Livonia Partners
Livonia Partners is a private equity firm established in 2013, focused on buyout and growth capital investments in small to mid-sized companies within the Baltic region, particularly Estonia, Lithuania, and Latvia. The firm specializes in various sectors, including manufacturing, services, consumer goods, technology, energy, healthcare, and financial services. Livonia Partners typically invests between €3 million and €15 million per company, targeting firms with an enterprise value of €10 million to €100 million, and often seeks majority ownership, although minority stakes are also considered. The firm prefers to engage with companies that have fewer than 500 employees and is open to co-investing in transactions up to €70 million. With a strong operational team experienced in business development across Europe and the United States, Livonia Partners aims to foster growth and enhance the potential of its portfolio companies. The firm maintains offices in Rīga, Tallinn, and Vilnius.
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 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
Private Equity Round in 2007
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.
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.