Global Finance

Global Finance is an independent investment firm based in Athens, Greece, founded in 1991. It specializes in private equity and venture capital, focusing on management buyouts, middle market investments, and growth capital, particularly in underperforming companies. The firm invests in various sectors, including manufacturing, information technology, specialty retail, media, entertainment, healthcare, telecommunications, and services. Global Finance primarily targets companies in Greece and the broader Southeastern European region, including Bulgaria, Romania, Russia, and Serbia. Its investment strategy includes both minority and majority stakes, with typical investments reaching up to €40 million in Greece and €15 million in Eastern Europe. The firm engages in real estate development and offers advisory services, aiming to exit investments within three to six years through various methods such as trade sales or management buybacks.

George Andreoglou

Investment Manager - Global Finance Real Estate

Ivana Bozjak

Partner, Head of Real Estate

George Gondicas

Non-Executive Director

Theodore Kiakidis

Partner

Manos Kotronakis

Partner and Chief Operating Officer

George Kourtis

Partner

Panos Lagarias

CFO

Mihalis Madianos

Partner

Nicolas Plakopitas

Partner

Angelos Plakopitas

Managing Partner

43 past transactions

Green Group

Acquisition in 2012
Founded in 2002 and based in Buzau, Green Group is a recycling business operating in Romania and south-eastern Europe. It recycles waste streams including PET, electric and electronic waste, glass and batteries.

Chipita

Acquisition in 2010
Chipita S.A. produces and markets flour-based snacks and chocolate confectioneries.

Euroclinic Group

Acquisition in 2009
Euroclinic Of Athens S.A. operates as a general diagnostic therapeutic and surgical centre in Athens. The company specializes in the areas of cardiology, general surgery, internal medicine, pediatrics, and ophthalmology. It provides medical services. The company was founded in 1998 and is based in Athens, Greece with operations in Bucharest.

CallPoint New Europe EAD

Seed Round in 2008
CallPoint New Europe EAD is a business process outsourcing company.

Eurolns Insurance Group

Venture Round in 2008
Euroins Insurance Group (EIG) is one of the independent groups operating in the Central and SEE insurance markets. The company is focused in providing a full range of insurance products in the areas of general, health and life insurance.

CallPoint New Europe EAD

Acquisition in 2008
CallPoint New Europe EAD is a business process outsourcing company.

Axigen

Series A in 2007
Axigen is an integrated email, calendaring and collaboration platform, masterfully built on our unique Linux mail server technology, for increased speed and security. The Axigen messaging platform is available in three solutions, all tailored to customer needs: - Axigen Business Messaging The full benefits of email communication & collaboration, integrated in a smart & secure solution based on a powerful mail server for business. - Axigen Service Providers Messaging Multi-tenant messaging for SPs looking to host hundreds to millions of business-level email users, based on a powerful mail server for ISP. - Axigen Free Mail Server The Axigen Free Mail Server is a great alternative to open source: it is a turnkey messaging solution with an amazing number of free email users. Currently, AXIGEN is distributed internationally by over 200 partners from 100 countries and manages email traffic for more than 11,000 companies with 6 million end-users.

BIOFARMA Pharmaceutical

Acquisition in 2007
Biofarma Pharmaceutical Industry Co. Inc. develops and manufactures generic drugs. It offers drugs for allergy/immunology, behavioral health, cardiovascular, CNS/neurology, dentistry/oral, dermatology, endocrinology/metabolism, gastrointestinal and hepatology, gerontology/aging, infectious diseases, men's health, obstetrics/gynecology, oncology/hematology, ophthalmology, orthopedics, pediatrics, radiology, renal, respiratory/pulmonary, rheumatology/arthritis, urology, vitamins and minerals, and women's health. The company offers its products in Turkey and internationally. Biofarma Pharmaceutical Industry Co. Inc. was founded in 1945 and is based in Istanbul, Turkey with locations internationally. Biofarma Pharmaceutical Industry Co. Inc. is a former subsidiary of Selçuklu Holding AS.

Vivacom

Acquisition in 2007
VIVACOM is a leader in developing modern telecommunication services to meet the highest professional standards - from Мobile and Fixed Voice services, high speed Fiber Optic Internet, Digital Interactive TV, Data transfer to tailor made telecommunication solutions. They have come along the exciting and dynamic path from the first telecom operator in Bulgaria to the popular Bulgarian brand VIVACOM - leader in providing high-tech services of a new generation. Today, they take care of the communication needs of more than 4 million customers and are proud to have successfully developed a network of over 230 shops throughout the country. In today’s fast-paced and challenging world it is not enough to have a voice connection; they have to be connected anywhere at anytime. That is why they at VIVACOM rely on out-of-the-box thinking and approach to provide innovative and effective technological solutions for everyone. Their mission and goal is to provide personalized services to their customers: mobile and fixed voice services; high speed broadband internet access through fiber optic, copper and satellite infrastructure; data transmission services via the mobile and fixed networks; and individual telecommunication solutions tailor-made for the client. Their commitment to the society does not only include the best products and services. Their social policy, unified under the VIVACOM Fund platform, includes annual investment ofmillions of BGN in the fields of education, culture, sports and charity. Their inspiration is their work and their clients are at the center of everything they do.

Typoprint

Acquisition in 2007
Typoprint provides digital printing services to advertising agencies and manufacturers.

CBL Patras

Acquisition in 2006
CBL Patras is a global peptide manufacturing and technology company.

ICAP Group S.A.

Acquisition in 2006
ICAP Group is a multidisciplinary and fast growing B2B Services Group

Andromeda S.A.

Acquisition in 2006
Andromeda S.A. engages in processing, packaging, trading, and distributing Mediterranean fish products for customers in Europe and internationally. It offers various species, such as gilthead sea bream, European sea bass, meagre-corvina, sharp snout sea bream, common red sea bream, PR1MUS sea bass and sea bream, and red porgy; juveniles and fresh fish; other Mediterranean species; and head on and fillets. Andromeda S.A. was founded in 1998 and is based in Paiania, Greece with additional offices in Burriana (Castellón), Spain; and Rion Achaias, Greece. It has production facilities in the region of Alicante, Murcia, and Barcelona.

La Fourmi

Acquisition in 2006
La Fourmi is a chain of supermarket stores.

Eurodrip SA

Acquisition in 2005
Eurodrip S.A., established in 1979 and headquartered in Maroussi, Greece, specializes in the manufacturing and sale of integrated drip irrigation solutions for agricultural and landscaping applications. The company offers a wide range of products, including flat drippers, driplines, various fittings, filters, and valves, which are designed for open field crops, greenhouse projects, and landscape use. Eurodrip is recognized as a European leader in the industry, known for its innovative manufacturing techniques that allow drippers to be embedded directly into the pipeline during production, enhancing water conservation and crop yield. The company serves a diverse customer base through its subsidiaries and independent dealers across several countries, including Greece, the United States, Mexico, Peru, Turkey, Egypt, and Jordan. As of late 2017, Eurodrip operates as a subsidiary of Rivulis Plastro Ltd.

Onda Coffee Break AD

Private Equity Round in 2005
Onda Coffee Break AD operates a chain of coffee shops.

TotalSoft

Acquisition in 2005
TotalSoft is one of the largest IT companies in Romania. Established in 1995, the company is one of the pioneers of the IT industry in Romania. Currently, the company has over 500 employees and 1,500 clients from 25 countries in the private and public sector, mostly companies in financial services, leasing, distribution & retail, healthcare & pharma, telecom, automotive and constructions. In 2010 and 2011, TotalSoft ranked first place among the Romanian ERP providers, according to Pierre Audoin Consultants. TotalSoft has its own suite of software solutions, Charisma Business Suite, comprised of Charisma ERP, payroll and human capital management solutions, medical software, eBusiness applications. The Software Development division of TotalSoft creates tailor-made solutions abroad, with 300+ offshore projects delivered in USA, UK, Netherlands, Sweden, Germany, France, Belgium, Austria and Switzerland. TotalSoft is member of Global Finance Group, one of the largest private investment companies in South-Eastern Europe.

Royal Potatoes

Acquisition in 2005
Royal Potatoes is a manufacturer wholesaler of frozen potatoes.

Corporacion Dermoestetica

Private Equity Round in 2004
Corporación Dermoestética, S.A. provides medical aesthetic and cosmetic surgery services in Spain and Portugal. The company was founded in 1979 and is based in Valencia, Spain. As per the transaction announced on July 21, 2015, Corporación Dermoestética, S.A. operates as a subsidiary of Cosmewax S.A.

A1 Bulgaria

Acquisition in 2004
A1 Group is one of the leading telecommunication providers in Central and Eastern Europe with more than 24 million customers and over 18,000 employees. At present, the company operates in seven countries: Austria (A1), Bulgaria (A1 Bulgaria), Belarus (velcom), Croatia (Vipnet), Slovenia (A1 Slovenia), Serbia (Vip mobile) and Macedonia (one.Vip). The portfolio of the group includes voice telephony, high-speed internet and multimedia services as well as high-end, data and online payments solutions. A1.bg is the first and largest GSM mobile phone operator in Bulgaria. It has more than 4.2 million customers. The company was founded in March 1994 but was not launched commercially until September 1995 .

Attica Zoological Park

Acquisition in 2004
Attica Zoological Park is a private zoo.

Epavlis SA

Private Equity Round in 2003
Epavlis SA operates a chain of retail stores in the bed linen market.

United Milk Company

Acquisition in 2003
United Milk Company AD processes and produces dairy products from cow, sheep, and goat milk.

Nikas

Acquisition in 2003
Nikas is a producer and marketer of processed meat products in the region.

Lanitis Development Ltd.

Acquisition in 2002
Lanitis Development Ltd. designs, develops, and operates integrated resorts, combining real estate and leisure facilities.

S.C. Orange România

Acquisition in 2001
S.C. Orange România provides local telecommunications services to Romanian customers. It offers monthly and pre pay plans, service plans on subscription, home Internet packs, data service plans, 3G service plans, messages, international services, customized dialing, mobile banking, and client services.

NetMed N.V.

Private Equity Round in 2000
NetMed N.V. provides pay-TV service platform.

Temenos

Private Equity Round in 2000
Temenos Group AG is the market leading provider of banking software systems to retail, corporate, universal, private, Islamic and microfinance & community banks. Headquartered in Geneva with 68 offices worldwide, Temenos serves over 1,000 financial institutions in more than 125 countries across the world. Temenos was founded in 1993 in Geneva, Switzerland. From the outset it had a simple mission: to rid the banking industry of its legacy software. Ever since that time, Temenos has worked to make this mission a reality. It has invested more than USD1bn in developing great banking solutions. It has grown its product set from core banking to payments, wealth management, business analytics and channels, offering a comprehensive solution set to meet the industry’s needs. It has developed the largest network of partners in the industry to enable it to scale delivery, and Temenos has more than 1,600 installations in over 150 countries.

Zephyr Telecommunications, Inc.

Private Equity Round in 2000
Zephyr Telecommunications, Inc. offers IP platform that combines an international broadband network.

YIOULA Glassworks S.A.

Acquisition in 2000
YIOULA Glassworks S.A. manufactures glass containers and tableware.

Germanos

Acquisition in 2000
Germanos provides mobile products and services.

S.C. Zentiva S.A.

Acquisition in 1999
Zentiva S.A. produces and trades in human drugs and medication in Romania, the Czech Republic, Slovakia, and rest of Europe. The company offers products in various therapeutic areas, including cardiovascular, central nervous system, gastrointestinal and metabolic disorders, anti-inflammatory and pain, blood disorders, anti-infectives, urology, respiratory, endocrinology, oncology, and dermatology, as well as hospital solutions. The company was formerly known as Sicomed S.A. and changed its name to Zentiva S.A. in January 2006. Zentiva S.A. was founded in 1962 and is headquartered in Bucharest, Romania. Zentiva S.A. is a subsidiary of Zentiva NV.

Dodoni Icecream S.A.

Acquisition in 1999
Dodoni Icecream S.A. is a Greek company that specializes in the production of ice cream and a variety of related products, including desserts, beverages, waffles, and snacks. Founded in 1967 and headquartered in Pallini, Greece, the company also offers take-away options such as ice cream cakes, chocolates, and traditional cakes. Its products are distributed through various channels, including dedicated shops, seasonal outlets, and retail stores, making them accessible to a wide range of customers.

Boutari.gr

Acquisition in 1999
Boutari.gr is the Wine and Beer Producer.

Seafarm Ionian S.A.

Acquisition in 1999
Seafarm Ionian S.A. specializes in fish farming.

Diakinisis

Acquisition in 1998
Diakinisis provides integrated logistics services.
Gregory's Food Service Group S.A. is a coffee & food-snack sector.

SingularLogic

Acquisition in 1998
SingularLogic is a Software Vendor and Integrated IT Solutions Group.

Delta Romania S.A

Acquisition in 1998
Delta Romania S.A produces ice creams.

Steelmet AD

Acquisition in 1997
Steelmet AD produces and trades non-ferrous metal products.

Romcolor 2000 SA

Acquisition in 1996
Romcolor 2000 SA produces and sells masterbatches for plastics.

Mark Aalen Opticians

Acquisition in 1993
Mark Aalen Opticians is a Optical Retail Chain.

Goody's Burger House S.A

Private Equity Round in 1992
Goody's Burger House S.A is pioneered quick-service restaurants.