Livonia Partners

Livonia Partners is a private equity team investing in Baltic businesses primarily in technology and manufacturing, and retail sectors. With AUM exceeding EUR 100 million, the fund is managed by a highly-experienced and multi-disciplinary operational team located across the Baltic region. The team has an extensive business-building experience in the Baltic countries and in wider Europe and America in sectors such as IT&T, banking, retail, business services, renewable energy, logistics. Livonia Partners has offices in Tallinn, Riga and Vilnius.

Ernests Bordans

Associate, Interim CFO

Mindaugas Rapolas

Partner

9 past transactions

Scoro

Series A in 2018
Scoro is the most comprehensive business management solution for creative and professional services. It helps to streamline work and eliminate routine tasks to ensure business runs as smoothly and efficiently as possible – from sales right through to billing.

Freor

Private Equity Round in 2018
FREOR LT is an internationally operating manufacturer of commercial refrigeration equipment for any type of store. From discounters to supermarkets and hypermarkets - we offer our clients a broad range of products, including remote, semi plug-in, and plug-in cabinets, serve-overs, and freezers, designed to increase the sales of food products. We have an extensive international network of more than 35 representatives with whose help our refrigerator equipment is installed in more than 55 countries in the world. FREOR's philosophy is reflected by the company's slogan – Thinking Green. It stands for sustainable and responsible business culture, focusing on the environment, energy efficiency, innovations, and high-quality manufacturing requirements. FREOR is headquartered in Vilnius, Lithuania, and owns a modernly equipped, A+ energy-efficient FREOR plant of 20,000 square meters. FREOR's high-quality standards are certified by ISO 9001 (quality management), ISO 14001 (environmental management), and ISO 50001 (energy management).

Cgates

Private Equity Round in 2017
Cgates is largest independent pay TV and internet service provider. It provides digital and interactive television, fibre-optic broadband internet and fixed telephony to subscribers across the country. The company was founded in 1991 and has developed into a leading telecom operator via numerous acquisitions and organic growth. Investor consortium led by Livonia Partners acquired a significant minority stake in September 2017 to support growth of the company and further network and technology upgrades.

Santa Monica Networks

Acquisition in 2017
Santa Monica Networks has been working on developing and maintaining data transmission network solutions since 1989, offering corporate networking between the Baltic States, as well as solutions for data security, unified communications, optical networks and contact centers. SMN operates in the Baltic States and Finland, employing a total of 80 IT experts and consultants. The company's customer base includes the largest Latvian companies and major Internet service providers. SMN has been operating in Latvia since 2003. SMN focuses on providing services known as SantaCare's name. Among them, Managed Services and System Integration Services are most popular with leading global solutions, including Cisco, HP, Microsoft, Transmode, Juniper, Fortinet, Check Point, F5, Barracuda, Allot Communications, Blue Coat, IronPort, DiGi, RSA , Trend Micro, Websense, etc.

Hortes

Acquisition in 2016
Hortes, established in 2004 by Trigon Capital AS and Finnish investors, runs the largest modern home and garden centre. It successfully delivers an inspirational shopping experience in spacious glass-structure premises with a broad and unique selection of products. Recognition of the brand is high nationwide.

Ha Serv

Acquisition in 2016
Ha Serv is a leading European producer of sauna materials, finished saunas and thermo-treated wood. Our strengths are our experienced and dedicated team, extensive product range, variety of wood types and continuous product development. Our product portfolio includes: hardwood and softwood sauna materials finished elements for sauna interiors and sauna doors decking and external cladding from thermo-treated wood and Siberian larch readymade saunas for private use or for companies

Baltic Ticket Holdings AS

Private Equity Round in 2007
BTH covers the Baltics (7 mln people) and Belarus with one network. The company entered business in 1997 in Estonia (with the population of 1,3 million) under the trademark Piletilevi with selling tickets to Michael Jackson’s concert. Latvian (with the population of 2,22 million) ticketing network Bilesu Serviss started in 2000 and after merging under Baltic Ticket Holdings, business was opened in Lithuania (with the population of 3,35 million) in 2008. In 2010 ticket business was started in Belarus (appr 9 million people). BTH manages the ticketsales portals with web-shops (monthly total of about 600,000 visits) in the four countries and 400 sales points across the Baltics. All services are managed with in-house on-line ticketing system (created 2001 and developed continuously), which allows BTH to service the largest events in the area: Metallica 2006 (ca 80 000 tickets), Estonian Dance and Song festival 2009 - 140 000 tickets, Ice Hockey Championships RIGA 2006 - 60 000 tickets, etc. BTH sells the biggest amount of events in the Baltics and Belarus. Our ticketing program and additional applications follow the newest technological developments and help to manage easily different types of events and event organisers. Baltic Ticket Holdings AS companies: Estonia - Piletilevi AS, www.piletilevi.ee Latvia - Bilesu Serviss SIA, www.bilesuserviss.lv Lithuania - BilietuPasaulis.lt, www.bilietupasaulis.lt Belarus - Bileti.by

Qvalitas

Private Equity Round in 2005
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.
Spot something off? Help us improve by flagging any incorrect or outdated information. Just email us at support@teaserclub.com. Your feedback is most welcome.