Management advisory and investment firm Delta Partners has signed an agreement to invest up to EUR10 million (approximately US$13.1 million) in mobile virtual network operator Virgin Mobile Central and Eastern Europe (VMCEE). This is part of a larger EUR40 million (approximately US$51.8 million) financing round for VMCEE that includes participation… Read More
Syntaxis Capital, a provider of mezzanine financing in Central Europe, has invested EUR15 million (approximately US$19.4 million) in debt and equity in Poland-based Glass-Team, a manufacturer of fire-resistant glass used in commercial building facades, exterior and interior walls, windows and doors. The investment will support Glass-Team's European expansion and allow… Read More
Global private markets investment manager Partners Group has acquired a 30 percent stake in Turkey-based natural gas distributor Enerya. The stake was acquired from Enerya's parent company, Turkey-based infrastructure conglomerate STFA Group, which continues to hold the remaining equity. Enerya owns and operates nine natural gas distribution companies in different… Read More
Private equity fund manager Avallon has signed an agreement to acquire 100 percent of Poland-based cosmetics manufacturer MPS International, together with the company’s management, from Sweden-based holding company MPS Holding. The transaction was structured through Avallon MBO Fund II. MPS International will continue to focus on manufacturing cosmetics and household… Read More
Russia-based web and video conferencing software company Webinar.ru has raised US$7.3 million in a Series A financing round led by Intel Corporation’s venture capital arm Intel Capital and development finance institution European Bank for Reconstruction and Development (EBRD). Private equity firm Flint Capital and asset manager VTB Capital, the investment… Read More
ARX Equity Partners, a lower mid-market buyout firm focused on Central and Eastern Europe, has acquired Poland-based window cover and component manufacturer Anwis Polska along with business executive Jacek Gromniak, the company’s newly appointed CEO. The transaction was structured through ARX CEE III. ARX and Gromniak plan to grow the… Read More
Global investment firm Kohlberg Kravis Roberts & Co. (KKR) has agreed to sell its stake in Turkey-based ferry operator U.N. Ro-Ro Isletmeleri to private equity firms Esas Holding and Actera Group. The transaction amount is reported to be around EUR700 million (approximately US$936 million). KKR originally acquired a 97.6 percent… Read More
Central and Eastern Europe-focused private equity firm Mid Europa Partners has reached a final close on its latest fund, Mid Europa Fund IV, with EUR800 million (approximately US$1.07 billion) in capital commitments. The fund will be complemented by an additional pre-allocated co-investment program of EUR650 million (approximately US$873 million). Read More
Central and Eastern Europe-focused private equity firm 3TS Capital Partners has invested US$7.2 million in Czech Republic-based multiscreen solution provider Visual Unity. The transaction was structured through 3TS-Cisco Growth Fund III. The company intends to use the funding to increase its sales efforts with the aim of expanding its… Read More
Central and Eastern Europe-focused private equity fund manager Abris Capital Partners has agreed to buy Romania-based courier service provider Urgent Curier. Abris plans to merge the company with its existing portfolio company Cargus International, a Romania-based domestic parcel shipping company, which it had acquired in October 2012. Post-merger, the… Read More
(default archive template)