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 [...]

Enterprise Investors (EI) has added a seventh SME to the portfolio of its Enterprise Venture Fund I (EVF) with the investment of PLN 7.3 million in Euro-Tax.pl. The buy-out deal with the Polish income tax service gives EI a 25% stake in the company. EI’s investment is seen by both parties as a means to [...]

Romanian human resource firm Smartree Romania has a new investor by way of Poland’s Enterprise Investors (EI). The Enterprise Venture Fund I (EVFI) will acquire a 56% interest in Smartree in exchange for capital financing of €3 million. Smartree plans to use the funding to further expand its software outsourcing and payroll management services while also introducing a [...]

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 [...]

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 [...]

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 [...]