Livonia Partners
Livonia Partners, established in 2013, is a private equity firm headquartered in Riga, Latvia, with offices in Tallinn, Estonia, and Vilnius, Lithuania. The firm specializes in buyout and growth capital investments, focusing on small to mid-sized companies in the Baltic region, particularly Estonia, Lithuania, and Latvia. Livonia Partners invests between €3 million and €15 million per company, targeting enterprises valued between €10 million and €100 million, and employs a co-investment strategy for larger transactions up to €70 million. The firm prefers majority ownership but also considers minority investments, and typically invests in companies with fewer than 500 employees. Livonia Partners' investment focus spans various sectors, including manufacturing, services, consumer, financial, technology, media, and healthcare. The firm is managed by an experienced, multi-disciplinary team with extensive business-building expertise in the Baltic countries and beyond.
FREOR
Private Equity Round in 2018
Freor LT is an international manufacturer of commercial refrigeration equipment based in Vilnius, Lithuania. The company specializes in providing a wide array of products, including remote, semi plug-in, and plug-in cabinets, serve-overs, and freezers, aimed at enhancing food product sales in various retail environments, from discount stores to large supermarkets. Freor emphasizes sustainability and innovation, producing energy-efficient and environmentally friendly refrigeration systems that minimize the ecological impact of traditional refrigeration methods. With an extensive network of over 35 representatives, Freor's products are installed in more than 55 countries globally. The company operates a modern, energy-efficient manufacturing facility that adheres to high-quality standards certified by ISO 9001, ISO 14001, and ISO 50001, reflecting its commitment to sustainable business practices.
Baltic Ticket Holdings AS
Private Equity Round in 2007
Baltic Ticket Holdings AS is a ticket distribution company operating across Estonia, Latvia, Lithuania, and Belarus, serving a combined population of approximately 7 million people. Founded in 1997 in Tallinn, Estonia, the company originated with the ticket sales for a Michael Jackson concert and has since expanded its operations significantly. It manages an extensive ticketing network that includes an online platform and around 400 physical sales points throughout the region. The company merged various ticketing operations, notably including Bilesu Serviss in Latvia and BilietuPasaulis in Lithuania, to enhance its market presence. Its in-house online ticketing system, developed since 2001, supports the management of large-scale events, such as concerts and festivals, with significant ticket sales. Baltic Ticket Holdings AS is recognized for selling the largest volume of tickets for events in the Baltics and Belarus, continuously evolving its technology to meet the demands of event organizers and enhance user experience.
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