BaltCap has sought permission from anti-monopoly authorities in Lithuania for a 45.3 per cent acquisition of stake in one of the top four coffee retailers in the nation – Keturi Kambariai. The Lithuanian Competition Council (LCC) received BaltCap’s application to invest a total of USD 3.74 mln (LTL 10 mln) in the retail chain Coffee [...]

The Baltic region’s premiere VC fund, BaltCap, has invested in Latvian metal components and parts manufacturer Amateks. The investment of EUR 800,000 is its fourth one in the region in 2012, and is expected to be used to enhance their product offering as well as modernizing their manufacturing facilities to attract new customers. BaltCap will [...]

In collaboration with a loan facility extended by SEB-Nordea consortium of banks, BaltCap, the Baltic region’s premiere VC player, has completed its investment round in the Mäli & Tamba wind farm in Estonia. The project also garnered an investment grant from the Environmental Investment Centre. The target of BaltCap’s second investment in the energy sector will [...]

The management team of Latvian DIY department store chain DEPO has just gone through a Management Buy-Out that transfers the 72 percent stake formerly held by BaltCap back into the hands of the management team. The MBO is being backed by ABLV Private Equity Fund and the move will allow the management team to develop [...]

Baltic states PE and VC leader BaltCap has made a sizeable investment in Ekju, the regions largest garden furniture manufacturing house. The EUR 1.5 mln investment is likely to be used to modernize the target company’s production facilities as well as contribute towards its working capital. The funding comes from a mix of private investors [...]

UK based IT infrastructure and software technology company Clusterpoint has secured EUR 1 million in investments from Baltcap – Baltic regions leading venture capital firm. The startup had earlier received seed funding from London based VC Imprimatur Capital while Latvian VC firm Eko Investors provided the next round of funding. Clusterpoint plans to use Baltcap’s [...]

Labochema, a leading provider of laboratory supplies and related services in the Baltic region, has secured growth capital financing from Lithuania SME Fund.

The Baltic region’s leading PE fund, BaltCap, seeks to invest EUR 500.000 in Vendon, a Latvia-based draugiem.lv group company that provides telemetry-based monitoring solutions to international and local models of vending machines. The fund comprises moneys from the European Union Structural Funds as well as private investors. Vendon Vendon is a group company of Latvia-based [...]

The Baltic SME Fund – an investment vehicle advised by leading private equity investor BaltCap, has sold its significant minority stake in Estonian textile rental and laundry service provider Tallinna Pesumaja to local private investors. The Baltic state’s leading PE fund had provided capital for setting up a new laundry facility and development of the [...]

BaltCap has picked up a majority stake in Lithuania’s leading health and fitness club chain Impuls LTU through the Lithuania SME Fund. The USD 2 million investment would be used for potential add-on acquisitions in the future as the health club eyes organic growth in the under-penetrated domestic market. The Impuls deal is the second [...]

BaltCap, through its Latvia Venture Capital Fund, has invested into Riga-based IT company AGroup. BaltCap purchased a significant minority share valued at EUR 1.5 million. The Latvia Venture Capital Fund is part of the EU Structural Fund and is in part financed by the JEREMIE Holding Fund. AGroup (www.agroup.lv) AGroup was originally founded in 1995 [...]

The Baltic States leading private equity and venture capital firm BaltCap has invested into the start-up of a Latvian based LCD (Liquid Crystal Display) production company, EUROLCDS. The investment was made through the European Investment Fund – JEREMIE, with financing by the EU Structural Fund. The decision to finance this start-up was based in part [...]

BaltCap will make its first investment from the Lithuania SME Fund into Ygle, Lithuania’s leading provider of building systems solutions. The Lithuania SME Fund is co-financed by the JEREMIE (Joint European Resources for Micro to Medium Enterprises) Holding Fund which is held by the European Investment Fund. Ygle (www.ygle.lt) Ygle mainly provides services to retail, [...]

BaltCap, a large private equity firm, and its minor shareholders, have agreed to sell 100% of the stock that is held in their Baltic Investment Fund III for Adam Auto SIA, to Amserv Group. Amserv Group is a subsidiary of Hansa Auto SIA, the largest auto sales company in Estonia and Latvia. Adam Auto SIA [...]

One of the Baltic region’s leading private equity investors, BaltCap, has acquired a significant stake in business services company SIA Runway. BaltCap has acquired 40.82% of the company from it’s principle investor, Norway’s Dasha AS, via funds from the BaltCap Private Equity Fund which it manages. It is unclear how much control BaltCap will have [...]

Baltic region venture capital firm BaltCap has announced an investment which gives it a controlling interest in Kelprojektas, a Lithuanian engineering company. More than 90% of Kelprojektas’ total shares were acquired by the BaltCap Private Equity Fund from the company’s former shareholders. Those former shareholders included an unnamed financial investor and two separate road construction [...]

BaltCap has announced a deal that gives the PE and VC investor a majority stake in Oobelisk, a corporate media startup in the Baltic region. The deal was completed within the framework of the EU’s JEREMIE initiative, which provides EU member states with financing for equity investments and loans targeted at small and medium-sized enterprises. Oobelisk [...]

BaltCap, the Baltic States’ leading private equity investment firm, has purchased a significant minority stake in Estonian road construction company Trev-2. BaltCap spent €3.2 million to acquire 1.5 million new shares, equal to a stake of 20.75%. BaltCap made the acquisition based on plans to take the company public sometime in the future. It is [...]

BaltCap has announced the first investment for its BaltCap Latvia Venture Capital Fund, a €1.4 million, minority-share deal with concrete flooring company Primekss. The fund is a JEREMIE Holding Fund financed in partnership with the EU Structural Fund’s European Investment Fund (EIF). The investment is a milestone for both BaltCap and the EIF in that [...]

Estonia’s BaltCap has made a move to reinvest in a company it exited seven years ago. BaltCap recently signed an agreement to acquire a 25% stake in TREV-2 Group for an undisclosed sum. The private equity firm first invested in TREV-2 back in 1998, holding on to their stake until they sold it to Alta [...]