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.

Andrzej Bartos

Senior Partner

Robert L. Conn

Founding Partner

Lukasz Cyran

Director

Marcin Drozdowski

Managing Director

Gabriela Dumitru

Investment Director

Marcin Goszyk

Investment Director

Tobiasz Jankowski

Managing Director

Katarzyna Kaczmarek

Manager of Investor Relations

Katarzyna Marchlewska-Sieczek

Director

Felipe Moraes

Partner and MD

Leszek Muzyczyszyn

Senior Partner

Magdalena Pasecka

Partner, CFO

Andrzej Pietrzak

Managing Director

Mariusz Pietrzak

Associate

Amanda Pinheiro

Partner

Joanna Simonowicz

Managing Director

Sebastian Teter

Managing Director

Maury Ueta

Associate

Paweł Wojas

Associate

Michal Wojdyla

Managing Director

Ismael Zamoner

Associate

Anna Zientkiewicz

Associate

Silberberg Kryss, Raquel

Partner and Principal

Past deals in Southeastern Europe

PayPoint Romania

Acquisition in 2020
PayPoint is a Romania-based market consumer payments operator that allows clients access to even safer, quicker and easier payments. Their mission is to lead the market in the provision of products to consumer service companies and retailers, through innovative solutions and first-class service. Over the last 5 years, PayPoint Romania established itself as an undisputed leader of the OTC bill payment market in Romania. It was founded in 2008 and is based in Bucharest, Bucharest.

Optiplaza

Acquisition in 2019
Optiplaza S.R.L. retails optical products. The company retails optical frames, sunglasses, and contact lenses. It offers its products through stores and online website. Optiplaza S.R.L. was incorporated in 2003 and is based in Brasov, Romania.

OPTIblu

Acquisition in 2019
OPTIblu is one of the main retailers of media coverage in Romania. An extension of the Sensiblu brand - the pharmacy chain, then developing into a network of stores with its own marketing strategy, adapted to the demands of a different, increasingly complex market. At OPTIblu, we look at the purchase of a pair of glasses both from the aesthetic perspective and from the medical perspective, offering a pleasant experience and the memorability of each client.

Trimo

Acquisition in 2015
Trimo d.o.o. specializes in designing and constructing building envelope systems and modular space solutions. The company offers a diverse range of products, including steel buildings, roofs, façades, containers, and insulation systems. Its construction services cater to various sectors such as commercial, industrial, educational, and infrastructure projects. Trimo provides specialized façades and walls, including modular and insulated systems, along with roofing solutions that feature both insulated and photovoltaic options. Established in 1961 and originally known as Metal Company Trebjne, Trimo changed its name in 1971 and is headquartered in Trebnje, Slovenia. The company operates production facilities in Slovenia and Serbia and maintains a sales network across 54 countries worldwide.

EnergoBit

Acquisition in 2012
EnergoBit is a supplier of services and equipment for low, medium, and high voltage electrical networks to the power sector. It was founded in 1991.

Wirecard Romania

Acquisition in 2011
Wirecard Romania offers full outsourcing of card services. The services include all card personalization and processing, ATM and POS management, monitoring and maintenance, along with loyalty programs and applications, dispute management, fraud monitoring solutions, and emergency card support (anywhere in the world) Call-center and support in implementing EMV standards in line with current trends. Wirecard Romania develops complex incentive programs designed to stimulate the card market by increasing the number of cards issued by banks and their use. The infrastructure and the range of services offered are constantly updated and developed so as to enable continuous adaptation to market requirements.

La Fantana

Acquisition in 2007
La Fantana SRL is a company based in Bucharest, Romania, specializing in the bottling and distribution of spring water for office use in Romania and Serbia. Founded in 1999, the company extracts, processes, and bottles spring water, offering a range of services including water delivery, water cooler installation, and personnel training for the effective use of these units. La Fantana also provides maintenance and service throughout the contract period. With a network exceeding 100,000 bottled water-coolers and tap-fed point-of-use units installed across both countries, the company operates factories in Talmaclu, Romania, and Mitrovo Polije, Serbia. La Fantana SRL was previously known as Aqua National before rebranding in January 2001.

Oresa

Acquisition in 2007
Oresa is present in Central and Eastern Europe through private-equity investments since 1995. Our owners and investors are a Swedish entrepreneurial family. They have instilled in Oresa a strong culture of openness, fairness and trust, as well as a great deal of respect for visionary entrepreneurs and managers. Our current core market is Romania, where we hold majority or significant stakes in a broad portfolio of companies. Over the years, we have invested more than EUR 150 million in equity in over 25 companies. EUR 100 million in equity were invested in Romania alone.