CEE unquote
Trilantic exits Istanbul Doors Group
Trilantic Capital Partners has sold its stake in Turkish restaurant operator Istanbul Doors Group to Dogus Group.
Enterprise Investors to sell stake in Zelmer
Enterprise Investors has agreed to sell its 49% stake in listed Polish small appliances manufacturer Zelmer to trade player Bosch und Siemens Hausgeräte (BSH) for PLN 298m.
VTB-led consortium buys controlling stake in Vivacom
A consortium led by VTB Capital has acquired a controlling stake in Bulgarian telecoms operator Vivacom.
CEE unquote” November 2012
It’s no secret that fundraising is top of GPs’ worry list. Save for top-decile funds, GPs will find the trail ahead rockier, thornier, and quite possibly much longer than last time they ventured out.
Turkey rises to the challenge
Turkey is slowly but surely establishing itself as a prominent market for private equity in Central and Eastern Europe along with Russia and Poland.
Horizon invests $40m in bank TCS
Horizon Capital has invested $40m in Russian online bank Tinkoff Credit Systems Bank (TCS).
Virgin and Rusnano launch emerging markets fund
Virgin Group, Virgin Green Fund and Russian nanotechnology investor Rusnano Capital have launched an emerging markets fund with commitments exceeding $200m.
Advent readies for EKO take-private
Advent International has secured subscriptions for a total of 97.98% of shares in Polish supermarket chain EKO Holding Group, following the acquisition of a controlling stake in the company last month.
Mid Europa appoints Michelle Capiod to partner
CEE-focused private equity firm Mid Europa Partners has promoted Michelle Capiod to partner.
Intel Capital leads $4m financing round for Eruditor
Intel Capital and Runa Capital have invested $4m in Russian e-commerce business Eruditor Group.
Advent takes Eko private
Advent International has secured subscriptions for 97.98% of Polish supermarket chain Eko Holding Group in its bid to take the company private.
Abris Capital buys Cargus
The Romanian division of Abris Capital has bought Romanian parcel service company Cargus from Deutsche Post (DHL).
CEE unquote” October 2012
A recent EVCA study reveals a 50% uptick in fundraising last year compared to 2010, and forecasts local fundraising efforts to reach €941m in 2012.
World Bank commits $15m to Mediterra Capital fund
Mediterra Capital Fund I has received a $15m commitment from World Bank's investment unit International Finance Corporation (IFC).
Elbrus Capital Fund II gets $20m commitment from World Bank
Elbrus Capital's second fund has received a $20m capital commitment from World Bank's investment arm International Financing Corporation (IFC).
Mid Europa buys Alpha Medical from Penta
Mid Europa Partners has wholly acquired laboratory diagnostics provider Alpha Medical from Penta Investments.
New Turkish firm Bosphera to launch first fund
Bosphera Private Equity, a Turkish GP that launched last year, is reportedly looking to hold a $100m first close for its maiden fund in the first quarter of 2013.
Baring Vostok raises $1.5bn for fifth fundraising effort
Baring Vostok has held a final close for Baring Vostok Private Equity Fund V LP and Baring Vostok Fund V Supplemental Fund LP, raising a total amount of $1.5bn.
CEE unquote” September 2012
August has seen at least two articles in the financial media slam the CEE region.
Advent buys 55% stake in EKO Holding
Advent International has agreed to buy a 55% share in Polish supermarket chain EKO Holding from majority shareholders Krzysztof and Marzena Gradecki.
Tar Heel Capital closes latest fund on €50m
Polish GP Tar Heel Capital has held a first and final close for its latest fund, THC II, on €50m following a three-month fundraising period.
V4C's Konsalnet acquires G4S's Polish operations
Value4Capital (V4C) portfolio company Konsalnet Holdings has completed the add-on acquisition of G4S Holdings (Polska).
Intel Capital appoints investment director for CEE
Intel Capital has appointed Maciej Żak to join the firm's investment team for CEE, the Middle East, Africa and Russia.
General Atlantic leads $44m round in Yemeksepeti.com
General Atlantic has acquired a minority stake in Turkish online food ordering business Yemeksepeti.com as part of a $44m funding round that also included Endeavor Catalyst.