Cogito Capital has reached the first closing of its Cogito Fund I with €55 million in commitments. The Fund is focused on late- and growth-stage B2B software, fintech and mobility companies. Cogito will predominantly invest in Series B and C tech companies operating in Central Europe that have the potential to expand or are already growing in other European markets and the USA.

Abris Capital Partners, has signed an agreement to acquire a majority stake in Global Technical Group, the leading end-to-end building management solution provider in Romania. Abris will partner with the two founders Mr. Fadi Rida and Mr. Mihai Stanescu to grow the operations of the Group and further expand in the region. The transaction is conditional upon securing clearance from the anti-monopoly authorities.

Innova Capital, a CEE private equity firm will become a shareholder in Optiplaza, one of the top players on the Romanian optical market. The transaction marks further stronger entry of the fund into the attractive and growing optical market.

Innova to take up 100% of shares in Optical Network, one of the biggest players on the Romanian retail and distribution optical markets.

ABC Data S.A., the first buy-out investment from MCI.EuroVentures portfolio, was sold to one of the European IT distribution tycoons – ALSO Group. The managers of the Fund delivered an over two times return on investment. The transaction was carried out as a sale of business, preceded by announcement of a call for 100 percent of the shares.

Polish Enterprise Fund VII, a private equity fund managed by Enterprise Investors, announced today that it has signed an agreement to sell 3S, a provider of fiber-optic and data center services for B2B clients, to P4, one of the leading telecom operators in Poland.

Abris Capital Partners, the Central & Eastern European private equity fund manager, has signed an agreement to acquire Dentotal Protect, the leading distributor of dental consumables, instruments and equipment in Romania, from the Dogariu family that will remain in the business. The transaction is conditional upon securing clearance from the anti-monopoly authorities.

Flarna Holdings Limited, controlled by a fund managed by ARX Equity Partners, has entered into a binding agreement for the sale of Anwis Sp. z o.o. to Novaco Invest GmbH, a subsidiary of WAREMA Renkhoff SE. The transaction is subject to approval by competition protection authorities and its finalization is expected in approximately two months.

Medical Center MAVIT is a recognized and award-winning medical network, operating on the market of healthcare services for almost 20 years. The offer includes a wide range of ophthalmic services, from diagnostics to surgery for cataracts, laser vision correction, glaucoma and AMD. The company employs over 100 doctors and nearly 200 supporting personnel. Patients can benefit from services both commercially and as part of a contract with the NFZ.

Innova Capital, a leading Central European private equity firm will become a stakeholder in CS Group Polska, one of the top online marketing services suppliers for the small and medium enterprises sector. The transaction exposes the fund to an attractive and growing online advertising market.