Russia Partners

Russia Partners Management, LLC is a prominent private equity firm founded in 1991, specializing in a wide array of investment strategies including early venture, middle market, and turnaround investments. With over $1 billion in assets under management, the firm primarily focuses on sectors such as consumer goods, healthcare, industrials, technology, and financial services. It targets investments in the CIS region, particularly in Russia and neighboring countries, seeking opportunities that range from $5 million to $50 million. The firm typically pursues control or significant minority positions and may take board seats in its portfolio companies. Since its inception, Russia Partners has invested in more than 60 companies, including notable names like MTV Russia and EPAM Systems. Its team of about 20 specialized investment professionals combines local market expertise with advanced Western education, enabling the firm to attract institutional investments from the U.S. and abroad. As a wholly-owned subsidiary of Siguler Guff & Company, LP, Russia Partners emphasizes long-term partnerships with entrepreneurs, providing not only capital but also strategic insights to foster growth and sustainability.

Vladimir Andrienko

Managing Director

Alexander Lupachev

Director and Adviser

Roman Simonov

MD, Adviser and Head of Russia Partners' Technology, Media and Telecommunications

8 past transactions

Maximum Education

Series B in 2019
Maximum Education is an educational and technology company based in Moscow, Russia, specializing in offline and online test preparation services. Founded in 2013 by Michael Magkov, Pavel Belorusskiy, and Alexey Chalimov, the company operates two learning centers located in Moscow and St. Petersburg. It provides a range of educational services and products aimed at supporting students and educational partners in their academic pursuits.

Maximum Education

Series A in 2015
Maximum Education is an educational and technology company based in Moscow, Russia, specializing in offline and online test preparation services. Founded in 2013 by Michael Magkov, Pavel Belorusskiy, and Alexey Chalimov, the company operates two learning centers located in Moscow and St. Petersburg. It provides a range of educational services and products aimed at supporting students and educational partners in their academic pursuits.

Banki.ru

Private Equity Round in 2013
Banki.ru, according to all rating systems in Russia, is the number one bank information website which is profitable and growing rapidly. The Company was founded in 2005. Today, the Company focuses on building a database for deposit information, mortgages, credit cards, consumer loans, car loans, business loans and others. This is the key value proposition for the visitor as he does not need to search different websites but can find all the information he needs in one place. Users can send a request for all types of loans to the bank through the Banki.ru. The database is regularly monitored and updated every month. Banki.ru gives an opportunity to the visitors to write reviews about banks - Public Rating of Banki.ru, popular among Russians, consists of 30,000 clients' reviews. Banks in their turn quickly respond to the customers complaints in Public Ranking, solve their problems and answer the questions by means of Hot lines. Audience of Banki.ru is equal to over 1 million unique visitors per month. About 150-200 Russian banks place an advertisment on Banki.ru per year. In 2010 Russian investment fund Finam Capital invested Banki.ru, but its original founders still have a majority interest. In 2011 Banki.ru aquired Ukrainian site Banki.ua The auditor of the Company is Grant Thornton Russia.

Plesk

Venture Round in 2013
Plesk is a WebOps platform that specializes in managing, automating, and scaling applications, websites, and hosting businesses. It provides users with the tools to create cloud-based web applications and websites tailored for small and medium-sized enterprises (SMEs) while ensuring automatic security for these digital assets. The platform offers various solutions, including shared hosting, WordPress management, and infrastructure designed for service providers and developers. Headquartered in Switzerland, Plesk operates six global offices in locations such as Toronto, Cologne, Barcelona, Tokyo, and Novosibirsk.

Odin

Venture Round in 2013
Odin provides the software that powers the cloud ecosystem, from small and local hosters to some of the world’s largest telecommunication companies. By partnering with Odin, service providers gain access to industry expertise, a catalog of the most in-demand cloud applications, and the most comprehensive selection of software including web server management, server virtualization, provisioning, and billing automation.

RethinkDB

Series A in 2011
RethinkDB is the first open-source scalable database for the realtime web. It exposes an exciting new access model -- instead of polling for changes, the developer can tell the database to continuously push updated query results to applications in realtime. RethinkDB allows developer to build scalable realtime apps in a fraction of the time with fewer engineering resources. RethinkDB features a pleasant and powerful query language that has useful queries like table joins and groupBy, a highly parallelized architecture, and web tools for managing clusters.

KupiVIP

Series C in 2011
KupiVIP is a prominent Russian online fashion retailer that specializes in offering discounted fashion and home goods from both high-street and luxury brands. Established in 2008 by Vladimir Kholyaznikov, Mikhail Konoplev, and Oskar Hartmann, the company has rapidly gained popularity, amassing a customer base of 6 million. Operating from its headquarters in Moscow, KupiVIP conducts up to 20 private online flash sales daily, providing consumers with access to exclusive deals on a wide range of products.

Parallels

Venture Round in 2009
Parallels develops cross-platform virtualization and automation solutions which allow users to access applications, files, and computers in one place on any device or operating system. It offers businesses and individuals with solutions built for Mac, Windows, iOS, AndroidTM, and the cloud. The company’s products include Parallels Desktop for Mac, Parallels Desktop for Mac Business Edition, Parallels 2X Remote Application Server (2X RAS), Parallels Access, Parallels Transporter, and Parallels Mac Management for Microsoft System Center Configuration Manager (SCCM). Parallels was founded in 2000 and is based in Renton, Washington.