CEE Unquote
Mid Europa promotes two
Martin Zita, Mid Europa
Intel et al. invest $12m in Eruditor Group
Intel Capital, Runa Capital and Frontier Ventures have injected $12m into Eruditor Group, a Russian provider of online marketplaces for freelancers.
Target Ventures backs Babadu
Russian venture capital firm Target Ventures has invested “several million dollars” in Babadu, a Russian e-commerce platform for children’s products.
Capman invests in Maykor
Capman has taken part in a $100m funding round for Maykor, a Moscow-based IT outsourcing service provider, via its Capman Russia II fund.
Almaz Capital hires two
Russo-American investor Almaz Capital has appointed Ross Hangebrauck and Daniil Stolyarov as managing director and investment director respectively.
Mid Europa's Serbia Broadband attracts private equity interest
Serbia Broadband, the telco firm backed by Mid Europa Partners, has attracted the interest of several private equity players, according to reports.
Consortium backs Organica Water
A consortium of new and existing backers has invested in Budapest-based Organica Water, a wastewater treatment and recycling company.
BaltCap offloads Medicap to synlab
Baltic-focused private equity firm BaltCap has sold Medicap Holding to European laboratory services provider synlab.
Abraaj divests Acibadem Insurance
The Abraaj Group has sold its 50% stake in Turkish health insurance firm Acibadem Sağlık ve Hayat Sigorta (Acibadem Insurance) to Khazanah Nasional Berhad, the Malaysian government’s strategic investment fund.
MCI backs Answear.com
MCI Management has invested in Polish online fashion retailer Answear.com in return for a minority stake.
Turkey's Evim.net raises $5m
Evim.net, a Turkish homeware e-commerce site, has raised a $5m series-A round from 212, Simile Ventures and the European Bank for Reconstruction and Development (EBRD).
IK mulling sale of Axtone
IK Investment Partners is reportedly planning to exit Axtone, a Polish rail freight buffer manufacturer.
CloudArena raises $1.5m from Aslanoba and 212 Capital
Istanbul-based CloudArena, a hospitality-focused cloud software provider, has received $1.5m in early-stage funding from Aslanoba Capital and existing backer 212 Capital Partners.
Blue Sea Capital's MediGroup acquires Jedro
Blue Sea Capital's portfolio company MediGroup has agreed to acquire Serbian outpatient services provider Dom Zdravlja Jedro from Delta Generali Insurance.
İş Private Equity offloads Aras Kargo stake
Turkey-based İş Private Equity has sold its 20% holding in parcel delivery group Aras Kargo to Austrian Post in a deal worth €50m.
Tar Heel backs Rockfin in first investment from Fund II
Tar Heel Capital has acquired a 60% stake in Rockfin, a Polish supplier of hydraulic and pressure systems.
EIF and KOSGEB launch €250m Turkish fund-of-funds
The European Investment Fund (EIF) and the Small and Medium Enterprises Development Organisation of Turkey (KOSGEB) have established a Turkey-focused fund-of-funds targeting €250m.
Mir Capital buys stake in Packer Service Group
Mir Capital has made its first investment with the acquisition of a non-controlling stake in Russian oil and gas solutions firm Packer Service Group.
Enterprise closes Polish Enterprise Fund VII on €314m
CEE-focused GP Enterprise Investors has closed its latest fund, Polish Enterprise Fund VII (PEF VII), on €314m.
Mid Europa acquires Polish Cable Railways for PLN 215m
Mid Europa Partners has wholly acquired Polish Cable Railways (PKL), Poland’s oldest cable car provider, from the state-owned Polish State Railways (PKP) group for PLN 215m.
Law firm Edwards Wildman Palmer opens in Istanbul
Private equity-focused law firm Edwards Wildman Palmer (EWP) is set to open an office in Istanbul, covering the CEE and MENA regions in addition to the Turkish market.
Darby exits Sirma to Danone
Darby Private Equity is set to sell its holding in Sirma, a Turkish bottled water and beverages manufacturer.
Warburg Pincus buys stake in Inea
Global private equity firm Warburg Pincus has acquired a minority stake in Polish cable operator Inea SA.