BaltCap is an independent private equity firm established in 1995, based in Tallinn, Estonia, specializing in small and midmarket buyout and expansion capital investments across the Baltic States. With a team of 16 experienced professionals and local offices in all three Baltic countries, BaltCap has managed several private equity and venture capital funds, amassing over EUR 260 million in total capital and executing more than 60 investments. The firm targets established companies with growth potential, focusing on sectors such as business and financial services, healthcare, technology, media, telecommunications, consumer goods, renewable energy, and logistics. Additionally, BaltCap manages specific funds, including an infrastructure fund aimed at energy and clean technology projects. The firm is a member of various private equity associations and has been a signatory of the United Nations Principles for Responsible Investment since 2008.
Baltic Ticket Holdings AS is a prominent ticket distribution company operating across Estonia, Latvia, Lithuania, and Belarus. Founded in 1997 in Tallinn, Estonia, the company initially gained recognition by selling tickets for major events, including a concert by Michael Jackson. Over the years, it expanded its operations, launching ticketing services in Latvia in 2000, Lithuania in 2008, and Belarus in 2010. The company's ticketing system integrates an online platform and a physical network of 400 sales points, facilitating access to a wide range of entertainment, sports, and cultural events. Baltic Ticket Holdings manages ticket sales portals that attract around 600,000 monthly visits and has successfully handled significant events, including the Estonian Dance and Song Festival and various international concerts. With a focus on technological advancement, the company's in-house ticketing system has been continuously developed since its inception, enabling efficient management of diverse events and organizers in the region.
Kaarli Hambapolikliinik OÜ provides dental care services. The company was founded in 1998 and is based in Tallinn, Estonia. As of November 2, 2018, Kaarli Hambapolikliinik OÜ operates as a subsidiary of DenCap Investeeringud OÜ.
TREV-2 Grupp is a construction company based in Tallinn, Estonia, established in 1961, specializing in the construction and maintenance of infrastructure and civil engineering projects. The company focuses on building and reconstructing roads, bridges, railways, and public water supply and sewage systems, including treatment plants and pumping stations. Additionally, TREV-2 Grupp operates quarries for gravel, sand, and limestone, and produces asphalt and various road safety products. The company also provides traffic management solutions, including the design and installation of traffic control devices, information boards, and street signs. Through its comprehensive range of services, TREV-2 Grupp aims to enhance the quality of life and safety of the community by delivering reliable and sustainable infrastructure solutions across Estonia.
Auto24 is a marketplace for used and new cars with sales information by local car dealerships in Estonia. The company is headquartered in Tallinn, Estonia.
Kuldne Börs generalist classifieds site in a variety of categories, such as construction materials, agricultural equipment, pets and household goods to name a few. Kuldne Börs was founded on 1991 and is headquartered in Tallinn, Estonia.
Qvalitas Medical Centre is a private medical centre that offers professional general and specialist service. It provides services according to the waiting list and in the volume pursuant to the contract with the Estonian Health Insurance Fund. It also offers appointment with extra charge for medical service outside waiting list, without health insurance or without the required referral. The company strives to create new and innovative healthcare services, such as health audit and various health packages, according to the wishes and needs of customers. Qvalitas Medical Centre was founded on 1996 and is based in Tallinn, Estonia.
UPRENT is a rental company specializing in pumping systems and related equipment, operating primarily in Eastern Europe. Founded in 2013 and headquartered in Riga, Latvia, the company offers a comprehensive range of services, including equipment rental, project scheduling, cost calculations, delivery, installation, and sales of various pumping systems. Its product offerings include well point dewatering pumps, sewage pumps, submersible pumps, and a variety of accessories, alongside trench shoring systems and power generators. UPRENT caters to diverse industries such as construction, agriculture, mining, and emergency services, addressing needs like sewage pumping, groundwater purification, and industrial reservoir cleaning. The company prioritizes customer satisfaction by maintaining open communication, actively addressing customer feedback, and tailoring services to meet specific requirements. With branches in Latvia, Lithuania, Estonia, and Poland, UPRENT aims to deliver efficient solutions that minimize energy costs and enhance operational effectiveness.
Fitek is a financial process automation solutions provider based in Tallinn, Estonia, with operations in Latvia, Lithuania, and Slovakia. Established in 1995, the company specializes in optimizing financial processes, offering services that encompass purchase invoice management, document workflow, and sales invoice solutions. Fitek aims to reduce customer costs by streamlining and accelerating financial operations, serving over 1,000 clients across the Baltic states, Nordic countries, and Central Europe. Its clientele includes leading banks, telecoms, public sector institutions, and various industries. The company employs more than 130 qualified professionals across its offices in Tallinn, Riga, Vilnius, and Bratislava, helping customers save significant resources—up to five times—dedicated to financial processes.
Eesti Keskkonnateenused operates as a providers of waste management and municipal services. The company collects secondary raw materials, construction waste, and other waste. The company also provides road and street maintenance in some areas. The company has applied an integrated health, safety, and environmental management system based on ISO 9001, ISO 14001, and OHSAS 18001 standards. Eesti Keskkonnateenused was founded on 1998 and is headquartered in Tallinn, Estonia.
Dental Invest Estonia
Acquisition in 2015
Dental Invest Estonia is a dental healthcare provider.
BPT Real Estate AS is a property and asset management firm based in Tallinn, Estonia, with additional offices in Riga, Vilnius, Warsaw, and St. Petersburg. Founded in 2001, the company offers a comprehensive range of services, including asset management, property management, and investment fund management. Its asset management services encompass business projections, reporting, lease negotiations, and recommendations for property development. In property management, BPT focuses on tenant relations, facility management, and financial oversight. The firm also provides support services such as budgeting, project management, and feasibility studies. BPT Real Estate caters to property owners, institutional and private investors, and portfolio owners primarily in the Baltic Sea region, leveraging its extensive market knowledge and expertise to deliver high-quality, innovative strategies in commercial real estate.
Coffee Inn is the leading gourmet coffee chain in Lithuania, Latvia and Estonia, successfully launched in 2007 by a group of enterpreneurs and professionals.
Magnetic MRO AS is an aircraft maintenance, repair, and overhaul (MRO) service provider based in Tallinn, Estonia, with a global presence and over two decades of experience in the aviation sector. The company offers a comprehensive range of services including total technical support, heavy and line maintenance, engine solutions, integrated engineering services, and component repair. Additionally, it provides asset management services for asset owners, which encompass asset acquisitions, end-of-life management, and technical support during leases. Magnetic MRO is known for its innovative digital solutions, exemplified by its e-platform EngineStands24.com, which facilitates the leasing and purchasing of aircraft engine stands. With locations in cities such as Miami, London, Amsterdam, Dubai, Guangzhou, and Kuala Lumpur, the company has established a strong international presence. Magnetic MRO was originally founded as Air Maintenance Estonia AS in 1995 and rebranded in 2014.
Medicap Holding is a provider of medical laboratory services in the Baltic region, operating facilities in Estonia, Finland, and Lithuania under the Quattromed and Sorpo brand names. The company offers a range of medical services, including blood work, laboratory tests, and diagnostic services. Its clientele includes family physicians, ambulatory and stationary healthcare providers, occupational health centers, and private individuals. Through its comprehensive service offerings, Medicap Holding supports the healthcare needs of various stakeholders within the region.
Energate OU operates in the development of natural gas networks, distribution, and sale of natural gas. Energate OU owns and operates over 120km of gas pipelines around the two main cities in Estonia, Tallinn and Tartu. Energate OÜ has a network license for the development of natural gas networks and the sale of natural gas today in 5 network areas. Natural gas networks are being developed and gas is sold today in 2 network areas in Tallinn and its immediate vicinity.
In addition, Energate OÜ has the right to develop natural gas networks in the Harku and Kohila rural municipalities and in the northern part of Rakvere and neighboring neighboring municipalities. Energate OÜ sells natural gas to households and businesses.
Energate OU was founded in January 2008 and is based in Tallinn, Estonia.
Tallinna Pesumaja OÜ, founded in 2000 and headquartered in Kohila, Estonia, specializes in laundry and textile rental services catering to hotels, hospitals, and restaurants. The company employs advanced technology, including automated sorting line washing machines and an electronic RFID-based washing management system, to enhance operational efficiency. It prioritizes environmental sustainability by utilizing eco-friendly detergents, as well as conserving water and energy in its processes. As of September 2019, Tallinna Pesumaja operates as a subsidiary of Lindström Oy, further solidifying its position in the textile service industry.
NeoQi AS is an Estonian company founded in 2001 that specializes in innovative spa equipment for the wellness, aesthetic medicine, and physical therapy sectors. The company provides a comprehensive range of solutions, including both in-home and professional spa equipment such as steam and infrared saunas, aromatherapy devices, Vichy showers, and hydrotherapy systems. In addition to its equipment offerings, NeoQi also supplies a variety of cosmetics specifically developed for use with its products. The company emphasizes a holistic approach by providing educational training, aftersales support, and an array of spa treatment programs to enhance customer experience and satisfaction.
OfficeDay is a leading provider of office supplies and services in the Baltic region, specifically Lithuania, Latvia, and Estonia. The company offers a wide range of innovative and high-quality office products, furniture, and equipment designed to support the growth of its clients' businesses. OfficeDay operates the largest office product retail chain in Lithuania, with 20 stores located in major cities as well as smaller towns. To reach its customers, the company employs various sales channels, including retail locations, telemarketing, mail, and e-commerce. With a presence in 25 countries, OfficeDay is committed to being a reliable partner for businesses seeking effective office solutions.
INTRAC Group specializes in providing tracked and wheeled machinery for multiple sectors, including forestry, construction, material handling, and agriculture. The company supplies a diverse range of equipment, such as skidders, harvesters, motor graders, terminal tractors, rollers, and pavers, catering to customers in Estonia, Latvia, and Lithuania. In addition to machinery sales, INTRAC offers spare parts and related services, supported by a robust service network that includes stationary workshops and mobile service vans. Their clientele spans various industries, including forestry, port operations, medium-sized enterprises, farming, quarries, and construction, ensuring a comprehensive approach to meet the needs of their customers.
Teede REV-2
Acquisition in 1998
Teede REV-2 is a Estonian road building company headquartered in Tallinn. The company provides practically all road building services.
A. Le Coq is the oldest and biggest drinks manufacturer in Estonia. Our product portfolio includes 11 different product groups. The main product group is beers, followed by juices, waters and soft drinks, and the remaining product groups such as ciders, light alcoholic beverages, Active juice drinks, sports and energy drinks, syrups and kvass. The company is dedicated to the preservation and development of good drinking culture in Estonia by valuing old manufacturing traditions as well as taking an innovative approach to updating its product portfolio so it can offer consumers new and healthy flavour combinations. A. Le Coq holds the leading position on the Estonian drinks market in the categories of beer, juice, and long drinks and ranks a strong second in the production of water, soft drinks and cider.
AS Vipex is an Estonian limited liability company which was established in 1992. Vipex is a representation and distribution center for building materials and home supplies. Vipex represents several strong and well-known brands in Estonia and Eastern Europe.
Standard AS is the specialist in furnishing projects in the Baltic States. AS Standard is the leading furniture manufacturer in the Baltic States. The enterprise has existed since 1944. The company has two primary business directions: StandardPro offers hotel and public space furnishing solutions; StandardOffice focuses on offices and interior design. The greatest strength and advantage of Standard over many other interior design companies is that we offer complete solutions, from initial consultations to the handover of the completed project. When you choose Standard as your partner, you receive everything you need to furnish your premises from one convenient source. Each project is dealt with at Standard by a professional project manager supported by a team of experienced specialists. Furniture is designed and produced in accordance with the client’s wishes and maintaining the product’s original and distinctive features. Standard offers a wide range of ready-made office furniture solutions that you can view on our website and in the product catalogue. All of Standard’s furniture is manufactured at our own production facilities using modern and environmentally friendly technologies and high-quality materials. Standard also offers delivery and installation as additional services. The result is always a stylish and most comfortable room. Standard has decades of experience in provision of furnishing solutions and the company has expanded into all regions of the world. Our activities have earned deserved recognition and we have completed many large projects not just in the Baltic States but in Finland, Sweden, Germany, the Netherlands and Russia as well.
EMV Ltd.
Acquisition in 1996
Skanska EMV AS offers construction services.it offers general construction, civil engineering, special works, and real estate and project development.
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