Innova Capital
The Bolt-Ons Digest - 3 July 2023
Unquoteтs selection of the latest add-ons with Palatine's Anthesis, Nordic Capital's Regnology, Waterland's Janssen and more
Women in PE: Innova Capital's Pasecka on consolidation and succession opportunities amid macro challenges
Magdalena Pasecka discusses the Polish GP’s fundraising and deployment plans, as well as advice for emerging leaders in the industry
Innova exits Trimo for 4.5x money
Deal values the Slovenian buildings supplier at 9.5x 2021 EBITDA; GP's 2020 exit attempt collapsed after lengthy competition process
Innova acquires stake in Bielenda Kosmetyki
Proceeds from the investment will fund the company's acquisition of two cosmetics brands from Norwegian cosmetics group Orkla
Innova to buy PayPoint's Romanian division
PayPoint will use the proceeds to focus on core UK markets
Innova exits Trimo to trade
GP acquired the company in a 2015 buyout from a group of Slovenian banks, including Nova Ljubljanska Banka
Innova to exit Polskie ePlatnosci in Nets sale
Innova Capital and other shareholders are to sell a total of 79.49%, and OPTeam is to sell 20.51% in PeP
Innova closes sixth fund on €271m
Innova Capital has held a final close for its sixth fund on €271m.
Innova buys Optiplaza
GP draws capital from Innova 6, a fund with a target of €325m that held a first close on €196m
Innova buys Optical Network
Innova will support the firm's plans to improve the product offering and customer experience
Innova to acquire majority stake in CS Group Polska
Deal is the fourth investment made from the GP's sixth fund, which has a €325m hard-cap
Innova buys Chemes from Abris
Sale ends a three-and-a-half-year holding period for Abris, which invested from its second fund
Innova buys Drukarnia Embe Press
Deal is only the second PE-backed buyout completed in Poland in 2019 and the third in CEE
Innova Capital sells Neomedic in €70.5m deal
Sale of obstetrics-focused hospital group brings to an end a seven-year holding period
Innova and Solter invest in Oshee Polska
Poland-based isotonic and mineral drinks producer will pursue an acquisitive growth strategy
CEE fundraising landscape in flux
Despite strong activity in 2017, the fundraising landscape means smaller fund managers are struggling to reach their targets
Innova holds €194m first close for sixth buyout fund
GP exceeded its minimum target of €150m and has raised 60% of the hard-cap, set at €325m
Innova partially exits Profim to Triton-backed Flokk
Deal comes less than a year after Innova bought a 75% stake in Profim in May 2017
Innova Capital acquires Inelo and OCRK
GP intends to growth the firms' expertise and technology domestically and globally
Innova nears €200m first close on sixth fund
GP invests in the business services, financial services, telecoms, healthcare and industrial sectors
Innova Capital buys controlling stake in Profim
GP aims to support the company's expansion across the western European market
Innova ups IRR to 60% on final Wirtualna Polska exit
GP completes full exit three years after initial investment in WP Group
Innova Capital sells Marmite stake to Cranemere
Innova invested via its Innova 4 and 5 funds in 2010, acquiring a 70% stake in the group
Innova, HarbourVest et al. in €100m Benestra exit
SBO means a final exit for the PE consortium that purchased central European telco GTS in 2008