Lithuania
BaltCap exits InMedica to INVL
Deal marks the seventh exit for BaltCap this year, and the fifth exit for the Lithuania SME Fund
BaltCap sells Caffeine to Reitan Convenience
Ends a six-year holding period for BaltCap, which backed the business through its Lithuania fund
Blackstone to acquire €1bn stake in Luminor
Transaction represents one of the largest M&A transactions in Baltic regional history
FSN-backed Bygghemma buys stake in Furniture1
With the fresh funding, Furniture1 intends to develop its sales model in the furniture market
Sprints Capital leads €50m funding round for Vinted
Previous backers Insight Venture Partners and Hubert Burda Media also take part in the funding round
Livonia acquires stake in Freor
Deal comes after establishing a long-standing relationship with the company's founder over five years
LitCapital acquires Audimas
Newly raised capital will enable the company to implement growth plans investing in manufacturing
Invalda INVL launches buyout fund
New fund will target companies in the Baltic region with turnover between €20-100m
INVL launches Baltic Sea Growth Fund
Fund will focus on acquiring minority stakes and will take an active role in management
Lithuanian PE association elects BaltCap's Alekna as new chair
LT VCA has elected an entirely new board and members will be appointed for two years
Enterprise Investors shelves Novaturas sale
GP is now considering a public offering on the Warsaw or Vilnius stock exchange
Darby's Storent acquires rental company Cramo
Darby acquired a majority stake in Storent in November 2014 via its DCEF III fund
Enterprise Investors sells Novaturas to trade buyer
Enterprise's sixth fund is selling the travel firm after a 10-year holding period
BaltCap holds €40m first close for growth fund
Baltic-SME-focused vehicle has a target of €50m and raised commitments from pension funds and the EIF
Livonia buys minority in CGates
Deal is the fourth for the GP's Baltic mid-cap-focused fund Livonia Partners Fund I
Livonia completes third deal with Santa Monica Networks MBO
The deal sees Livonia tap its maiden fund to acquire Santa Monica's Latvian and Lithuanian operations
Baltic VCAs band together to form regional association
The three Baltic countries’ lobbying organisations have joined forces to promote the industry
CEE exit pace rebounds on strong macro
So far in 2016, unquote” data has recorded the highest volume of exits in H1 since 2013
Practica Capital leads €1m investment in Softneta
Lithuania-based GP will take minority stake for growth funding injection
Practica Capital invests €1.5m in East West Agro
Deal includes €4.5m financing package from Swedbank’s Baltic division
LitCapital sells Putoksnis stake to chairman Stulpinas
Lithuanian GP exits its stake in the struggling manufacturer of PET packaging to its majority shareholder
Vinted scores €24m series-C from Accel, Insight et al.
Previous backers Accel Partners and Insight Venture Partners also take part in round
BaltCap carves out OpusCapita's Baltic operations
Sale forms part of strategic refocus for vendor
Livonia Partners holds €70m first close for inaugural fund
Fundraise exceeds first-close target by €20m