Invest-IQ

MCI Management has teamed up with Intel Capital and NetCentrum’s Ondra Tomek in an investment deal worth €11 million. The trio have pumped the funding into Netretail, a holding company operating Czech online shopping portal, mall.cz. Intel Capital and MCI Management contributed €5 million each while Tomek contributed €1 million. For Intel Capital, the investment [...]

Making good on plans announced last year, MCI Management has now completed its exit from S4E through the sale of its remaining shares in the company in April. MCI sold the 40.09% stake to Ingalil Holdings Limited and current Supervisory Board president Roman Pudełko, at a price of PLN 6.25 per share. MCI originally entered [...]

Making good on a planned IPO announcement from parent company MCI Management last fall, ABC Data has begun in earnest the process which will see it listed on the Warsaw Stock Exchange (WSE). The Polish IT company has tendered an issue prospectus to their government’s Financial Supervisory Commission and hope to be ready for listing [...]

The CEO of Polish private equity firm MCI Management has announced preparations for IPOs of two of its portfolio companies. MCI expects IT company ABC Data to be listed on the Warsaw market by the middle of 2010, while travel services website Invia.cz will be converted to a joint-stock company in the near future. It’s [...]

Following a June announcement that MIH Allegro B.V. was in negotiations to acquire internet portal Bankier.pl from MCI Management, the deal was completed on August 6, 2009. Allegro has followed through on its plans and has purchased 6,013,052 shares of Bankier.pl, equaling a controlling stake of just over 83%. The shares were acquired via a [...]

Invia.cz, the travel portal financed primarily by MCI.TechVentures, has completed a deal to purchase 100% ownership of one of its competitors, NetTravel.cz. Invia.cz also acquired LastMinute.sk in the purchase, and now hopes the consolidation of the three portals will aid in raising capital as the company prepares to enter the Warsaw Stock Exchange. The merger [...]

MCI Management is poised to sell internet portal Bankier.pl to Allegro, an E-commerce portal owned by South African media giant Naspers. Naspers has made a public tender offer to purchase Bankier.pl with plans to integrate the portal’s financial services with Allegro’s e-commerce platform. One of Bankier’s current investors has already stepped on board with the [...]

MCI Management divested Warsaw-based Hoopla.pl, an ecommerce retail service. An unknown group of private investors acquired the 41.95% of shares in the company. Transaction details were not disclosed. Hoopla.pl (www.hoopla.pl) Hoopla.pl offers retail services and ecommerce products. The company was a fast growing business, but failed to sell shares in its IPO. This lack of [...]

MCI.TechVentures 1.0, managed by MCI Group, acquired 24.23% of Polish company Belysia, a mobile social networking portal. The Fund will ultimately acquire up to 40% stake in the company, together with selected co-investors. Belysio Sp.z.o.o. (www.belysio.com) Belysio is a mobile Java applet intended for mobile phones. Belysio allows the creation and usage of a mobile [...]

Polish private equity fund MCI Management acquired 50.11% shares of Invia.cz, the largest Czech online travel retailer. Invia.cz (www.invia.cz) Invia was set up in 2000 and is the leading online travel retailer in the Czech Republic and Slovakia. Additionally, Invia is active also in Hungary and Romania. Invia sold travel services for more than € [...]

Polish investor MCI.BioVentures has invested PLN 0.9 million in DNA Serwis to claim a 31% stake in the medical diagnostics company. The initial investment marks the first round of financing that MCI has planned for DNA Serwis, with future investments targeted at a total of PLN 1.8 million. MCI should have a 47% stake in [...]

MCI Management acquired from CMM Sp.z.o.o. 260 shares in Microtech International, representing 58.56% of the share capital of the company for the total value of PLN 4.74 million (€ 1.3 million). Furthermore, MCI Management is entitled to purchase as of March 31, 2008 the remaining 184 shares in Microtech for the agreed total amount of [...]