Livonia Partners
Livonia holds first close on EUR 147m
Fund was launched in 2020, with a hard-cap set at EUR 170m
Livonia sells Thermory to UG Investeeringud
UG Investeeringud had previously been a minority shareholder of the company
Livonia-backed Thermory buys Siparila
Latvian private equity firm Livonia backed the bolt-on via its first fund, Livonia Partners Fund I
Livonia Partners to launch new fund
New fund expects to raise in 12 months and will deploy equity tickets in the range of €10-20m
Livonia Partners leads $5.2m series-A for Scoro
Previous backers Inventure and Tera Ventures 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
CEE exit activity picks up in Q1 as buyouts drop
First quarter saw a significant drop in both buyout volume and aggregate value in the region, though the number of exits is up, year-on-year
Tech deals return to the CEE region
Tech activity in CEE remains sluggish, though aggregate values are on the increase
Livonia buys minority in CGates
Deal is the fourth for the GP's Baltic mid-cap-focused fund Livonia Partners Fund I
Dino Polska IPO could revive public exit route for PE in CEE
Public market exit route has been in decline for central and eastern European private equity since its 2013 post-crisis peak
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
Mega-deals cap good year in CEE
Region registers two €500m-plus deals in the final quarter of a strong year for private equity
CEE could arrest exit flow decline in 2016
Region is seven exits short of exceeding 2015’s total for PE- and VC-backed exits
Livonia Partners buys garden centre Hortes
GP completes second buyout from maiden vehicle with Estonian retail business
Baltic VCAs band together to form regional association
The three Baltic countries’ lobbying organisations have joined forces to promote the industry
Livonia makes 10x on Qvalitas sale to BaltCap
Baltic GP earns 44% IRR over seven years on exit of final legacy portfolio asset
Livonia reaps 2x on exit of legacy asset Archyvų Sistemos
Baltic archiving services company was a legacy asset from a portfolio that pre-dated Livonia’s maiden fund
Deal in Focus: Livonia makes maiden deal with Ha Serv
Estonian wood products company becomes first acquisition from Baltic GP’s inaugural fund
Building Baltic bridges vital to region's buy-and-builds
Strategies to build out portfolio companies into neighbouring countries could provide welcome growth
Origination: perfecting processes
Part two of our Origination Series looks at processes and intermediaries
Bright future: Investment opportunities in Estonia
Success of Estonian startups could see larger deals and funds for the Baltic countries
Onshoring debate: the Latvian card
Latvia looking to bank on onshoring trend to attract Baltic-focused GPs
Livonia Partners holds €70m first close for inaugural fund
Fundraise exceeds first-close target by €20m