CEE Unquote
EBRD appoints new regional director for Romania, Bulgaria
Mark Davis joined the bank in 2013 as head of Armenia, after stints at Morgan Stanley and Goldman Sachs
Baltic buyouts boom as CEE slumps
Dealflow in the wider CEE region slumped in the first three quarters of 2018, but Baltic states enjoyed an uptick in activity
Cinven invests in RTB House
Investment is 14th from Cinven VI, a €7bn buyout fund that held a final close in June 2016
KJK buys winter sports equipment company Elan
Second investment the GP has made from its latest fund, KJK Fund III, since its first close
Horizon to hold a close for $200m fund
Emerging Europe Growth Fund III was launched in June 2016 with a target of $150m
Mid Europa buys Intive from Enterprise Investors
Enterprise initially invested in BLStream, then backed SMT Software Services, and built up the group
Mezzanine Management closes fourth fund on €264m
Central-Europe-focused mezzanine specialist raises its largest ever vehicle, banking on support from local LPs
Ukraine-based Horizon Capital's Rozetka bolts on Evo
E-commerce specialist Rozetka, owned by Horizon Capital since 2015, bolts on Evo
Innova and Solter invest in Oshee Polska
Poland-based isotonic and mineral drinks producer will pursue an acquisitive growth strategy
EI buys stake in Anwim
Investment will be used to finance expansion for Anwim, including the development of its Moya chain
BaltCap invests in Kool Latvija
Investment is drawn from BaltCap Growth Fund, which is currently fundraising with a €50m target
Abris sells Kopernikus Technology to trade
Sale ends a two-year holding period for Abris, which bought the company via its third fund
Jet closes second fund on CZK 4bn
Jet II is the largest private equity fund in the Czech Republic that is open to international LPs
Horizon backs confectionery maker Yarych
Horizon is currently investing from its $150m Emerging Europe Growth Fund, closed in 2016
Abris buys CADM Automotive for PLN 42.5m
Abris draws capital from Abris CEE Mid Market Fund III to finance the transaction
Pera targets €100m for second fund
New fund will follow the strategy of its predecessor, investing in the Turkish lower-mid-market
CEE fundraising landscape in flux
Despite strong activity in 2017, the fundraising landscape means smaller fund managers are struggling to reach their targets
Mezzanine Management backs Optimapharm with €10m
Transaction marks Mezzanine Management’s first investment in the Croatian market
BaltCap exits InMedica to INVL
Deal marks the seventh exit for BaltCap this year, and the fifth exit for the Lithuania SME Fund
Tar Heel acquires Aludesign
Private equity firm wholly acquired Poland-headquartered Aludesign at the end of September
Secondary buyouts back on the scene in CEE
H1 2018 saw the second highest half-year volume of SBOs since the financial crash, rebounding from two consecutive semesters of low activity
DTCP injects $10m into Pipedrive's $60m series-C
Follow-on round for the CRM software developer comes four months after an initial $50m series-C
Mid Europa exits PKL to Polish Development Fund
Deal marks the end of a five-year holding period for Mid Europa after it took the firm private
BaltCap-backed Dencap buys Kaarli Hambapolikliinik
GP injects fresh equity for the transaction from BaltCap Private Equity Fund II