Members can access GPC Analytics for a ten-year archive of CEE private capital transactions and data cuts.
Research Team
Jeff Schlapinski, Managing Director, Research
Tatia Dzaptashvili, Analyst, Research
Central & Eastern Europe Research
2024 Trends in Global Tech
21 March 2024GPCA markets are searching for a new normal. After an unprecedented wave of activity during COVID-19, venture capital (VC) deal value and count fell for the second straight year in… Read More
2024 Industry Data & Analysis
20 February 2024GPCA’s 2024 Industry Data & Analysis features in-depth private capital data, commentary and analysis on key trends across global markets. Key data takeaways: Overall private capital deal value across GPCA’s markets… Read More
Private Capital in CEE: Building Businesses Against the Backdrop of a War
6 February 2024For private capital investors in Central & Eastern Europe (CEE), the economic and geopolitical developments of the last several years – including Russia’s invasion of Ukraine – have presented a unique set… Read More
2023 Industry Data & Analysis
21 February 2023Private capital investment activity across GPCA’s markets remained strong by historical standards in 2022, with fund managers deploying USD208b. Overall deal value declined 22% from 2021, yet 2022 was still… Read More
2023 Trends in Global Tech
21 February 2023Overview GPCA’s annual Trends in Global Tech report traces venture capital flows across Africa, India, China, Southeast Asia, Latin America, Central & Eastern Europe and the Middle East. Amidst a… Read More
2022 CEE Data Insight
15 December 2022Private capital deal activity in CEE declined in Q3 2022 amidst a global tech slowdown and the Russia-Ukraine war. Still, opportunities in tech and the energy transition continue to attract… Read More
2022 Global Private Capital Industry Data & Analysis
16 February 2022GPCA Members can log in to download the complete 2022 Industry Data & Analysis Excel file. GPCA data through year-end 2021 across Asia, Latin America, Africa, CEE and the Middle… Read More
Mid-Year 2021 Global Private Capital Industry Data & Analysis
16 September 2021GPC 1H 2021 data on fundraising, investment and exit activity across Asia, Latin America, Africa, CEE and the Middle East Key data takeaways: All major markets posted year-over-year gains… Read More
CEE 2021 Data Insight
31 March 2021Total CEE exit value disclosed to EMPEA reached USD7.8b in 2020, bolstered by public markets transactions Total exit value in Central & Eastern Europe (CEE)—inclusive of Turkey, Russia, and neighboring… Read More
CEE & CIS Data Insights (Mid-Year 2020)
10 September 2020EMPEA Members can log in to receive exclusive access to the full detailed report (PDF) and underlying data (Excel). Buyout-focused GPs raised USD783m for CEE & CIS in 1H 2020, becoming poised… Read More
2021 Climate Data Insight
2 November 2021Based on GPCA’s newly developed taxonomy of climate-dedicated businesses, the 2021 Climate Data Insight covers climate-focused private capital activity in Asia, Latin America, Africa, Central & Eastern Europe and the… Read More
2021 Trends In Global Tech
25 May 2021Investments in Africa, Asia, CEE, Latin America and the Middle East EMPEA’s 2021 report on global venture investment traces venture capital (VC) flows across Africa, Asia, CEE, Latin America and… Read More
Central & Eastern Europe News
Innova Capital Acquires Minority Stake in Poland’s CloudFerro
Innova Capital acquired a minority stake in CloudFerro, a Poland-based cloud services provider for the European space sector. Read More
Horizon Capital Reaches USD350m Final Close for Ukraine Fund IV
Horizon Capital reached a USD350m final close for its fourth fund focusing on fast-growing primarily tech and export-oriented companies in Ukraine and Moldova. The fund had a USD250m target. Read More
Actis-Led Consortium Acquires Telecom Tower Portfolio from Serbia’s Telekom Srbija
A consortium led by Actis acquired a tower portfolio from Telekom Srbija, a Serbia-based telecommunications operator. The deal includes 1,800 macro towers across Serbia, Bosnia & Herzegovina and Montenegro. Read More
CEECAT Capital To Exit Turkey’s Anatolia Hospitals to Koc Holding
CEECAT Capital agreed to fully exit its 80% stake in the Turkey-based hospital chain Anatolia Hospitals through a sale to Koc Holding at an enterprise valuation of EUR110m (~USD120m). Read More
Horizon Capital Invests in Ukraine’s Viseven
Horizon Capital invested in Viseven, a Ukraine-based pharmaceutical marketing agency. Read More
Resource Partners Exits Poland’s Tołpa to Innova-backed Bielenda
Resource Partners fully exited Poland-based cosmetics manufacturer Torf Corporation, the owner of Tolpa and ON brands, to Bielenda, a cosmetics company backed by Innova Capital. Read More
Innova-backed EMI Acquires Romania’s Kadra
EMI Group, an industrial access solutions provider backed by Innova Capital, acquired Kadra, a Romania-based integrated solutions supplier for automation and access management. Read More
Horizon Capital Invests in Ukraine’s GoIT
Horizon Capital invested in GoIT, a Ukraine-based education platform focused on programming and other digital skills. Read More
Warburg Pincus Leads USD100m Round for Lithuania’s Nord Security
Warburg Pincus led a USD100m round for Nord Security, a Lithuania-based cybersecurity provider, with follow-on from Novator Ventures and Burda Principal Investments. The company was valued at USD3b. Read More
EBRD and MCI Invest ~USD21.5m in Baltic’s PHH Group
European Bank for Reconstruction and Development (EBRD) and MCI agreed to invest EUR20m (~USD21.5m) in PHH Group, a Baltic-based e-commerce platform with a presence in Finland. Read More
CVC Capital Partners Reaches ~USD29.2b Final Close for Fund IX
CVC Capital Partners reached a EUR26b (~USD29.2b) final close for its ninth fund focused on European and American investments. The vehicle exceeded its EUR25b target, making it the world’s biggest… Read More
Horizon Capital Leads USD70m Series C+ for Ukraine’s Preply
Horizon Capital led a USD70m Series C+ for Preply, a Ukraine-founded language tutoring platform, with participation from Reach Capital, Hoxton Ventures and others. Read More