CEE
Livonia Partners leads $5.2m series-A for Scoro
Previous backers Inventure and Tera Ventures also take part in the funding round
PE to acquire Moldova Agroindbank stake from government
HEIM Partners intends to acquire the shares from the Moldovan goverment in a public auction
ADM exits its CEE private equity business
Move enables ADM to focus on its Asian fixed income business, Cibus Fund and ADM Capital Foundation
Zubr, EBRD back Targetprocess with $5m
The GP acquired the company via its Zubr Capital Fund I, which held a first close in 2016
Mid Europa Partners promotes Babache
Andrej Babache becomes a partner at the CEE-focused firm, which he joined in 2006
Zubr buys stake in ActivePlatform
With the fresh capital, ActivePlatform intends to offer customised cloud brokerage services
Enterprise Investors' CEDG further divests from Kofola
CEE-focused private equity firm reduces its stake from 37.3% to 21%
Highlander backs Rotometal
Rotometal will use the new investment to expand its product range and enter new export markets
Accel leads $30m series-A for UiPath
New funding will be used predominantly to hire new staff to keep up with increasing product demand
Ardian's Solina buys Supremia
Ardian will continue its strategy of external growth in the European food industry through the acquisition
Mid Europa in €202m sale of Hungary-based Invitel to China-CEE Fund
Exit values the telecommunications business at 4.5x its 2015 EBITDA
Advent exits Bulgarian group Devin in trade sale
Transaction sees company valued at €120m and is expected to close in Q1 2017
Genesis exits Swell in trade sale
With the management also selling its minority stake, Altran becomes the sole owner
CEE could arrest exit flow decline in 2016
Region is seven exits short of exceeding 2015’s total for PE- and VC-backed exits
Cinven, Permira and Mid Europa in $3.25bn Allegro buyout
Deal marks one of the largest transactions in the CEE region since the global financial crisis
Mid Europa appoints two managing partners
Knorr and Strassberg take reins as Baudon steps down to become executive chair
Arx Equity holds €54m first close for Arx CEE IV
CEE-focused private equity firm raises €54m at first close for Arx CEE IV
CEE private equity confidence rebounds
Despite low dealflow in 2015, PE confidence in central, eastern and south-eastern Europe is rebounding to more normalised levels
Innova promotes Magnuszewska to partner
Former managing director Magdalena Magnuszewska becomes partner at CEE-focused GP Innova Capital
Mid Europa's Regina Maria bolts on hospital
Ponderas Hospital is the first add-on acquisition for the Romanian healthcare group since the Mid Europa buyout
Providence buys Starman from East Capital for €210m
Baltic TV and broadband buyout comes two months after SBO of Baltic mobile network operator Bite
Western Balkans buyout activity likely to remain sporadic
Stronger links between the Balkan countries will help investment, but PE dealflow will likely remain patchy
CEE makes strong start to 2016 despite lack of LP attention
Private equity firms complete five buyouts and four exits in January 2016 alone
Enterprise Investors' Kofola in CZK 11.4bn Prague listing
Soft drinks maker priced at lower end of range