners considers Turkish chem business
One Equity Partners and the Turkish army pension fund Oyak have been bidding to buy a stake in Turkish chemicals firm Akdeniz Kimya, according to reports.
Point Nine Capital et al. back DocPlanner
Point Nine Capital, Piton Capital, RTA Ventures and business angels have invested $1m in DocPlanner, a Polish online medical appointment booking services company.
Horizon Capital exits Fidem Life to Aegon
Horizon Capital has sold its entire stake in Ukranian life insurance company Fidem Life to Dutch asset management company Aegon.
Turkey: Emerging from the MIST
Emerging from the MIST
Innova and EBRD invest in EnergoBit
Innova Capital and the European Bank for Reconstruction and Development (EBRD) have taken over Romanian electrical engineering services company (ESCo) EnergoBit.
Blue Sea Capital acquires Dom Zdavlja Dr Ristic
Blue Sea Capital has acquired Serbian private healthcare clinic Dom Zdravlja Dr Ristic.
Highlander buys ProService AT from Enterprise Investors
Highlander Partners has acquired Polish transfer agent ProService Agent Transferowy from Skarbiec Holding, a portfolio company of Enterprise Investors.
Elbrus Capital invests in SPSR-Express
Elbrus Capital has taken a stake in Russian delivery business SPSR-Express, leading to a partial exit of the Russian Retail Growth Fund.
Index Ventures et al. invest in Socialbakers
Index Ventures has led a $6m growth capital round for Czech social media analytics company Socialbakers.