Bulgaria
INVENIO on the market for Southeast Europe-focused growth fund
With EUR 75m target, vehicle has the EIF and two Bulgarian pension funds among its LPs
Eleven Ventures announces EUR 60m fund
Eleven Fund III is 10x bigger than its predecessor fund, which launched in 2018 and closed on EUR 6m
Silverfleet acquires EC4U Expert Consulting, Bulpros
Silverfleet is merging the two IT consultancies and will own a majority stake in the new entity
Green Arrow buys renewables asset manager Quercus
Quercus Assets Selection manages five funds dedicated to renewable energy
LauncHub Ventures raising new €70m fund
New fund has €25m committed to date and hopes to close in Q1 or Q2 next year
Neveq targets €27m for third fund
Vehicle's predecessor Neveq II held a final close on €20.3m in 2014 and is now fully invested
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
3TS exits MammothDB in trade sale
GP provided a €1.6m round of funding for MammothDB in May 2015 along with Empower Capital
LaunchHub leads $1m seed round for OfficeR&D
Other backers include the founders of software company Telerik and the founder of RuneScape
Rockaway acquires e-commerce trio from Naspers
Deal sees venture capital firm acquire CEE-focused online comparison shopping engines
Advent exits Bulgarian group Devin in trade sale
Transaction sees company valued at €120m and is expected to close in Q1 2017
EQT exits Blizoo to Telekom Austria
Exit comes after aborted sale process in 2013
A country-by-country guide to investing in CEE
Part two of our CEE report, detailing the nuances of each country
Summit offloads Telerik to Progress for $262.5m
Summit first invested in Telerik in 2008
VTB-led consortium buys controlling stake in Vivacom
A consortium led by VTB Capital has acquired a controlling stake in Bulgarian telecoms operator Vivacom.
CEE deals, LP interest on the rise
The market in Central & Eastern Europe is picking up, with more deals expected and more LPs ready to back them.
Central and Eastern Europe – A Continuing Opportunity
Nearly two decades of investment history, superior returns, a universe of experienced fund managers т yet Central and Eastern Europe (CEE) is neglected by many LPs. Henry Potter and Peter Wolfers of Alpha Associates discuss the characteristics of the...
Prospects for CEE: have your say
As Europe emerges from recession, what are the prospects for Central and Eastern Europe?