CEE-centric 3TS Capital Partners have invested in a Turkey-based online dating site called eÇift. The investment has been made through the 3TS Technology in CEE Fund and is also called the 3TS Cisco Fund; Cisco is an anchor investor in the fund, which supports growth capital funding in the said region. Along with co-investor Istanbul Venture [...]
Tag Archives: 3TS Capital Partners
Avangate Receives €4m Investment from 3TS Capital Partners
CEE private equity investor 3TS Capital Partners recently announced a substantial investment in Avangate, a Netherlands-based company providing marketing and distribution solutions for software companies. Avangate plans to use the financing to further develop its e-commerce platform and expand into new markets. The €4 million investment will be spread out over the next six months [...]
Rankomat.pl Sells Minority Stake to 3TS Cisco Growth Fund
3TS Capital Partners has recently announced an investment in Polish online insurance company Rankomat.pl. The value of the sale has been placed at PLN 12 million to be paid out incrementally over the next 12 months. 3TS purchased the stake through its 3TS Cisco Growth Fund. Rankomat.pl Rankomat.pl is an online insurance aggregator focusing particularly [...]
3TS Capital Partners Sells CMU Majority Stake to Advent International
In a move that brings an end to a three-year investment, 3TS Capital Partners/3i has agreed to sell its majority stake in Romanian medical services company Centrul Medical Unirea (CMU) to Advent International. Joining the sale are CMU’s founders who own a minority stake. Centrul Medical Unirea (www.cmu.ro) CMU is a Romanian medical services company established in 1995 [...]
adverServe Buy-out Marks 15th Successful Exit by 3TS Capital
After three years as majority shareholder in Austrian internet company adverServe Digital Advertising Services, CEE private equity firm 3TS Capital Partners has exited the portfolio company via a sale to founder Boris Schärf. Mr. Schärf completed the buy-out with financial support from an undisclosed Austrian bank. 3TS first acquired adverServe in 2006 as part of [...]
SolveDirect To Spin-off With Investment From 3TS Cisco Growth Fund
The 3TS Cisco Growth Fund has reached a deal with Brain Force Holding AG, allowing the fund to invest in Brain Foce subsidiary SolveDirect Service Management GmbH. The deal will result in the spin-off of SolveDirect, with Brain Force remaining as majority shareholder, while 3TS Cisco will team up with SolveDirect management to invest up [...]
3TS Invests in InternetCorp Via the 3TS Cisco Growth Fund
Citing the growing Internet market in Romania, 3TS Capital Partners has announced an investment in Romanian online publisher InternetCorp. The deal, which gives 3TS a minority stake for an undisclosed amount, is to be transacted via the 3TS Cisco Growth Fund, a 3TS fund dedicated to communications, media, and technology opportunities. With a strong track record [...]
iVCi and 3TS Capital Announce Co-Investment for 3TS Cisco Fund
3TS Cisco Growth Fund is set to receive a significant boost via a co-investment deal between 3TS Capital Partners and Istanbul Venture Capital Initiative (iVCi). 3TS Capital partners, a CEE private equity firm, will join forces with iVCi to provide a €6 million investment aimed at helping the technology, media, and telecom sectors grow in [...]
Second Round of Fundraising Nets Cycleenergy €10m
Portugal’s Banif Investment Managers has spearheaded a second round of funding for Austrian biomass power producer Cycleenergy, through a €6 million investment from its New Energy Fund. Combined with contributions from 3TS Capital Partners and current shareholders, the Banif Investment deal brings the total for this round of funding to €10 million. Cycleenergy plans to [...]
LogMeIn Updates IPO Plans with U.S. SEC
LogMeIn, a Company that develops software for controlling computers via remote connections, has announced updated plans for their pending IPO. The Woburn, MA Company began the IPO process in January 2008, but has opted to hold off on its IPO plans until the economy showed signs of recovery. The update plans included filing new registration [...]
3TS Capital Partners Acquires 16.77 Stake in Investor.bg
3TS Capital Partners, a CEE-focused growth capital firm, has acquired a 16.77 percent stake in online media company Investor.bg. 3TS Capital Partners made the purchase of the Bulgarian-listed company using the firm’s 3TS Cisco Growth Fund, established in November 2007 with Cisco Systems Inc. The purchase was made at USD 8.2 per share to the [...]
EBRD to Invest EUR 40 million Into 3TS CEE Fund III
The European Bank of Reconstruction and Development (EBRD) will make a EUR 40 million investment into 3TS CEE Fund III. The regional private equity fund has a target size of EUR 200 million, however, the EBRD will not exceed 20 percent of total aggregate commitments. The fund will maintain the environmental and business standards of [...]
3TS Capital Partners Divest from PXP Software
3TS Capital Partners will exit from its majority stake in PXP Software AG. The leading private equity and venture capital firm in Central and Eastern Europe has announced its planned divestment of one of the leading e-business and online marketing services in Austria. After making its initial investment in 2004 with its TCEE Fund, 3TS [...]
3TS-Cisco Growth Fund III invests into Axigen
A consortium around Greek Global Finance, 3TS-Cisco Growth Fund III and others invested € 2 million into Gecad Technologies, the developer of Axigen Mail Server. Axigen (www.axigen.com) Established in 2001, Gecad Technologies SA, member of the GECAD Group, is the vendor of Axigen, a messaging solution for professionals that ensures an efficient and secure worldwide [...]
3TS Capital Partners invest in Romprest Service S.A.
3i acquired through 3TS capital Partners a 30% stake in Romprest Service S.A., the Romanian leading cleaning and facilities management group. The seller was Detaco LLC, controlled by domestic businessmen, which sold 30% and retained 60%. The rest of the shares (10%) are held by the Compania Nationala Aeroportul Henri Coanda Bucuresti S.A. Romprest Service [...]
Cycleenergy Receives EUR 6.7 million Investment form 3TS and Ventacc
Leading growth capital investor 3TS Capital Partners, backed by London’s 3i, led a round of investments into Austrian bio-energy group Cycleenergy. 3TS Central European Fund II invested EUR 4.3 million, while founding shareholder Ventacc invested EUR 2.4 million. The EUR 6.7 million closing will be used to expand Cycleenergy’s infrastructure and capacity. Cycleenergy (www.cycleenergy.at) Bio-energy [...]
3TS Capital Partners Acquires Minority Share of Centrul Medical Unirea
In the largest transaction involving a Romanian health care provider, 3TS Capital Partners, the Central European adviser to London-based 3i Plc, has acquired a significant minority stake in Centrul Medical Unirea. The full details of the transaction have not been announced. Centrul Medical Unirea (www.cmu.ro) A German cardiologist, Dr. Wargha Enayati, established a small private [...]
3TS Acquires Minority Stake in Dom Maklerski TMS Brokers
Poland’s leading FX brokerage house, Dom Maklerski TMS Brokers S.A. Announced that 3TS Capital Partners has acquired a minority stake in the company. The investment will be used to expand Dom Maklerski TMS Brokers’ position in the Polish market and further develop the firm’s portfolio. The founder and CEO Mariusz Potaczala and the other shareholders [...]
