Innova Capital

Innova Capital Sp. z o.o. is a private equity firm based in Warsaw, Poland, with an additional office in Bucharest, Romania. Established in 1994, the firm specializes in growth capital and buyouts, focusing on mid-market companies in Central and Eastern Europe, particularly in Poland, Slovakia, Croatia, Hungary, Romania, Moldova, the Czech Republic, Bulgaria, Germany, and Austria. Innova Capital does not invest in start-ups or turnaround situations but seeks opportunities in sectors such as construction, manufacturing, energy, technology, media, financial services, consumer goods, telecommunications, healthcare, and outsourcing. The firm typically invests between €5 million and €75 million in companies with enterprise values ranging from €50 million to €184 million, aiming for both majority and minority stakes. Innova Capital's investment horizon spans three to five years, with exits achieved through sales to strategic investors or initial public offerings. Over its history, the firm has invested nearly €500 million in approximately 40 companies across ten countries.