Latvia
Livonia Partners holds €70m first close for inaugural fund
Fundraise exceeds first-close target by €20m
BaltCap exits VLT
Management buy-back marks full exit for GP
BaltCap invests in Pure Chocolate
Pure Chocolate produces chocolate truffles
Mezzanine Management invests €23.3m in Mogo Finance
Second investment in Baltics for Mezzanine Management
A country-by-country guide to investing in CEE
Part two of our CEE report, detailing the nuances of each country
FlyCap in $2m seed round for Airdog
Investors include Base Ventures and Imprimatur Capital
BaltCap in €1m Stenders top-up
Latest investment brings total funding from Baltic VC to €2.5m
Darby buys majority stake in Storent
Deal marks third investment for DCEF III fund
Baltic businesses ripe for buy-and-build strategies
The wealth of small companies seeking growth capital means buy-and-build is well-suited to the region
Baltic boasts Nordic nuance
Region is set for a boom in private equity investing
BaltCap Fund II reaches first close
BaltCap has held a first close for its latest fund BaltCap Private Equity Fund II (BPEF II) on €50.6m, with subscribed commitments of €63m.
BaltCap exits Primekss
BaltCap has sold its entire stake in Primekss, a Latvian industrial flooring specialist.
Ardian and Resource Partners increase Baltcom holding
Ardian and Resource Partners have bought out a minority shareholder in SIA Baltcom TV (Baltcom), a Latvian cable television operator, to increase their joint stake in the business.
EBRD commits €20m to BaltCap
BaltCap has received a €20m commitment from the European Bank for Reconstruction and Development, as it nears a first close on its second fund.
BaltCap invests €1.5m in Stenders
Baltic private equity firm BaltCap has backed Stenders, a Latvian cosmetics franchise, with a €1.5m investment.
Axa PE- and Resource-backed Baltcom buys Izzi
Latvian telecommunication business Baltcom, owned by Axa Private Equity and Resource Partners, has acquired cable television operator Izzi.
Mid Europa-backed Bitė refinances debt
Mid Europa's Lithuanian telecoms company Bitė has refinanced its existing debt with €200m of senior secured floating rate notes at a 7.5% margin.
East Capital exits Elko Grupa
Swedish investor East Capital has sold its stake in Latvian IT product wholesaler Elko Grupa to the company's existing shareholders, including investment fund Amber Trust.
BaltCap backs Amateks with €800,000
Baltics-based private equity house BaltCap has invested €800,000 in Latvian metal components producer Amateks.
Latvian Guarantee Agency seeks managers for local VC funds
State-backed Latvian Guarantee Agency (LGA) has launched a tender to select up to three managers for recently established VC funds.
Baltic governments provide €200m for PE funds
Estonia, Latvia and Lithuania plan to boost private equity investment and build “a vibrant ecosystem of SMEs” in a bid to further economic growth, the Estonian Private Equity and Venture Capital Association (EstVCA) announced in a statement yesterday.
BaltCap commits €1m to Clusterpoint
BaltCap has invested €1m in Latvian data management company Clusterpoint.
Nordic unquote" January 2012
The Swedish tax authority’s battle over carried interest taxation continues as another player is drawn into the feud.