21 Concordia, a private equity fund from 21 Partners group, acquired a 40% stake in the leading Polish freight forwarding and logistics operator – VGL Group Sp. z o.o.

ARX Equity Partners has completed the majority acquisition of TMX Mobile Solutions, a Hungary-based mobile device repair business on track to generate 2018 turnover of over € 40 million.

A record sales transaction on the Polish fintech market. MCI.EuroVentures (MCI Group, MCI, The Fund) and Saltus TUW have signed a contract for the sale of one of the Polish leaders in the e-payment market – Dotpay/eCard (Dotcard) were sold for PLN 315m to a strategic investor – Nets, the digital leader in the Nordic markets.

Mid Europa Partners, the leading private equity investor in Central and Eastern Europe, announced today that it has entered into an agreement to invest in JS Hamilton and partner up with its founder, Jan Olszowski  who will remain involved in the business. The transaction is subject to customary clearance by anti-trust authorities and is expected to close in Q3 2018.

Started by a team of Polish founders in New York, Deep.BI creates advanced AI-based analytical solutions for digital media publishers. In May this year, the company raised a seed round of PLN 4.8 m (EUR 1,1 m) total  from Black Pearls VC (PLN 3m, EUR 700k) and a few Polish business angels (PLN 1,8 m, EUR 400k) involved with the media industry.

MCI.TechVentures Fund (Fund, MCI.TV) sold its shares in iZettle as part of one of the largest European acquisitions of technology companies in the last decade. The shares were purchased by US-based PayPal.

MCI.EuroVentures Fund (MCI.EV, Fund) closed sales of entire position in lifebrain, company that operates on healthcare and medical diagnostic market in Italy. Overall transaction totalled to EUR 36.6M (PLN 155M).

Following an approval by regulatory authorities, ARX Equity Partners (ARX) has completed the exit of its investment in Czech producer of specialized electrical motors VUES Brno s.r.o. (VUES) via a sale to Moog Inc. (NYSE:MOG.A) (NYSE:MOG.B) for a purchase price of € 53 million. The ARX investment into VUES generated an overall 11.8x cash-on-cash return multiple and an IRR of over 30%.

Black Pearls VC has invested PLN 2.94 million (EUR 700k) in Insly, a company that created an innovative software supporting insurance agents and brokers in effective management of sales and customer service activities.

The fund, whose investors are MCI Capital S.A. and Krajowy Fundusz Kapitałowy  (KFK – National Capital Fund), has sold to a strategic investor its portfolio company operating in the medical diagnostics market. The company operates the Zdrowegeny.pl platform.