Russia and CIS-focused private equity firm Elbrus Capital has invested in B2B-Center, a Russian online marketplace operator, acquiring a 23 percent equity stake in the company. Financial details of the transaction were not disclosed. Read More
Russia-focused private equity firm CapMan Russia, a subsidiary of Finland-based fund manager CapMan, has held a first close for its second Russia-focused fund, CapMan Russia II, at EUR97 million (approximately US$124.6 million). The fund has garnered commitments from ten institutional investors from the United States and Europe, including the… Read More
Poland-based private equity and venture capital firm Enterprise Investors (EI) has agreed to invest EUR7 million (approximately US$9 million) in Elemental Holding, a Polish recycling company specializing in non-ferrous metals and electro-waste. Elemental Holding intends to use the investment to acquire other companies in its sector. EI structured the… Read More
Global venture capital firm General Catalyst Partners has led a US$25 million investment in Russian online travel services company Ostrovok.ru. The company intends to use the investment to fund the development of new and existing products, including a service to book hotels on partner websites. Additional participants in the… Read More
Michael Calvey, Founder and Senior Partner of Baring Vostok, shares his perspectives on the private equity landscape in Russia and the Commonwealth of Independent States (CIS), and discusses some memorable transactions throughout his career in the region. Baring Vostok is one of the oldest and largest private equity firms focusing… Read More
Turkey-focused private equity firm Mediterra Capital has confirmed the final closing of its first private equity fund, Mediterra Capital Partners I, with EUR164 million (approximately US$213 million) in commitments. The fund raised capital from institutional investors including development finance institutions, funds of funds and asset management companies, as well… Read More
Central and Eastern Europe-focused private equity firm Enterprise Investors (EI) has invested in Polish radiotherapy center operator Nu-Med Group. Nu-Med, which started radiotherapy operations in January 2013, offers oncology treatments through a 25-bed facility equipped with three linear accelerators. Financial details of the transaction, which was structured through EI’s… Read More
Polish private equity and venture capital firm Enterprise Investors has invested EUR2.2 million (approximately US$2.9 million) in EP Serwis, a Polish manufacturer and service provider for wooden pallets. EP Serwis intends to accelerate its growth through investments in system development and pallet pool expansion. Enterprise Investors structured the investment… Read More
Lithuania-focused growth capital firm LitCapital has signed an agreement to invest up to EUR3 million (approximately US$3.9 million) in Lithuanian optical technology company Altechna for a minority stake. Altechna manufactures and supplies products in the fields of general optics, optoelectronics and laser components, and the investment is intended to… Read More
LitCapital Asset Management, an independent private equity firm investing in expansion-stage Lithuanian companies, has signed an investment agreement with Baltic Bicycle Trade, a Lithuania-based manufacturer and retailer of electric bicycles. LitCapital will invest between LTL5 million and LTL10 million (US$1.9 million and US$3.8 million) into the company to finance… Read More
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