Polish investment firm Enterprise Investors have made two highly successful exits recently – Magellan and Kruk. In the first case, the company reaped a 10x returns on its share sale in Magellan, a speciality finance company founded in 1999. EI has sold its 33.79 per-cent stake in the company – half its former stake, or 2,211,250 shares [...]

Polish investment house Enterprise Investors – through their EVF I fund – has agreed to invest an amount of EUR7 mln in Elemental Holding, currently the nation’s biggest recycler of electro and non-ferrous waste materials. In exchange, EI will receive a 10.2 per cent stake in the company. Apart from helping meet certain CapEx requirements, [...]

Enterprise Investors (EI), a Polish and CEE-focused investment firm has acquired a minority stake in Nu-Med – a radiotherapy centre based in Elblag in Northern Poland. The acquisition was made through its PEF VII, and may see the company consolidating its medical acquisitions in Poland to create a network of specialized health care centres across [...]

Scitech Holding, a leading player in the international market for sports nutrition, has taken on board Enterprise Investors and Morgan Stanley Alternative Investment Partners as significant minority stakeholders in a recent transaction. The acquisition of equity will enable the target company to continue its successful growth path of the past two decades. The Morgan Stanley [...]

Highlander Partners, a Dallas, Texas-based investment company, has concluded its fourth investment deal in Poland through the purchase of ProService AT, a financial services company specializing in transfer agent services to large-scale funds – such as pension and investment) and individual distributors of financial products in Poland. Highlander has purchased the company from Skarbiec Asset Management, which [...]

Enterprise Investors, through its Polish Enterprise Fund V, has found a buyer for its 49 per cent stake in Polish small appliances maker Zelmer; the stake will be purchased by Bosch und Siemens Hausgeräte, and the purchase price has been set at PLN 298 mln. The trade sale will be a result of Zelmer appointing Société Générale [...]

Silesia in southern Poland will soon have a new radiotherapy center after the Polish Enterprise Fund (PEF) VII has committed to financing it with the assistance of the local medical university and a private company. As a precursor to the financing, Enterprise Investors‘ PEF VII will first acquire Center for Cancer Diagnostics and Therapy (CDiTO) from Warsaw [...]

Polish investment firm Enterprise Investors (EI) has bought a minority stake for USD 28 mln in Polish oil services corporation, United Oil Services (UOS). The investment was made through EI’s Enterprise Fund VI along with co-investor and existing investor, CSL Capital Management. The founding partner of the latter is also one of the founders of [...]

Enterprise Investors, through their Enterprise Venture Fund I (EVF I), have invested EUR 5.5 mln in BLStream, a mobile software technology company. The funding will put 35 percent of the company’s stake in the hands of Enterprise Investors, and will be used to expand the company through acquisitions, as well as to develop their software [...]

US-funded Poland and CEE-centric fund Enterprise Investors has decided to take a gamble on Poland’s shale reserves with an investment of USD 28 mln into United Oilfield Services (UOS), a Polish seismic, drilling and well completion service company. The deal was completed through Enterprise Investors’ Polish Enterprise Fund VI. Though the production of natural gas [...]

Considered to be one of the largest PE firms in the CEE region, Enterprise Investors (EI) are gunning for a EUR 650 mln investment for its eighth and newest fund. The new fund, when active, will target Romania and surrounding countries in the region. The Warsaw, Poland-based investment management company began their first fund in [...]

Enterprise Investors – a Warsaw based private equity firm that manages Polish Enterprise Fund VI (PEF VI), announced the launch of Wento – an investment vehicle created to manage wind firms in Poland and help the country meet EU targets for renewable energy production. Wento can draw up to EUR 40 million from PEF VI [...]

Enterprise Investors (EI) has followed up with a EUR 10 mln investment in Profi Rom Foods thorough its Polish Enterprise Fund VI. The additional funding will be used to expand operations through new stores, as well as for acquiring smaller chain stores within Romania. Total investment by PEF VI in Profi now stands at EUR [...]

KBW, a U.S. investment bank, along with Enterprise Investors, a Poland based group, announced that they are interested in acquiring several small Croatian banks. Some of the banks that are listed as possible acquisitions include: Centar Banka, Jadranska Banka, Karlovacka Banka, Istarska Kreditna Banka, and Varazdinska Banka. Centar Banka (www.centarbanka.hr) Centar Banka is a commercial [...]

Citing an eight-fold return on its investment, Enterprise Investors has sold a significant portion of its shares in Poland’s Kruk International as part of an IPO on the Warsaw Stock exchange. The IPO netted Kruk a total of €92 million, of which 90% came from institutional investors. Retail investors accounted for the remaining 10%. For [...]

Enterprise Investors has announced a deal to acquire a 27% share of Polish digital advertising firm Screen Network. The investment will be made through the Enterprise Venture Fund I, and is worth €2 million. The new funding will enable Screen Network to ramp up expansion plans which include outdoor signage and advertising, and what’s known in the [...]

Poland’s Enterprise Investors has agreed to a deal involving the sale of its entire stake in PharmaSwiss to Canadian pharmaceutical company Valeant Pharmaceuticals International. Enterprise Investors will get € 52.5 million for its share; the remainder of the PharmaSwiss shareholders will also sell, giving Valeant 100% ownership at a total cost estimated to be near [...]

With Enterprise Investors’ Polish Enterprise Fund VI reaching a point of full investment, the private equity firm intends to raise a new fund in 2011. Polish Enterprise Fund VI was closed in 2006 with capital of €658 million. The fund was oversubscribed twice and fund raising was completed in only three months. In addition, Enterprise Investors [...]

European securities trader X-Trade Brokers (XTB) has received a €57 million infusion of cash through an investment deal with Enterprise Investors. Enterprise acquires a significant minority stake through the transaction, which is being funded by the Polish Enterprise Fund VI. Exceptional growth and revenue over the last several years are two of the major factors [...]

Poland’s Orbis Travel stunned the markets and the nation on 29 September by filing for bankruptcy. The cause of the company’s financial meltdown was the refusal by majority owner Enterprise Investors to infuse any more cash into the troubled travel agency. Enterprise acquired Orbis Travel from former owner Orbis SA in January of this year. [...]