Market information
Innova Capital sells its stake in WhitePress
RTB House, a global advertising technology firm takes up 100% shares in WhitePress, a content marketing platform, from its Founders, Dirlango, a technology-focused investment firm and Innova Capital, a CEE mid-market private equity firm. WhitePress's management, including founders Paweł Strykowski and Tomasz Kwaśny, will continue in their existing roles. The financial terms of the transaction are not disclosed.
Prime Label completes the acquisition of LabelProfi, a digital printing house in Slovenia
In December 2020, the Central European leader in label production, the Prime Label Group, controlled by Innova/6 SCA §SICAV, a private equity fund from Innova Capital Group, signed a purchase agreement for the majority stake in LabelProfi, a specialised printing house based in Slovenia. LabelProfi specializes in the production of highly processed self-adhesive labels and packaging using digital print technology.
Mid Europa Acquires Sage Poland
Mid Europa Partners ("Mid Europa"), the leading private equity investor in Central and Eastern Europe, announced today that it has entered into an agreement to acquire Sage Sp. z o.o. ("Sage Poland", the "Company" or "Symfonia") from The Sage Group plc. The transaction, which is subject to antitrust approval, is expected to complete in early 2021.
Enterprise Investors to acquire a majority stake in Software Mind
Polish Enterprise Fund VIII, a private equity fund managed by Enterprise Investors (EI), will invest EUR 25 million in Software Mind, a Polish provider of software development outsourcing services.
Mid Europa Completes Acquisition of Majority Stake in Displate
Mid Europa Partners, the leading private equity investor in Central and Eastern Europe, announced today that it has completed the acquisition of a majority stake in GWD Concept Sp z o.o. ("Displate" or the "Company"), from the Founders, Credo Ventures and Miton Capital. The transaction was financed by the leading Polish bank, Bank Pekao.
Abris buys Polish healthcare business Scanmed
Abris to support healthcare network in the extension of its service offering and geographic coverage.
Enterprise Investors announces tender offer for 100% of PragmaGO
Polish Enterprise Fund VIII (PEF VIII), a private equity fund managed by Enterprise Investors (EI), has announced a tender offer for 100% of PragmaGO, a provider of financial services to the SME sector. PEF VIII has secured the right to acquire from the majority shareholder, Pragma Inkaso, a stake that will give the fund 72.07% of votes at the general shareholders’ meeting. The maximum value of the tender offer is EUR 11.9 million.
Enterprise Investors increases its stake in Anwim
Polish Enterprise Fund VIII, a private equity fund managed by Enterprise Investors (EI), will become the majority shareholder of Anwim, Poland’s largest independent operator of petrol stations trading under the MOYA brand. The company is also involved in fuel wholesale. Increasing EI’s involvement requires anti-monopoly approval.
Mid Europa Invests in Displate
Mid Europa Partners ("Mid Europa"), the leading private equity investor in Central and Eastern Europe, announced today that it has entered into an agreement to acquire a majority stake in GWD Concept Sp z o.o. ("Displate" or the "Company"), from the Founders, Credo Ventures and Miton Capital. The transaction is expected to close in Q4 2020.
Innova Capital invests in Bielenda Kosmetyki
Innova will acquire some existing shares from the Founders and will support Bielenda Kosmetyki Sp. z o.o. sp. k. in financing the acquisition of the Polish cosmetics brands portfolio from Orkla Group. The transaction awaits the approval from the Polish Office of Competition and Consumer Protection.