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CEE Unquote

Prostor invests $2m in Smart Checkout

Prostor Capital has injected $2m into Smart Checkout, a Russian targeted promotion service provider for retailers.

  • CEE
  • 21 October 2013
Mid Europa's Alpha Medical buys Euromedic's laboratories

Alpha Medical, a provider of laboratory testing services backed by Mid Europa Partners, has acquired the Czech laboratory business of medical services provider Euromedic.

  • CEE
  • 21 October 2013
RCIF buys 42% stake in RFP Group

The Russia-China Investment Fund (RCIF) has acquired a 42% stake in forestry holding company Russian Forest Products Group (RFP).

  • CEE
  • 18 October 2013
Uxpin secures $700,000 from IDG Ventures et al.

Polish user experience design tool provider Uxpin has raised $700,000 from IDG Ventures, Innovation Nest and a number of Silicon Valley-based angel investors.

  • CEE
  • 17 October 2013
Fundraising and exits reveal rising confidence in CEE
Fundraising and exits reveal rising confidence in CEE

CEE

  • CEE
  • 17 October 2013
Mid Europa exits SBB/Telemach to KKR for €1bn

Mid Europa Partners has divested Serbian pay TV provider SBB/Telemach Group to KKR, reaping a 3x return on its original investment.

  • CEE
  • 16 October 2013
Runa Capital expands US presence with new hire

Russian venture capital firm Runa Capital has appointed Peter Bauert as partner to strengthen the firm’s presence and activities in the US.

  • People
  • 15 October 2013
PE-backed Yandex acquires KinoPoisk

Russian search engine operator Yandex, which is listed on Nasdaq and backed by UFG Private Equity, has acquired KinoPoisk, a Russian-language movie, television show and actor database.

  • CEE
  • 15 October 2013
Practica Capital invests in Trafi

Lithuanian venture capital firm Practica Capital has injected $500,000 into Trafi, a Lithuanian journey-planning application developer.

  • CEE
  • 15 October 2013
RITF invests $5m in LitRes

The Russian Internet Technology Fund (RITF), managed by Black River Ventures (BRV), has injected $5m into LitRes, a Moscow-based online retailer of Russian language e-books.

  • CEE
  • 11 October 2013
RDIF and Deutsche Bank invest $237.1m in Rostelecom

The Russian Direct Investment Fund (RDIF) and Deutsche Bank (DB) have teamed up to buy shares in listed Russian telecommunications company Rostelecom for $237.1m.

  • CEE
  • 11 October 2013
I2BF backs Dauria Aerospace with $20m

I2BF Global Ventures has supplied Dauria Aerospace, a Russian satellite manufacturer and services provider, with $20m for its series-B funding round.

  • Early-stage
  • 08 October 2013
3TS sells Avangate to Francisco Partners

CEE technology investor 3TS Capital Partners has sold its stake in Romanian software business Avangate to US VC Francisco Partners.

  • Exits
  • 07 October 2013
One Equity Partners et al. acquire Voltyre-Prom

One Equity Partners, the Russian Direct Investment Fund (RDIF) and trade player Titan International have acquired Voltyre-Prom, a Volzhsky-based agricultural tyre manufacturer.

  • CEE
  • 07 October 2013
Runa Capital invests $2m in Rocketbank

Russian VC Runa Capital has backed Rocketbank, a Russian mobile banking service provider, with a $2m investment.

  • CEE
  • 02 October 2013
Bridgepoint bites into Dr Gerard

Bridgepoint has bought Polish biscuit maker Dr Gerard from French firm Group Poult, backed by LBO France.

  • CEE
  • 02 October 2013
Virtual Call Center rakes in €500,000

Hungary-based Virtual Call Center (VCC) has raised €500,000 (approximately HUF 150m) from DBH Investment, a venture capital fund set up by DBH Group, a joint organisation between the Hungarian and Dutch governments.

  • CEE
  • 02 October 2013
Russian VCs merge ZdorovieOnline and VitaPortal

Fast Lane Ventures and Prostor Capital have merged their VitaPortal asset with Runa Capital’s ZdorovieOnline to create a new Russian online medical advice company.

  • Buyouts
  • 27 September 2013
Mid Europa's PKL completes bolt-on

Polskie Koleje Linowe (PKL), a cable car and ski lift operator owned by Mid Europa Partners, has acquired ski lift business Kolej Gondolowa Jaworzyna Krynicka.

  • CEE
  • 26 September 2013
AMC backs Invia; offers MCI partial exit

Czech travel business Invia.cz has received a €7.5m capital injection from Mezzanine Management, with the GP acquiring a minority stake in the business.

  • Exits
  • 19 September 2013
Pipedrive secures $2.4m in funding

Estonian sales management software provider Pipedrive has raised $2.4m from Storm Ventures, Rembrandt Venture Partners and TMT Investments, as well as a number of angel investors.

  • CEE
  • 19 September 2013
CEE tech investor 3TS hits €103m first close

Dedicated CEE-focused technology investor 3TS Capital Partners has reached a €103m first close for 3TS TCEE Fund III.

  • CEE
  • 12 September 2013
Axa PE- and Resource-backed Baltcom buys Izzi

Latvian telecommunication business Baltcom, owned by Axa Private Equity and Resource Partners, has acquired cable television operator Izzi.

  • Portfolio management
  • 11 September 2013
PE-backed Delicpol acquires Cuprod

PE-backed Polish confectionery business Delicpol has bought fellow Polish confectionery maker Cuprod with the support of Axa Private Equity and Resource Partners.

  • CEE
  • 04 September 2013
363738
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