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.
UAB Freor LT manufactures commercial refrigeration systems for supermarkets and low prices stores. It offers scroll refrigerating counters, dual scroll systems, freezers, water scroll systems, and accessories; and serve-over products, positive temperature vertical cabinets, vertical and horizontal freezers, plug in cabinets, and green energy products. The company was founded in 2000 and is based in Vilnius, Lithuania.
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.
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.