Mid Europe Partners, the PE firm that holds 39.2% stake in T-Mobile Czech Republic through the entity ‘Falcon’ has secured the biggest funding in Central and Eastern Europe since the collapse of Lehman Brothers in 2008. The €365 million financing, to be used for paying out dividends (dividend recapitalization), was provided by a syndicate of [...]

K.D.S. Novi Sad, a local cable TV and broadband service operator in Serbia, has been picked up by Serbia Broadband (SBB). The acquisition entails a complete overhaul and upgrade of their infrastructure. The company’s ability to service its customers during the several months required for the work will be affected in the short-term. The company [...]

Mid Europa, the largest CEE-centric fund, has purchased Fryda Laboratorium Medyczyne through a jointly held venture called Polska Grupa Laboratoriów Medycznych. The acquisition marks another milestone in Mid Europa’s consolidation of the Polish diagnostics laboratory industry, following the purchase of Diagnostyka, the market leader in the country, in January 2011. The fund is displaying an [...]

CEE-focused private equity firm Mid Europa Partners has acquired a controlling (65 percent) stake in Turkey’s Kent Hospital, and has already signed an agreement that will take its share up to 90 percent. In this, their first Turkish acquisition, MEP has gained a sizable presence through its investment in the 162-bed hospital that specializes in cardiology and [...]

The CEE region’s largest private equity firm, Mid Europa Partners (MEP) has increased its holding in Czech photovoltaic power park developer Energy 21 to 95 percent. The first investment of 60 mln euros in the company was made in May 2010. Energy 21 is the largest company operating in this sector in the region, with [...]

Polish company Emperia has shortlisted four private equity firms for the sale of its retail division. Potential investors include Advent International, Mid Europa Partners, Penta Investments and Doughty Hanson; Tesco and Carrefour are also interested in the acquisition, which is valued at USD 272 mln (PLN 900 mln). The deal follows an attempt by Emperia [...]

Polish telecom provider ASTER Sp. z.o.o. has been sold to US cable operator Liberty Global, Inc. (LGI) in a 100 percent equity transfer agreement between LGI and British private equity firm Mid Europa Partners LLP. The deal, which was announced in December 2010 and expected to be closed by June 2011, has only recently been [...]

Mid Europa Partners has continued its expansion into the Bosnian cable television market by acquiring Monet, a Mostar-based cable television operator. Mid Europa intends to create a single company, Telemach, by merging Monet with the other Bosnian cable companies it purchased in 2010. The intent of Mid Europa Partners is to offer a package that [...]

Mid Europa Partners made its first investment in Turkey by acquiring a 65% share in the Kent Hospital Group. This is the fourth investment by Mid Europa into the health care industry. Cem Bakioglu, founding shareholder and Chairman of the Board of Kent, will remain a co-investor. Kent Hospital Group (www.kenthospital.com) Kent Hospital and Medical [...]

Mid Europa Partners has shown an interest in acquiring the store chain of Polish retailer Emperia. Emperia launched a tender in June for the retail branch of its operations in an effort to raise USD 318 million. Mid Europa Partners recently purchased Zabka, Poland’s largest retail chain, and believes the acquisition would be the perfect [...]

Mid Europa Partners has made a new Hungarian investment by acquiring a 49.05% stake in freight hauling company Waberer’s. The shares were acquired from company CEO György Wáberer, who retains the option to increase his shares to a level equal with Mid Europa. Upon completion of the deal Mid Europa will provide an immediate €12 [...]

After a somewhat chaotic bidding process that seemed to change almost on a daily basis, Mid Europa has emerged as the winning bidder for Poland’s leading convenience store chain, Zabka Polska. Mid Europa acquires 100% of the company from Penta Investments, pending regulatory approval, after more than three tumultuous months in which investors were not [...]

CEE private equity investor Mid Europa Partners has announced plans to acquire a strategic share in Polish medical laboratory operationDiagnostyka Sp. z o.o. Mid Europa projects that the now-fractured medical laboratories market will make great strides in consolidation not only in Poland, but across the CEE region as well. Diagnostyka Sp. z o.o. (www.diag.pl) Diagnostyka is [...]

Providence Equity Partners has reached an agreement to purchase CDC Falstap, the Ukrainian subsidiary of FiberNet. Providence’s first deal in Ukraine was realised in 2007 when it acquired Volia Limited from the private equity firm SigmaBleyzer. FiberNet (www.fibernet.hu) FiberNet Communications, Ltd. is one of Hungary’s largest providers of electronic communications services, offering cable television, telephone and internet [...]

Mid Europa Partners has announced plans to sell one of its Polish holdings to an American investment firm. On the block is cable television operator Aster Sp. z o.o., which will be acquired by Liberty Global Inc. for a total of PLN 2.4 billion. Liberty will provide PLN 870 million in private equity and assume [...]

On the same day Mid Europa announced the sale of a Polish telecom holding, it also announced plans for another holding, Falcon Group, to divest itself from Ceské Radiokomunikace (CRa). Falcon Group will sell the Czech telecommunications company to a group of three funds managed by Australia’s Macquarie at a cost of €574 million. Mid [...]

Mid Europa portfolio company Invitel has announced the signing of a sale and purchase agreement to acquire Fibernet Kommunikációs Zrt (Fibernet). Invitel subsidiary Magyar Telecom will execute simultaneous transactions to acquire all of Fibernet’s issued shares as well as purchase 30% of the company’s network assets from UPC Magyarország Kft. Fibernet is being acquired from FN Cable [...]

Roughly four months after Mid Europa Partners announced plans to sell Invitel’s international wholesale business, Invitel has announced the completion of a deal that makes their entire operation, including subsidiaries, part of Türk Telekomünikasyon A.Ş. The deal has an estimated enterprise value of €221 million. Invitel’s wholesale business includes Invitel International Hungary Kft and S.C. [...]

Making good on continuing efforts to consolidate the Polish healthcare market, Mid Europa has announced the completion of a 100% acquisition of Med-Sport. Med-Sport is now part of a Mid Europa healthcare portfolio which also includes Lux Medm and Medycyna Rodzinna (acquired 2007), CM LIM and Promedis (acquired 2008), and TP Med and Tabita (acquired [...]

More than four years after acquiring Calucem from Heidelberg Cement, Mid Europa has sold the company and its assets to Argus Capital Partners. The sale includes Calucem’s operations in Croatia, Germany, Singapore, and the U.S. Calucem (www.hca.com) Calucem, Inc. produces quick setting cements and calcium aluminate cement for use in the chemical, fertilizer, mining, and [...]