Viru Keemia Grupp
Acquisition in 2023
Viru Keemia Grupp is an Estonian holding group of the oil shale industry, power generation, and public utility companies.
Rahva Raamat
Acquisition in 2022
Rahva Raamat is the largest and oldest retail and wholesale bookseller in Estonia, headquartered in Tallinn. It operates a chain of bookstores that provide a diverse selection of literature, including short stories, novels, magazines, and poetry. In addition to its physical stores, Rahva Raamat also operates an online bookstore, making its offerings accessible to a wider audience. The company is well-regarded for its commitment to promoting reading and providing a comprehensive range of literary works to meet the needs of various readers.
Baltic Ticket Holdings AS
Acquisition in 2021
Baltic Ticket Holdings AS is a prominent ticket distribution company operating in Estonia, Latvia, Lithuania, and Belarus. Founded in 1997 in Tallinn, Estonia, the company initially launched its services under the trademark Piletilevi by selling tickets to high-profile events, including a Michael Jackson concert. Over the years, Baltic Ticket Holdings expanded its operations, establishing ticketing networks in Latvia in 2000 and Lithuania in 2008, followed by a launch in Belarus in 2010. The company manages a comprehensive ticketing system that includes an online platform and a physical network of 400 sales points, catering to a combined population of approximately 7 million people in the Baltics and Belarus. Its in-house online ticketing system, developed since 2001, supports a wide range of events, handling significant sales volumes for major occasions like concerts and festivals. Baltic Ticket Holdings AS has become a leading ticketing provider in the region, consistently adapting its services to incorporate the latest technological advancements.
Krekenavos
Acquisition in 2020
Krekenavos Agrofirma, based in Kedainiai, Lithuania, is a prominent meat processing company with over 20 years of experience. Founded in 1993, it has become one of the largest and most modern meat processing facilities in the Baltic States. The company specializes in a wide range of meat products, including boiled pates, cooked sausages, frankfurters, and various smoked and dried meats. Additionally, Krekenavos Agrofirma produces pork and beef carcasses, offal, as well as chilled and frozen cut meat. With a commitment to providing affordable and high-quality meat products, the company serves both domestic and international markets. Krekenavos Agrofirma operates as a subsidiary of Edvervita, UAB.
Kool Latvija
Private Equity Round in 2018
SIA KOOL Latvija, founded in 2016 and based in Riga, Latvia, operates fuel retail stores that combine the functions of a gas station with a fast shopping experience. The company provides various fuel options, including specialized additives designed to enhance vehicle performance and reduce fuel consumption. In addition to fuel, KOOL Latvija offers a selection of snacks and discounted fast food items, catering to the convenience needs of its customers. The company also features customer loyalty programs, including customer cards and business-to-business cards, to enhance customer engagement and satisfaction.
Kaarli Hambapolikliinik
Acquisition in 2018
Kaarli Hambapolikliinik OÜ is a dental care provider based in Tallinn, Estonia, established in 1998. The clinic offers a range of dental services aimed at promoting oral health and providing quality care to its patients. As of November 2018, Kaarli Hambapolikliinik operates as a subsidiary of DenCap Investeeringud OÜ, which supports its operations and strategic direction. The clinic is recognized for its commitment to patient care and professional dental services in the region.
Anaerobic Holding
Acquisition in 2017
Anaerobic Holding is a biogas plant company based in Latvia that specializes in producing electricity and heat from renewable energy sources. The company operates three biogas plants and manages two divisions focused on the supply of raw materials for biogas production. By generating electricity and providing excess heat to business consumers and municipalities, Anaerobic Holding contributes to reducing greenhouse gas emissions and promotes environmentally-friendly practices in the use of organic waste.
TREV-2 Grupp
Acquisition in 2017
TREV-2 Grupp is a construction company based in Tallinn, Estonia, specializing in the construction and maintenance of infrastructure and civil engineering works. Established in 1961, the company undertakes projects such as road, bridge, and railway construction and reconstruction, as well as the design and construction of public water supply and sewage systems, including treatment plants and pumping stations. TREV-2 Grupp also operates quarries for gravel, sand, and limestone, produces asphalt, and manufactures various road safety products, including traffic control devices and street signs. In addition, the company provides road maintenance services year-round and offers auxiliary services related to traffic management solutions. Through its comprehensive services, TREV-2 Grupp aims to enhance the quality of life and safety for the communities it serves.
Auto24
Acquisition in 2017
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 Bors
Acquisition in 2017
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.
Coffee Address
Acquisition in 2017
Coffee Address is a vending and coffee services company based in Vilnius, Lithuania, established in 1993. It focuses on delivering high-quality coffee experiences tailored for modern offices and on-the-go consumers. The company manages the entire coffee journey, from sourcing premium beans to serving handcrafted beverages. Coffee Address emphasizes innovation by offering various payment methods and personalized service options, catering to individual preferences. The company believes in enhancing the quality of life through a well-crafted cup of coffee, making it an essential pleasure for its clients.
Qvalitas
Acquisition in 2016
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
Debt Financing in 2016
UPRENT is a rental provider based in Riga, Latvia, specializing in pumps and pumping systems for various applications in Eastern Europe. Founded in 2013, the company offers a comprehensive range of services, including equipment rental, project planning, delivery, installation, and sales of various pumping equipment. Its inventory includes well point dewatering pumps, sewage pumps, drainage pumps, submersible pumps, and a variety of related equipment such as power generators, trench shoring systems, and hydraulic tools. UPRENT serves multiple industries, including construction, agriculture, mining, and emergency services, providing tailored pumping solutions for projects like sewage pumping, groundwater purification, and industrial reservoir cleaning. The company emphasizes customer satisfaction through effective communication and service adaptation to meet client needs. With branches in Latvia, Lithuania, Estonia, and Poland, UPRENT is committed to delivering efficient services that optimize operational effectiveness and reduce energy costs for its clients.
Fitek Group
Acquisition in 2016
Fitek Group 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 and automating a wide range of financial processes, including purchase invoice management, document workflow, and complex sales invoice solutions. Fitek serves over 1,000 clients across the Baltic states, Nordic countries, and Central Europe, including leading banks, telecoms, public sector institutions, and various other industries. The company employs more than 130 qualified professionals dedicated to delivering efficient financial solutions that can significantly reduce resource allocation by up to five times. Through its innovative services, Fitek aims to enhance operational efficiency for its customers while lowering their costs.
Eesti Keskkonnateenused
Acquisition in 2015
AS Eesti Keskkonnateenused is a waste management and public utility company based in Tallinn, Estonia. Founded in 1998, it specializes in the collection and handling of various types of waste, including municipal waste, hazardous materials, electronics, construction debris, and secondary raw materials. The company serves both corporate and private customers, offering services such as organized waste collection, waste transport, and road and street maintenance. Eesti Keskkonnateenused emphasizes resource efficiency and environmental sustainability, operating under an integrated health, safety, and environmental management system that complies with ISO standards.
BPT Real Estate
Acquisition in 2015
BPT Real Estate AS is a commercial property management company based in Tallinn, Estonia, with additional offices in Riga, Vilnius, Warsaw, and St. Petersburg. Since its founding in 2001, the company has specialized in providing comprehensive property and asset management services throughout the business life cycle. Its offerings include tenant relationship management, facility management, and the preparation of property budgets and business plans. Additionally, BPT Real Estate assists clients with project management, acquisitions, dispositions, and feasibility studies, while also providing operational financial administration and support for dealings with public authorities. The company serves a diverse clientele, including property owners, institutional investors, and portfolio owners across the Baltic Sea region, leveraging its extensive market knowledge and experience to enhance the value of real estate investments.
UAB Ecoservice
Acquisition in 2014
UAB Ecoservice is a waste management company based in Vilnius, Lithuania, founded in 1995. It specializes in the collection, transportation, and processing of municipal waste and recyclable materials. The company operates a fleet of vehicles to manage the removal and transport of various types of waste, including graveyard refuse. In addition to waste management, Ecoservice provides urban cleaning and street maintenance services, as well as leases household waste containers and other related equipment. The company is committed to social responsibility, actively engaging in educational initiatives and organizing campaigns for the collection of secondary raw materials. Through these efforts, Ecoservice aims to contribute positively to the community and support youth organizations.
Post Service SIA
Private Equity Round in 2013
Post Service SIA is the largest private postal operator in Latvia, specializing in the delivery of letters, direct mail, batches, and small packages. Based in Riga, the company employs over 400 individuals, including postal agents, drivers, and regional directors. It operates forty parcel delivery and shipment terminals and has developed its own technological solutions for postal services, positioning itself as a leader in automated last mile delivery. Additionally, Post Service SIA exports automated parcel terminals to meet the needs of other postal operators and courier companies, showcasing its commitment to innovation in the logistics sector.
Blue Bridge Technologies
Venture Round in 2013
Blue Bridge Technologies, established in 2007 in Latvia, specializes in developing and implementing IT solutions for business process modernization and service accessibility within the healthcare sector. The company's core product is a SaaS platform that connects healthcare payers, providers, and patients, offering tools such as practice management systems, real-time claims processing, and patient portals with telehealth services. This platform aims to streamline healthcare delivery, facilitate insurance reimbursement, and enhance patient care coordination.
InMedica Klinika
Private Equity Round in 2012
InMedica Klinika is a prominent operator of primary care and specialized clinics in Lithuania, managing a network of 11 clinics. The organization serves approximately 40,000 registered patients and employs around 200 healthcare professionals, including doctors and support staff. InMedica Klinika provides a wide range of medical services, encompassing outpatient treatment, diagnostic examinations, surgery, dentistry, and physiotherapy. The clinics focus on treating various diseases while also offering preventive medical services, such as vaccinations and health screenings. By utilizing modern medical instrumentation and extensive laboratory capabilities, InMedica Klinika aims to enhance patient health, support disease management, and promote overall wellness through appropriate preventive measures and lifestyle development.
SIA EKJU
Private Equity Round in 2012
SIA EKJU is a prominent manufacturer of garden furniture and interior elements, established in 1992 as a Latvian-German joint venture. The company operates from a modern facility near Cesis, Latvia, encompassing over 12,900 square meters, which includes production areas, storage pavilions, and a timber drying kiln. SIA EKJU specializes in a diverse range of products, such as round and combined garden tables, wooden benches, fences, ecological wooden constructions, and decorative items like sand and flower boxes. With a strong export focus, approximately 95% of its finished products are shipped to various international markets, including the United Kingdom, Denmark, France, Sweden, Norway, Ireland, and Spain.
Coffee Inn
Private Equity Round in 2012
Coffee Inn is the leading gourmet coffee chain in Lithuania, Latvia and Estonia, successfully launched in 2007 by a group of enterpreneurs and professionals.
AGroup
Venture Round in 2011
AGroup, established in 2008 as a spin-off from the Latvian office of Robertson & Blums Corporation, has its roots in 1995 with the development of a payroll solution for the SunSystems suite. Initially focused on payroll processing, the company gained traction among clients in Eastern Europe, leading to the standalone branding of its product as HRB® in 1998. Over the years, AGroup expanded its offerings to include a comprehensive suite of human capital management tools, covering workforce management, time and attendance, and employee self-service functionalities. This evolution has positioned AGroup as a leader in payroll processing and HR solutions in Eastern Europe, serving over 550 clients across 22 countries and processing more than 250,000 payrolls. The company's HRB® platform is recognized for its multitenancy features, making it a preferred choice among independent payroll processors and large organizations, including prominent firms like ADP.
Ygle
Private Equity Round in 2011
UAB Ygle, based in Vilnius, Lithuania, specializes in the design, installation, and maintenance of building utility systems. Established in 1995, the company offers a wide array of services, including heating, ventilation, air conditioning, water supply, sewage, fire extinguishing, electrical systems, and various automation solutions. Ygle also provides essential services such as cleaning, security, routine maintenance, equipment replacement, and rubbish removal. The company serves diverse sectors, including office, retail, and industrial spaces, focusing on complex HVAC and engineering solutions. As of September 2020, Ygle operates as a subsidiary of Sol Baltics Ou, with its operations guided by Founder and Chairman Vytautas Šniukšta.
Runway BPO
Private Equity Round in 2011
Runway BPO is a leading business process outsourcing service provider in the Baltic States. With over 600 employees in 9 offices across the Baltics, Spain, and Ukraine, Runway Group offers cost-effective nearshoring services to Nordic, Western European, and multinational businesses. Their services include inbound and outbound call center services, IT outsourcing, back office services, and customized BPO solutions tailored to meet the specific needs of clients. With a focus on multi-lingual support and a wide range of outsourcing capabilities, Runway BPO is dedicated to providing efficient and effective solutions for businesses looking to streamline their operations.
UAB Kelprojektas
Acquisition in 2011
UAB Kelprojektas is a transport infrastructure engineering company based in Kaunas, Lithuania, established in 1956. The company specializes in the design and engineering of transport communications, including roads, streets, intersections, railways, bridges, and tunnels. Its services extend to the planning of public buildings, utility networks, and landscaping projects. Additionally, UAB Kelprojektas conducts geological exploration and provides geodesy and land-use planning services, which encompass topographical surveys and cadastral measurements. The company also engages in environmental impact assessments, feasibility studies, and technical supervision of projects. UAB Kelprojektas operates alongside its subsidiaries, which focus on territorial planning and technical supervision, thereby reinforcing its capabilities in the field of infrastructure development.
Magnetic MRO
Acquisition in 2010
Magnetic MRO AS is a comprehensive provider of aircraft maintenance, repair, and overhaul (MRO) services, catering to airlines, asset owners, original equipment manufacturers (OEMs), and operators. Established in 1995 and headquartered in Tallinn, Estonia, the company has developed a strong reputation for its innovative and digitalized MRO solutions. Its service offerings include total technical support, heavy and line maintenance, engine solutions, integrated engineering services, component repair, and full aircraft painting. Additionally, Magnetic MRO provides asset management services, technical training, and operates an e-platform for leasing and purchasing aircraft engine stands. With a global presence and more than 15 locations, including offices in Miami, London, Amsterdam, Dubai, Guangzhou, and Kuala Lumpur, the company has established itself as a one-stop solution for the aviation industry's maintenance needs. Magnetic MRO was formerly known as Air Maintenance Estonia AS before rebranding in 2014.
Energate OU
Acquisition in 2008
Energate OÜ is a company based in Tallinn, Estonia, specializing in the distribution and sale of natural gas. Established in January 2008, it operates over 120 kilometers of gas pipelines, primarily serving the cities of Tallinn and Tartu. Energate OÜ holds a network license that allows for the development of natural gas networks in five designated areas. Currently, the company is actively developing its networks and selling natural gas in two areas within Tallinn and its surroundings, while also having the rights to extend its infrastructure into Harku, Kohila, and parts of Rakvere and neighboring municipalities. Energate OÜ serves both residential and commercial customers, supplying natural gas for heating and electricity generation.
Tallinna Pesumaja
Private Equity Round in 2006
Tallinna Pesumaja OÜ, established in 2000 and headquartered in Kohila, Estonia, specializes in laundry and textile rental services catering to hotels, hospitals, and restaurants. The company employs advanced technologies, including automated sorting line washing machines and an RFID-based washing management system, to enhance service efficiency. By utilizing environmentally friendly detergents and optimized resource management, Tallinna Pesumaja ensures high-quality cleaning while maintaining competitive pricing. As of 2019, it operates as a subsidiary of Lindström Oy.
NeoQi AS
Private Equity Round in 2005
NeoQi AS is an international company with vast experience in offering innovative SPA equipment. Estonian company established in 2001 - NeoQi AS - offers a variety of conceptual solutions for physical therapy, aesthetic medicine, wellness and spa industry, hardware cosmetology and design. Our goal is to offer to our clients full complex including quality equipment, educational trainings with our specialist, aftersales support, in addition to described services NeoQi offers wide range of cosmetics developed especially for its equipment and provides variety of SPA treatment programs.
Zetcom SIA
Private Equity Round in 2005
ZetCOM provides telecommunication services to make and receive calls across Latvia and abroad. Its services include send and receive short messages, identify incoming calls, redirect calls to another phone number when necessary, and place incoming calls on hold. The company also provides access to Internet with GPRS data transfer and MMS sending. Its phone card offers roaming in Europe, Asia, Africa, Oceania, and America. The company was founded in 2002 and is based in R
Depo DIY
Acquisition in 2005
Depo DIY SIA is a prominent DIY retailer based in Latvia, established in 2004. The company operates nine retail stores located in key cities including Riga, Liepaja, Jekabpils, Daugavpils, Rezekne, and Valmiera. With a workforce of over 1,000 employees, Depo DIY specializes in offering a wide range of building materials and home and garden products to both retail and wholesale markets. Through its extensive store network, the company caters to the diverse needs of customers, establishing itself as a leading player in the Latvian DIY sector.
IT Koolituskeskuse
Acquisition in 2005
IT Koolituskeskuse is an Estonian company specializing in training services for information and communications technology. The organization focuses on delivering comprehensive educational programs and consultancy services aimed at enhancing skills and knowledge in the field of information technology and communication technologies. Operating primarily within the Baltic States, IT Koolituskeskuse aims to equip individuals and organizations with the necessary tools and expertise to thrive in a rapidly evolving technological landscape. Through its tailored training solutions, the company addresses the growing demand for skilled professionals in the IT sector.
OfficeDay
Private Equity Round in 2004
OfficeDay is a prominent office supplies and service provider operating in the Baltic region, specifically Lithuania, Latvia, and Estonia. The company positions itself as a reliable partner for businesses, offering a comprehensive range of innovative and high-quality office products essential for fostering client growth. OfficeDay boasts the largest office product retail chain in Lithuania, with 20 locations in major and smaller cities, facilitating easy access for customers. In addition to its retail presence, the company employs various channels, including telemarketing, mail, and e-commerce, to reach clients effectively. With operations extending to 25 countries, OfficeDay is committed to delivering essential office solutions to support businesses in their endeavors.
SIA V.L.T
Private Equity Round in 2004
SIA V.L.T. is a Latvian company specializing in the production of egg packaging, specifically egg cartons and trays. Founded in 1992, it initially operated as a retailer of agricultural equipment before transitioning to egg packaging in 1998 after acquiring production equipment from Huhtamaki Oyj. The company further expanded its capabilities by acquiring additional machinery from Huhtamaki Oyj and Ecofeutre, establishing itself as the largest producer of egg cartons and trays in the Baltic states. SIA V.L.T. markets its products through retail chains in the Baltic countries and exports to Lithuania, Poland, Estonia, and the Russian Federation. The company's headquarters is located in Valmiera, Latvia.
Intrac Group
Acquisition in 2002
Intrac Group is a supplier of tracked and wheeled machines, specializing in equipment for the forestry, construction, material handling, and agriculture industries. The company provides a diverse range of machinery, including skidders, harvesters, construction equipment, motor graders, terminal tractors, rollers, and pavers. Intrac Group operates in the Baltic States, specifically Estonia, Latvia, and Lithuania, and serves various sectors such as forestry, port operations, medium-sized industries, farming, quarries, and construction. In addition to selling quality machinery, the company also offers spare parts and related services through a network of stationary workshops and mobile service vans, ensuring comprehensive support for its customers.
UAB ICECO
Acquisition in 2001
UAB ICECO produces and exports ice creams, frozen desserts, waffle cups or cones for ice cream, and fish products to customers in Lithuania and internationally. The company sells its products through AURUM, MIO, FRUIT, ESKIMO, and TIRPUKAS brands. It also owns and operates a network of stores that sells assortment of ice cream, frozen desserts, and frozen vegetables, as well as culinary products, including dumplings, stuffed potato dumplings, pizzas, and filo pastry to consumers in Lithuania.
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
Acquisition in 1998
A. Le Coq is the oldest and largest beverage manufacturer in Estonia, with a diverse product portfolio that includes beer, juices, waters, soft drinks, ciders, and low-alcohol beverages. The company is committed to preserving and enhancing drinking culture in Estonia by valuing traditional manufacturing practices while innovatively updating its offerings to provide consumers with new and healthy flavor combinations. A. Le Coq holds a leading position in the Estonian drinks market, particularly in the categories of beer, juice, and long drinks, while also ranking highly in the production of water, soft drinks, and cider. In addition to its operations in Estonia, the company extends its reach to Latvia and Lithuania, further solidifying its presence in the Baltic region.
Vipex is an Estonian limited liability company established in 1992, serving as a representation and distribution center for building materials and home supplies. The company operates as a wholesaler, offering a diverse range of products including interior decoration items, natural stones, sanitary ware, and various household goods. Vipex also specializes in outdoor and design furniture, as well as a variety of construction materials such as slates, ceramic tiles, marble, granite, and sandstone. By representing several well-known brands, Vipex has established a strong presence in Estonia and Eastern Europe, catering to the needs of the construction and home décor markets.