Czech Republic
CEE: Activity picks up despite ongoing fundraising woes
An uptick in dealflow in the second half of last year has left local players hopeful for a more sustained recovery. Greg Gille reports
Mid Europa sells TMCZ for €828m
Mid Europa Partners has sold its 39.23% stake in T-Mobile Czech Republic (TMCZ) to Deutsche Telekom for a total consideration of €828m.
CVC in $1bn Avast deal
CVC Capital Partners has backed Prague-based consumer security software company Avast in a deal that values the business at $1bn.
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 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.
Foodpanda makes Brazilian acquisition
Foodpanda, an online food delivery platform backed by Investment AB Kinnevik and Phenomen Ventures, has acquired Brazilian competitor MegaMenu.
CEE unquote” April 2013
It’s official: Central and Eastern Europe is unsexy. It is the least desirable geography for family offices to invest in, according to the Investec Family Office Intelligence Survey, an unquote" sister brand, conducted in March.
CEE unquote” March 2013
Around 10 years ago, when the first wave of CEE accession into the EU was ready to go, most observers noted that Brussels’ assurances to Istanbul about eventual membership were empty and simply an effort to keep the Muslim country on a short leash.
CEE unquote” February 2013
Last year, European private equity was abuzz with exits paving the way for fundraisings, and CEE was no exception.
Capital Dynamics and Arx buy Fincentrum
Capital Dynamics and Arx Equity Partners have bought a majority stake in Czech financial advisory services provider Fincentrum for an estimated CZK 750m.
VR Equitypartner and Bayern LB buy GHM Messtechnik from BPE
VR Equitypartner and Bayern LB Capital Partner have acquired German test and measurement equipment manufacturer GHM Messtechnik from BPE Unternehmensbeteiligungen for an estimated deal value of €50-100m.
PPF Group regains control of private equity operation
CEE-focused financial services group PPF Group has acquired 27.5% of its own private equity funds business from Italian insurer Assicurazioni Generali.
Arx Equity Partners sells Lexum to Moonray Healthcare
Arx Equity Partners has sold Czech ophthalmology and refractive surgery provider Lexum to British healthcare investor Moonray Healthcare.
CEE unquote" December 2012/January 2013
Turkey’s ideal location, strong GDP growth and comparably low public debt are just some of the factors raising interest in the country as an investment target.
Point Nine Capital et al. back DocPlanner
Point Nine Capital, Piton Capital, RTA Ventures and business angels have invested $1m in DocPlanner, a Polish online medical appointment booking services company.
Index Ventures et al. invest in Socialbakers
Index Ventures has led a $6m growth capital round for Czech social media analytics company Socialbakers.
CMS restructures UK & CEE private equity team
CMS Cameron McKenna has restructured the leadership of its private equity teams for the UK and Central and Eastern Europe.
CEE unquote” November 2012
It’s no secret that fundraising is top of GPs’ worry list. Save for top-decile funds, GPs will find the trail ahead rockier, thornier, and quite possibly much longer than last time they ventured out.
CEE unquote” October 2012
A recent EVCA study reveals a 50% uptick in fundraising last year compared to 2010, and forecasts local fundraising efforts to reach €941m in 2012.
CEE unquote” September 2012
August has seen at least two articles in the financial media slam the CEE region.
Mid Europa announces new CFO
Dedicated CEE private equity player Mid Europa Partners has hired Manish Mittal as chief financial officer.
CEE unquote” July/August 2012
Similar to the rest of Europe, the market in CEE has quietened down in the last few months.
Would the real CEE please stand up?
Confusion over CEE stats