Invest-IQ

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 [...]

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 [...]

Mid Europa Partners has acquired 100% of LUX-MED S.A., a Warsaw-based provider of healthcare services. Mid Europa Partners acquired the company in an LBO from Cornerstone Partners Inc., Deutsche Investitions und Entwicklungs GmbH and Accession Mezzanine Ltd., a fund managed by Mezzanine Management Central Europe. LUX-MED S.A. (www.luxmed.pl) LUX-MED is the second largest private healthcare [...]

Mid Europa Partners acquired a controlling stake in Serbia Broadband from SEEF I, managed by Bedminster Capital Management. SBB is one of the fastest growing Cable TV operators in Europe, generating an annual growth rate of 60% over the past two years. SBB (www.sbb.co.yu) SBB is the leading cable TV and broadband internet player in [...]

GMT Communications Partners, Mid Europa Partners and the senior management sold their share capital of Matel Holdings N.V., owner ofInvitel Távközlési, Hungary’s second largest fixed line telecoms operator, to Hungarian Telephone & Cable Corp. (HTCC). Invitel Távközlési ZRt.(www.invitel.hu) Invitel is the incumbent fixed telecommunications services provider in its historical concession areas, with covers approximately 1.4 million [...]

Mid Europa Partners agreed to acquire 100% of Baltic mobile operator Bité from TDC. Bité (www.bite.lt or www.bite.lv) Bité is the number two mobile operator in Lithuania according to revenue and the number three operator in Latvia with a total of almost 2 million subscribers. Bité is one of the fastest growing mobile telephone companies [...]