Mid Europa Partners
H2 turns to bilateral talks to get Optegra sale over the line, sources say
Deal with MidEuropa sealed after auction for ophthalmology group went quiet earlier this month
MidEuropa takes majority stake in Optegra
H2 Equity reinvests with minority share; sale saw interest from Partners, HIG, CapVest
H2 Equity's Optegra sale advances to second round
UK-based ophthalmology business has received NBOs implying an EBITDA multiple of more than 15x
Mid Europa Partners readies software developer Intive for sale
Goldman Sachs will advise on auction for Germany-headquartered company, expected to launch in Q4
The Bolt-Ons Digest – 23 May 2022
Unquote’s selection of the latest add-ons featuring Nordic's Advanz, H2's Optegra, Sovereign's Zenitech, Carlyle's Dept, and more
Mid Europa hires Vesna Sipp from ICG
Sipp will join as head of investor relations
Mid Europa explores sale of M+ Group
Owners of M+ Group appoint William Blair to assess strategic options for the company
Mid Europa acquires MCI-backed e-commerce platform Pigu
MCI will reinvest in the deal, which also sees Pigu merge with Estonia-headquartered Hobby Hall
Mid Europa to acquire Sage Group's Polish business
Software business is valued at £66m and the sale process saw interest from a number of sponsors
Mid Europa buys Polish e-retailer Displate
Company's founders will remain significant minority shareholders of the business
Mid Europa sells minority stake in listed Waberer's
Transaction also includes a call option for trade buyer Indotek for the GP's remaining 47.99% stake
Permira-backed Allegro lists with market cap of €9.8bn
Allegro intends to use the proceeds, alongside a new credit facility, to repay its existing debt
PE-backed Allegro announces intention to float
Poland-based e-commerce platform backed by Cinven, Permira and Mid Europa reportedly aims for €10-12bn valuation
Allegro's PE sponsors plan IPO
GPs jointly acquired Allegro from South African media group Naspers for $3.253bn in October 2016
The Deals Pipeline
A fortnightly highlight of deal processes underway and involving PE, either on the buy- or sell-side, across Europe
Mid Europa's Profi to acquire Pram Maya
Profi continues its expansion strategy by taking over Pram Maya's 18 stores in Prahova
Resilient Romania attracting PE
PE investment across all brackets has picked up in Romania this year, and CEE stalwart Mid Europa has just opened an office in the country
Mid Europa opens Bucharest office
New office will be led by Berke Biricik, a principal who joined Mid Europa in 2013
Mid Europa-backed Regina Maria buys Somesan Clinic
Addition of Somesan extends Regina Maria's reach to 19 counties and adds 20 outpatient clinics
Invest Europe appoints Mid Europa's Baudon as chairperson
New chairperson takes over from DN Capital's Marovac and will serve a one-year term
CEE buyout market picks up after record low in Q1
Dealflow has rebounded, but pricing expectation mismatches are still an obstacle to overcome
Mid Europa sells Knjaz Miloš to KMV, PepsiCo JV
GP makes the divestment from Mid Europa IV, ending a holding period of four years
Mid Europa buys Mlinar
GP is currently investing from Mid Europa V, which held a final close on €500m in December
CEE fundraising activity promises buyout revival
Fundraising in the region held strong in 2018 in contrast to the rest of Europe and promises to be even stronger in 2019, even as dealflow slumped