Sunman Group Acquires Romania’s Noriel Group; Enterprise Investors Exits

Enterprise Investors through its private equity fund Polish Enterprise Fund VII has sold its 100% stake in Romania-based toy manufacturer Noriel Group to Turkey-based Sunman Group for an undisclosed amount. Enterprise Investors acquired Noriel in 2016 from Axxess Capital and Noriel’s founders for EUR24m (~USD24m).Read more… Read More

Abris-backed GreenGroup Acquires Romania’s SIGAD

Abris Capital Partners acquired SIGAD, a Romania-based developer of environmental reporting software, through its portfolio company GreenGroup for an undisclosed amount. The acquisition launched GroupGroup’s circular innovations division. Read more… Read More

Accession Capital Partners Reaches ~USD91m First Close for Credit Fund

Accession Capital Partners reached a EUR90m (~USD91m) first close for its ACP Credit Fund I. The vehicle, which has a target of EUR200m (~USD203m), will provide senior-secured debt to high-growth SMEs in Central Europe that are seeking to grow organically or through acquisitions or to refinance existing bank debt. Read More

Owl Ventures Leads USD50m Series C for Ukraine’s Preply

Owl Ventures led a USD50m Series C for Preply, a Ukraine-based language learning marketplace, with participation from Swisscom Ventures, Orbit Capital and Przemyslaw Gacek (Grupa Pracuj) and follow-on from Diligent Capital, Hoxton Ventures, Educapital and Evli Growth Partners. Read more… Read More

(default archive template)