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Private Equity Deals from Central and Eastern Europe Pre-Spring Edition

The last week of the winter ended with a definite buzz on the Eastern European PE market; to learn more read our summary of the most interesting deals.

March 4, 2012 - PRLog -- Investment Intelligence publishes on a regular basis market roundups of private equity transactions in Central and Eastern Europe.

This week Russia continues to be the most attractive region with majority of the deals reported. Moscow-based private equity firm Prostor Capital has invested in yatv.ru and Eagle.Platform, two subsidiaries of online video platform developer Dulton Media. Yatv.ru, a Russian equivalent of Livestream, offers video-on-demand services and allows live streaming of events. Eagle.Platform is a B2B platform similar to Brightcove and allows clients to host, broadcast and monetize video content.

Virtualization software specialist Parallels owned by Serguei Beloussovin cooperation with Runa Capital invested together in a software accelerator.  The new entity will market cloud-based software products to small and medium size businesses (SME). Parallel has an established distribution network of 5,000 service providers that cater to 12 million SMEs. The new company plans to sell APS-Certified cloud-based services and products through Parallel’s network.

Russia’s biggest domestic lender, Sberbank, has completed the acquisition of Volksbank International (VBI) of Austria for EUR 505 million. This is the Russian behemoth’s biggest acquisition outside the CIS. The state-controlled Sberbank had signed a purchase agreement with VBI to acquire its assets in eight countries.

The seed capital unit of Russian Venture Company, RVC Seed Fund, has invested 75 million Roubles (USD 2.5 million) in anti-aging nano cosmetics maker NanoDerm. Placenta-based cosmetics maker Zhespar-Bios co-invested 25 million Roubles in the latest round.  NanoDerm uses double encapsulation technology, originally developed by Ufa-based Zhespar-Bios, to produce anti-aging cosmetics and professional products for beauty salons.

Besides the transaction in Russia, Austria-based angel fund Speedinvest has made four investments in a small span of six months since inception. The Super Angel fund committed a total of EUR 1 million in these startups.  The four firms are Gameinside, a gaming and entertainment service provider; Sipwise, a VoIP vendor serving regional ISPs and cable operators; Soup.me, an online application that tracks an individual’s online footprint, and Finderly, a socially driven consumer electronics e-retailer.

Grafobal Group Energy (GGE), part of Slovak diversified investment firm the Grafobal Group, has acquired eastern Slovakia-based regional heating company Energy Snina from local diversified holding company Slavia Capital.

StopTheHacker, the San Francisco-headquartered SaaS based website security firm, has secured USD 1.1 million in Round-A funding from public and private investors, including early stage Russian VC firm Runa Capital and former Bluecoat chief executive Brian NeSmith.

To get more information about the above mentioned transaction, please feel free to visit the website of (http://invest-iq.net) and sign-up for the free weekly newsletter.

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