Invest-IQ

Europe has already given us one great VoIP company – Skype, but it looks like European market seems to be interested in giving us more. One of the sexiest entrants to this crowded VoIP game is Vox.io. It is a Slovenia based VoIP company that makes phone calling highly social. Currently it has a web [...]

DoubleRecall, the company that was featured among 60 companies at the Y Combinator summer session demo day last August, has bagged a USD 1.6 mln round of seed funding. At the time of Y Combinator, DoubleRecall was offered USD 170,000 by investors including Yuri Milner. For this round, the funding comes from Mentor Equity, Digital [...]

Royalton Capital Investors II, a fund held by Royalton Partners, has indirectly acquired a 70 percent stake in IUS Software, a Slovenian market leader in providing online information for legal and business professionals. The acquisition was made through Royalton’s holding company, IUS Legal and Business Solutions, Holland. IUS founder Anton Tomazic has reduced his stake [...]

General Atlantic, a growth equity investor, has recently opted to back Slovenia based Studio Moderna, an e-commerce and direct-retail platform which targets Central and Eastern Europe. Along with General Atlantic, other investors include: Insight Venture Partners, Templeton Strategic Emerging Marketing Fund III, and JH Partners. Studio Moderna (www.studio-moderna.com) Founded in Slovenia in 1992, Studio Moderna [...]

Oaktree Capital Management is preparing to divest itself of Stock Spirits, the Central European alcoholic beverage producer. Although Oaktree appears to be planning for auction, the company has not specifically indicated that selling Stock Spirits to another private equity investor is definitely the plan. Oaktree appears to also be considering an initial public offering if [...]

A handful of investors in Slovenian food supplier, Mercator, are looking to sell their shares in the company to Mid Europa Partners. Slovenian bank, Nova Ljubljanska Banka, is reportedly talking with Mid Europa about a deal to sell their 10.75% stake. Arkas, the Ljubljana-based financial adviser managing the sale, has indicated that four other banks [...]

Slovenian retail giant Mercator has decided to begin the process that would allow it to complete a capital share increase of about 20%. The company’s Board has planned to offer new shares of Mercator in order to raise cash for future expansion activity. According to a 2007 Shareholder resolution, Mercator is free to issue the [...]

Following an announcement in May of this year regarding the sale of UPC Slovenia, Liberty Global has completed the deal with Mid Europa Partners, giving the CEE equity firm 100% ownership. Though the details of the transaction have not been disclosed, estimates at the time of the May announcement put the deal between €130-150 million. [...]

Liberty Global, Inc., owners of UPC Slovenia, announced in mid-April its intentions to sell the Slovenian cable and broadband provider to an undisclosed buyer. An agreement has now been reached that paves the way for Mid Europa Partners to acquire 100% ownership of UPC Slovenia. No details of the sale have been made public, but [...]

iEurope Fund LLC sold its shares in Slovenia-based ATech elektronika, generating a gross IRR of about 18%. The private equity fund also realized a gross cash-on-cash return of more than 2.3 times. Through the partnership with iEurope, ATech elektronika doubled both the size of its business and its factory. ATech elektronika (www.atech.si) ATech elektronika offers [...]

Donfin, whose most important owners are Mohar Satler Investicije, acquired Slovenian company Donit Tesnit d.d. from its current owners Arx Equity Partners (former DBG Eastern Europe). The transaction is valued at € 15 million, whereas € 11.85 million was financed through a loan from Unicredit Bank Slovenia. Donit Tesnit d.d. (www.donittesnit.si) Donit Tesnit is one [...]

DBG Eastern Europe completed an MBI of a 100% shareholding in Slovenian plastic components producer Tomplast. Tomplast d.o.o. (www.tomplast.si) Tomplast is a plastic components producer mainly active in the automotive industry. DBG Eastern Europe (www.dbgee.com) DBG Eastern Europe focuses on investments in Central and Eastern European countries, with presence in the Czech Republic, Hungary, Poland [...]