VC investment house Advent International has entered into an agreement to buy a 55% stake in Poland’s EKO Holding, a chain of supermarkets which is held in majority by Krzysztof and Marzena Gradecki. As part of the deal, the Gradeckis will buy back non-core businesses owned by the holding company; this means Advent will reduce debt [...]

American Heart of Poland (AHP), the Polish network of cardiovascular treatment facilities across the South Krakow region, which is now owned by Advent International, has bought a majority stake (50 percent + 1) in Carint Scanmed, one of the country’s industry leaders. The purchase was made from the parent company, Scanmed Group which, in turn [...]

Post the Easter weekend, Polish telecom company Netia could be looking at share sales worth more than EUR 600 mln. Three PE majors have shown interest in purchasing the company’s shares, and are thought to be Bridgepoint, Innova Capital and Advent International. The news of the possible fund inflow pushed Netia to an 11-year high, to [...]

Istanbul based departmental store chain YKM’s announcement of a stake sale has attracted bid from global PE firm Carlyle. The firm has tied up with Turkish private equity investor Esas Holding AS for a 63-per cent stake of the retail chain operator. California based real-estate investor Colony Capital – in collaboration with local private equity [...]

Warsaw based leading operator of cardio-vascular treatment units – American Heart of Poland S.A. (AHP), has attracted global private equity firm Advent International for fresh capital infusion. The amount of investment in AHP remained undisclosed . As a precursor to the deal, AHP’s legal status was changed from a “Limited Liability Company” to a “Joint [...]

Polish company Emperia has shortlisted four private equity firms for the sale of its retail division. Potential investors include Advent International, Mid Europa Partners, Penta Investments and Doughty Hanson; Tesco and Carrefour are also interested in the acquisition, which is valued at USD 272 mln (PLN 900 mln). The deal follows an attempt by Emperia [...]

Advent International-backed animal nutrition leader Provimi Pet Food has sold its French factory to rival company ATM. Following the sale, Hungary-based Provimi will operate from seven production units in Europe, with expansion plans underway for Germany, Romania and Poland. ATM (www.hery.fr) ATM, founded in 1980, is headed by Eric Charles. Héry Laboratoires is one of [...]

Global equity investor Advent International recently announced the acquisition of two partner companies from the Czech Republic’s Penta Investments. The two companies,TES Vsetín and MezServis, make up what will be called the TES Group. Advent will acquire 100% of the shares of both companies pending the approval of German and Czech authorities. Penta first purchased [...]

Animal nutrition company Provimi Group has agreed to sell its European pet food manufacturing company to global private equity firm Advent International. Provimi Pet Food (Provimi) will go to Advent based on an enterprise value of €188 million. Advent’s investment will enable Provimi to focus on growth plans which include developing new product lines, breaking [...]

Global private equity firm Advent International has chosen Kiev-based ISIDA as the target of its first Ukrainian investment, acquiring a controlling stake in the company just two months after reaching a GBP 925 million deal for the UK’s Priory Group. The acquisition is a continuation of Advent’s 26-year history of healthcare investing. ISIDA will now [...]

Pending Romanian regulatory approval, Eureko Asigurari will sell the nation’s first private general hospital to Advent International portfolio company Centrul Medical Unirea (CMU). The acquisition of Euroclinic Medical Centers (Euroclinic) is part of Advent’s strategy of building CMU into Romania’s market leader for upscale medical services. Euroclinic will keep its own name for market recognition purposes. Romanian patients already [...]

Austrian-based EGGER Holzwerkstoffe GmbH has agreed to acquire a 71% stake in Turkey’s Roma Plastik for an undisclosed amount. The shares were sold by Advent International and Turkven Private Equity, who had controlled the company since 2006. Under their leadership Roma Plastik has successfully solidified a share of the Turkish market while also increasing the [...]

E. Wedel, the famous Polish confectioner, is up for sale and apparently attracting the attention of some high-profile bidders. Among those interested in the company are American rivals Hershey and Nestle, along with PE firms Advent International and Bridgepoint. It is believed that Ukranian confectioner Roshen may have shown initial interest but has since dropped [...]

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 [...]

Last September, American buyout firm Advent International purchased a 79% stake in Devin AD from Austria’s Soravia Group, with plans to acquire the remaining shares in a takeover bid. Now Advent is poised to delist the Bulgarian water bottler from the Bulgaria Stock Exchange after it completes the acquisition of 95% of company shares. The Bulgarian government has [...]

VEM, the parent company of Ratiopharm, has directed Commerzbank and BNP Paribas to put together staple financing in support of potential Ratiopharm bidders. VEM put the German pharmaceutical producer on the auction block earlier this year in an attempt to raise capital to pay down debts. Ludwig Merckle would like to see Ratiopharm sold as [...]

Boston-based private equity firm Advent International has made a public bid for WSiP S.A. The bid, for Poland’s leading textbook publisher, offers PLN 16.35 per share which represents a 1.5% premium over the closing price for Nov. 5th. If accepted, the bid could amount to a total sale price of up to PLN 405 million. [...]

Global buyout firm Advent International has reached an agreement with GFKL Financial Services AG to acquire a controlling stake in the German debt collection company. A group of GFKL’s institutional investors will sell the stake to Advent for an undisclosed amount. In addition to the acquisition, Advent is committed to a capital increase to help [...]

After several months of searching, Austrian investor Soravia Group has reached a deal to sell it’s stake in Devin AD to private equity firm Advent International, who will purchase a 75% stake in the Bulgarian beverage company through a share purchase. A takeover bid will follow to acquire all the remaining shares except the 6.75% Devin management will [...]

After confirming in May that Bulgarian bottled water producer Devin was on the sale block, the Soravia Group has now entered exclusive talks with Global private equity firm Advent International. The talks, which began on July 13th, are aimed at creating a deal to give Advent an 82% stake in Devin including Soravia’s 75.3%. At least [...]