CEE Unquote
Pollen Street acquires BIK from Syntaxis
Deal sees Pollen Street Capital acquire a majority stake in insurance provider BIK from Syntaxis
Invalda INVL launches buyout fund
New fund will target companies in the Baltic region with turnover between €20-100m
Highlander Partners opens Romania office
GP has opened its inaugural office in the region after entering the Polish market in 2008
Turkven-backed Alpha Flexibles to invest in Elif
Alpha Flexibles is controlled by a group of international investors that are advised by Turkven
Abris acquires ITP
Company plans on expanding into the aesthetic medicine markets in China and the US
EI acquires Unilink
Unilink intends to become the largest insurance distribution company in the CEE region
Genesis hires two for investment team
New hires will reinforce the investment team and will be active in planned fundraising
Abris acquires WDX
Co-founder and current chairperson Bąkowski will continue as president of the board of WDX
Arx Equity Partners acquires TMX
GP will partner with the company's senior management, who retain a significant minority stake
Bolt-on activity flourishes in CEE region
As the region continues its convergence with the west, a decrease in perceived risk is paving the way for increasing buy-and-build activity
INVL launches Baltic Sea Growth Fund
Fund will focus on acquiring minority stakes and will take an active role in management
Jet Investment divests Less & Timber
Deal ends a four-year tenure for Jet Investment, and includes a power plant subsidiary
PE-backed Nets acquires Dotcard in €73m SBO
Investor MCI Management and insurance company Saltus TUW sell their joint asset
Szymański to leave Waterland's Warsaw office amid departures
Szymański joined the firm in February 2015 to lead Waterland's operations in the Polish market
Insight, Bessemer lead $50m series-C for Pipedrive
Latest funding round brings Pipedrive's total venture capital funding to date to $80m
Abraaj files for liquidation in Cayman Islands
GP is seeking a court-supervised restructuring in the Grand Court of the Cayman Islands
Highlander-backed Akomex bolts on Plano Pack
Investment comes eight years after the US and CEE-focused GP acquired its portfolio company Akomex
UFG launches fourth fund
Moscow-based private equity investor to raise a fourth buyout fund to invest in the Russian mid-market
MCI launches tender offer to wholly own MCI Capital fund
Offer is for 19,003,988 MCI Capital shares in a bid to wholly acquire the fund's shares and votes
EI acquires Studenac
Studenac aims to accelerate the development of its regional store network
Abraaj seeks standstill deal with creditors
Firm has been embroiled in an investor conflict since the beginning of 2018
VC-backed Taxify raises $175m
Korelya Capital takes part in the round alongside Chinese ride-sharing app Did Chuxing
Zynga snaps up VC-backed Gram Games for $250m
By acquiring Gram Games, Zynga said it will expand its portfolio of live game franchises
Mid Europa-backed Diagnostyka acquires GenoMed from MCI
MCI reaches a deal to sell its entire stake in listed genetics testing firm GenoMed to Diagnostyka