CEE Unquote
RDIF et al. in Carprice, Travelata, Elementaree
RDIF is injecting capital jointly with its Russian, French and Middle Eastern partners
EI sells Danwood to trade for €140m
Enterprise Investors wholly acquired the company in a carve-out from Budimex in December 2013
Sequoia leads $45m series-B for Productboard
Round also saw participation from Bessemer Venture Partners and existing investors
MCI to sell Netrisk
During MCI Group's holding period, the company bolted on Biztosítás.hu in 2019
Resource Partners acquires Maced
Tomasz Macionga will continue as CEO, while Edmund Macionga will join the supervisory board
Elbrus leads $10m round for YClients
Elbrus is currently investing from its $550m vehicle, which held a final close in February 2014
Software sector lures increasing amounts of capital in CEE
Interest in the software sector in CEE is on the up and was especially prominent in Q3
Poland's MCI gearing up for €400m maiden closed-ended fund
Vehicle will keep to MCI's strategy of backing buyouts of mid-cap technology businesses in the CEE region
Karma et al. back €1.5m round for MeetFrank
Company will use the capital to launch its new "relocation without location" feature
Jet Investment exits MSV Metal Studenka
Sale ends a six-year holding period for the GP, which bought the company via its Jet I fund
Lightspeed leads €128m round for Vinted
Funding round values Vinted at €1bn, making it Lithuania's first technology unicorn
V4C buys stake in Warsaw-listed Summa Linguae
Deal is contingent upon the prior closing of two acquisitions by Summa Linguae
Turbine secures €3m seed funding round
Alan Barge, a partner at Delin Ventures, joins the board of directors of Turbine
Mid Europa's Profi to acquire Pram Maya
Profi continues its expansion strategy by taking over Pram Maya's 18 stores in Prahova
BC Partners' United Group to buy Vivacom in €1.2bn deal
Netherlands-based telecoms and media provider United acquires its Bulgarian counterpart
TRG Management backs Amethyst Radiotherapy
TRG will help the Romania-based provider of cancer radiotherapy treatment to expand in Europe
Avallon to acquire Clovin
Avallon will take over a majority stake, with the founders retaining the rest of the shares
Tar Heel Capital raises €100m for THC 3 - report
Polish press reports that the firm has already made investments from the fund
Mid Europa sells Walmark to PE-backed Stada
Sale ends a seven-year holding period for the GP, which invested in the company via its third fund
CEE fund closes make headlines as dealflow slows
PE and VC activity has been rather sedate across the CEE region in October, with interim fund closes instead animating the market
Advent-backed Zentiva acquires Alvogen
Transaction is expected to close in the first quarter of 2020, subject to customary approvals
Livonia Partners to acquire Klaasimeister
Transaction will close subject to Estonian Competition Authority approval
Mezzanine Management et al. back Profi
Mezzanine Management makes the eighth investment from AMC IV
LauncHub Ventures raising new €70m fund
New fund has €25m committed to date and hopes to close in Q1 or Q2 next year