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 [...]

After nearly four years of involvement with Czech television and radio broadcaster Radiokomunikace, Mid Europa Partners appears to be ready for an exit. Mid Europa is in the process of disseminating the necessary information needed to solicit bids for the company, which are expected to begin rolling in sometime during the first half of October. [...]

A handful of investors in Slovenian food supplier, Mercator, are looking to sell their shares in the company to Mid Europa Partners. Slovenian bank, Nova Ljubljanska Banka, is reportedly talking with Mid Europa about a deal to sell their 10.75% stake. Arkas, the Ljubljana-based financial adviser managing the sale, has indicated that four other banks [...]

Aster, the Polish cable operator which has long been a takeover target of it competitors, is awaiting a decision by Mid-Europa Partners regarding the sale of the company. Aster expects to have an answer by the end of the year as part of Mid Europa’s long-term plans for them. The company is in fourth place [...]

Invitel Holdings, the Hungarian telecom majority-owned by Mid Europa Partners, is reportedly in the early stages of negotiations that could possibly result in the sale of its entire international wholesale business to Türk Telekom. Mid Europa first invested in Invitel in 2009, acquiring just over 64%. The firm increased its holding to 91.8% through two [...]

Energy 21, a leader in the Czech solar energy market, has reached a deal with CEE private equity firm Mid Europa Partners that will provide much needed capital to aid their growth in Eastern Europe. Mid Europa announced this week plans to acquire a strategic stake in Energy 21 and provide a new infusion of [...]

Mid Europa Partners, the independent CEE private equity firm formed by EMP Europe, is ramping up its expansion efforts in the Bulgarian television market. Having acquired Interaktivni Tehnologii AD (ITV) late last year for an undisclosed sum, Mid Europa has committed to investing €45 million in Bulgaria, which includes the amount payed for ITV. The company [...]

Mid Europa Partners, the CEE private equity firm, recently announced the completion of their acquisition of ITV Partner, a Bulgarian satellite pay TV provider. The deal adds to Mid Europa’s already established cable TV and direct-to-home (DTH) holdings in South East Europe, a sector the company includes as part of its investment strategy. Other similar [...]

TDC, Denmark’s leading provider of land-line phone access, has reached an agreement to sell its Hungarian unit Invitel to CEE investment firmMid Europa Partners, who will purchase a controlling share for nearly € 7.4 million. In addition to the 64.6% stake in Invitel Holdings AS, Mid Europa has also agreed to take on all rights and obligations [...]

Mid Europa Partners, the owner of Danish molding and casting company DISA Group, has announced the completion of a merger between DISA and another portfolio company, Wheelabrator. Wheelabrator is an international company operating in the metal surface preparation field. The merger, which was required to receive approval from the German Bundeskartellamt, is being promoted as [...]

Following an announcement in May of this year regarding the sale of UPC Slovenia, Liberty Global has completed the deal with Mid Europa Partners, giving the CEE equity firm 100% ownership. Though the details of the transaction have not been disclosed, estimates at the time of the May announcement put the deal between €130-150 million. [...]

Liberty Global, Inc., owners of UPC Slovenia, announced in mid-April its intentions to sell the Slovenian cable and broadband provider to an undisclosed buyer. An agreement has now been reached that paves the way for Mid Europa Partners to acquire 100% ownership of UPC Slovenia. No details of the sale have been made public, but [...]

Mid Europa Partners agreed to acquire up an additional 37.3% stake in Falcon Group from their consortium partner Lehman Brothers taking their own ownership in the Group to 74.6%. Falcon Group owns 100% of Ceske Radiokomunikace and 39.23% of T-Mobile Czech Republic which it acquired in November 2006. Ceske Radiokomunikace a.s. (www.radiokomunikace.cz) České Radiokomunikace a.s. [...]

Mid Europa Partners’ portfolio company LUX MED acquired Promedis Sp.z.o.o., from a wholly owned subsidiary of Impel S.A., one of the leading listed service sector conglomerate in Poland. Promedis Sp. z.o.o. (www.promedis.pl) Promedis is a mid-size player on the Polish healthcare market offering outpatient medical care services to corporate subscribers and individual patients. The Company, [...]

Mid Europa Partners agreed to acquire up to 100% of Centrum Medyczne LIM from the founding investor group. Centrum Medyczne LIM Sp. z.o.o. (www.cmlim.pl) CM LIM is in revenue terms the third largest private healthcare provider in Poland offering comprehensive outpatient medical care and diagnostic services to corporate subscribers and individual patients. The Company, which [...]