Invest-IQ

Late last week Polish investment firm Enterprise Investors raised the possibility that AVG, the Czech security software firm in which EI is the largest shareholder, could be listed on the Warsaw bourse next year. Citing AVG’s importance to the CEE region, EI’s Dariusz Pronczuk indicated the firm’s desire to have the company listed on a [...]

Profi Rom Food Group, a leading Romanian grocery chain, is preparing for new ownership following a takeover announcement by Enterprise Investors (EI). Enterprise has reached a formal agreement to acquire 100% of Profi Rom from Duna Waiting Participation, for a price of €66 million. The acquisition will be made through EI’s Polish Enterprise Fund VI and [...]

Enterprise Investors’ Enterprise Venture Fund I has become the majority shareholder of Polski Bank Komórek Macierzystych (PBKM), acquiring 50.1% of the company’s shares for PLN 18.1 million. The deal was offered as expansion financing to the Polish stem cell bank and marks the fund’s fifth investment this year. PBKM plans to use the funding for [...]

In one of the largest private equity deal for CEE this year, Boston’s TA Associates has acquired a 25% stake in AVG Technologies, the Czech computer security software developer. The USD 200 million acquisition was made through the purchase of proportional shares from all current shareholders. Enterprise Investors retained 34% stake and has now surpassed [...]

Polish private equity firm Enterprise Investors has acquired 100% ownership of IT outsourcing company Web Inn. The acquisition was made through Enterprise’s Venture Fund I (EVF I) at a cost of PLN 16 million (€3.6 million). The deal contains provisions that will trigger an additional PLN 4 million payment should the company exceed its 2009 [...]

An agreement has been reached between Warsaw based Enterprise Investors and R&C Union, making Enterprise a majority owner in the Polish restaurant and music club chain. The acquisition, which is being funded via the private equity firm’s €100 million Enterprise Venture Fund I, is worth PLN 13.1 million (approximately €3 million) and will give Enterprise [...]

In its second investment since closing last fall, Enterprise Venture Fund I has acquired a 36 percent stake in Bio-Profil, a dermo-cosmetics and aesthetic medicine producer. The fund, managed by Enterprise Investors, has the option to increase its stake in the company up to 49 percent. The transaction was completed for a total of EUR [...]

Enterprise Investors’ venture capital fund Enterprise Venture Fund I has acquired a 30 percent stake in Dystrybucja Polska. The first investment of the firm’s inaugural venture capital fund is worth slightly more than USD 2 million. Dystrybucja Polska (www.dystrybucjapolska.pl) Dystrybucja Polska is headquartered in Poznan, Poland and is at present one of the fastest growing [...]

Polish Enterprise Fund VI, a private equity fund managed by Enterprise Investors, has announced its acquisition of a 42.46% stake in Kofola-Hoop, one of the most significant producers of non-alcoholic beverages in Central and Eastern Europe. PEF VI acquired the stake in a PLN 480 million (approx. €140 million) public tender offer. Kofola-Hoop SA (www.firma.hoop.pl) [...]

Polish Enterprise Fund VI, a private equity fund managed by Enterprise Investors, acting jointly with several shareholders of Kofola-Hoop, announced a public tender offer for all the remaining shares in the company. The goal is for the acquirers jointly to own 100% of the Kofola-Hoop shares traded on the Warsaw Stock Exchange. The parties announcing [...]

Enterprise Investors announced the final closing of its new fund – Enterprise Venture Fund I. The total size of the fund, which is the first venture capital fund in the EI group, is €100 million. Enterprise Venture Fund I (EVF I) Enterprise Venture Fund I will target companies in the technology sector (IT, telecoms and [...]

Polish Enterprise Fund VI, a private equity fund managed by Enterprise Investors, has purchased a controlling stake of 60% in Wema, for a total of € 46 million. Wema is Poland’s leading bathroom retailer and wholesaler. Wema S.A. (www.wema.pl) Founded almost 20 years ago in Rumia, a small city on the Polish coast, Wema was [...]

Polish investment fund Enterprise Investors, which owns construction materials producer Macon Deva, recently bought Simcor Oradea in a transaction worth € 53 million. Macon Deva (www.macon.ro) Macon Deva is one of the main construction materials producers in Romania, with a strong market position in Transylvania. In 2006 Enterprise Investors acquired through PEF VI investment fund [...]

Polish Enterprise Fund VI, a private equity fund managed by Enterprise Investors, will acquire 12.7% of PharmaSwiss in a capital increase transaction for € 35 million. PharmaSwiss is the largest third party pharmaceutical sales and marketing outsourcing company in the Central and Eastern European region. PharmaSwiss SA (www.pharmaswiss.com) Established in 2000 and based in Zug, [...]

Enterprise Investors has invested € 40 million in Novaturas, the largest tour operator in the Baltic States. Novaturas Group (www.novaturas.lt) Established in 1999, Novaturas Group is the largest tour operator active in Lithuania, Latvia and Estonia, offering a range of quality travel packages unrivalled in the region. Consolidated revenues amounted to € 65 million in [...]

Enterprise Investors has sold 100% of Artima, the largest independent supermarket chain in Romania, to French food retail chain, Carrefour. The value of the transaction is € 55 million. Artima Retail Investment Company S.A. (www.artima.ro) Artima was established in 2001 by the Romanian entrepreneur, Florentin Banu. In 2004, when acquired by Enterprise Investors for € [...]

Enterprise Investors has partially exited its stake in Magellan in an IPO on the Warsaw Stock Exchange. Magellan S.A. (www.magellan.pl) Active since 1999, Magellan is a leading player in the Polish market of financial services for medical institutions and their suppliers. It offers customized solutions, including financing of receivables, refinancing of liabilities, loans, guarantees, factoring, [...]

Mid Europa Partners has acquired 94% of the shares outstanding of Medycyna Rodzinna S.A. from Enterprise Investors. Medycyna Rodzinna S.A. (www.medycynarodzinna.pl) Medycyna Rodzinna, with a turnover of around € 14 million, is the sixth largest private healthcare provider in Poland. The Company serves over 300,000 patients through 17 clinics, and operates the largest network of [...]

Enterprise Investors has acquired 100% of Jaan/Nordglass Group in an LBO. EI structured the transaction as an MBI, retaining and strengthening the existing management team. The Jaan/Nordglass Group (www.jaan.com.pl or www.nordglass.pl) The Jaan/Nordglass Group is one of Europe’s leading manufacturers of automotive glazing and its largest distributor in Poland. Founded in 1991, the Jaan/Nordglass Group [...]

Enterprise Investors has acquired the Komfort retail chain for a total of € 64 million. Sklepy Komfort S.A. (www.komfort.pl) Komfort is Poland’s largest network of stores selling wall-to-wall carpeting and rugs as well as laminate and hardwood flooring. Established in the early 1990s and based in Szczecin (northwest Poland), the Company now has a network [...]