Reuters – Mid Europa Partners to Buy Penta’s Alpha Medical

Private equity firm Mid Europa Partners is to buy Eastern European laboratory diagnostics company Alpha Medical from Czech private equity group Penta Investments, writes Reuters. Mid Europa, which is focused on Central Europe and Turkey, did not say in the statement how much it would pay for Alpha Medical, which operates 50 labs across Slovakia, Poland and the Czech Republic, writes Reuters.

Reuters – UPC and PE Firms Eye Poland’s Multimedia

Private equity groups and local rival UPC are circling Polish cable group Multimedia Polska which is up for sale with a price tag of about 700 million euros ($861 million), writes Reuters. Permira, EQT and Mid-Europa Partners are considering placing bids for the business. (Reuters) – Private equity groups and local rival UPC are circling […]

Reuters – Emperia Calls Off Sale of Retail Arm

Polish retailer Emperia said on Monday it had pulled the planned sale of Stokrotka, ending a drawn-out process that had valued the store chain at 900 million zlotys ($261 million), writes Reuters. Sources told Reuters that private equity firm Mid Europa Partners and Penta Investments both bid for Emperia’s retail arm. (Reuters) – Polish retailer […]

France Telecom Hoping for Orange Austria Deal

France Telecom hopes to finalise a deal to sell its 35 percent stake in Orange Austria to Hutchison 3G in the coming days or weeks, writes Reuters. The deal would value Orange Austria, jointly owned by France Telecom and private equity firm Mid-Europa Partners, at around 1 billion euros ($1.3 billion), according to Austrian media […]

Mid Europa Acquires Hospital Group

Central and Eastern European focused Mid Europa Partners has completed the acquisition of a 65% stake in Kent Hospital Group, a private hospital operator based in Izmir, Turkey. In addition, Mid Europa entered into an agreement to increase its stake to up to 90% over time.

Mid Europa Interested in Emperia Stores

Buyout shop Mid Europa Partners is reportedly mulling a purchase of Polish retailer Emperia‘s store chains, according to Reuters. Emperia is valued at about $500 million, and last month launched a tender for its retail arm, which includes store chains Stokrotka, Groszek and Lewiatan, Reuters wrote. Mid Europa recently bought another Polish retailer, Zabka, from Penta Investments.

Mid Europa Partners Acquires 49% of Hungarian Transport Company Waberer

The London-based private equity firm Mid Europa Partners has acquired a 49.05% stake in the Central and Eastern European road freight operator Waberer’s. Waberer’s is largest road transport company in Hungary and one of the largest in Europe and generated revenue last year of €331 million, or $467 million. PRESS RELEASE: Mid Europa Partners (“Mid Europa”), the […]

Penta Investments Exits Zabka

Private equity firm Penta Investments sold its stake in Polish retailer Zabka for roughly 400 million euro ($553 million), Reuters reported. The buyer was private equity firm Mid Europa Partners, Reuters said.

Mid Europa Partners Announces 2011 Promotions

Mid Europa Partners, the central European private equity firm, announced its 2011 promotions. Michelle Capiod has been promoted to director, with Andrej Babace and Robert Chmelar advancing to the associate director level, and Jan Krzewinski has been promoted to senior associate.

Mid Europa Completes Invitel Tender Offer

Mid Europa Partners has completed its tender offer to acquire all outstanding ordinary shares of Invitel Holdings AS (AMEX: IHO), a fixed-line telecom and broadband internet services provider in the Republic of Hungary. Mid Europa now holds 91.8% of the shares, and plans to acquire the remainder via separate transactions.

Norican Group Completes Financial Restructuring

Norican Group, a Danish metallic parts enhancement company has completed a financial restructuring. No terms were disclosed, except that the deal involved existing Norican equity sponsors (Mid Europa Partners and Mezzanine Management) and lenders (Nordea, HSH and DnB Nor).

Mid Europa Completes First Part of Invitel Buyout

Mid Europa Partners has completed the first part of its acquisition of Invitel Holdings AS (AMEX: IHO), a fixed-line telecom and broadband internet services provider in the Republic of Hungary. The total deal involves three separate transactions: Mid Europa has paid $10.8 million to TDC AS for its 64.6% stake in Invitel; Mid Europa will next purchas […]

Mid Europa To Buy Invitel

Mid Europa Partners has agreed to acquire Invitel Holdings AS (AMEX: IHO), a fixed-line telecom and broadband internet services provider in the Republic of Hungary. The deal would involve three separate transactions: Mid Europa would pay $10.8 million to TDC AS for its 64.6% stake in Invitel; Mid Europa would purchase all of TDC’s rights and obligations under a €34.1 million subordinated PIK loan (which would be increased up to €91.4 million); and Mid Europa would launch a tender offer for the outstanding €125 million floating rate senior PIK notes due 2013 (held by Invitel).

Mid Europa Partners Closes Falcoln Group Stake Purchase

Mid Europa Partners, a Central and Eastern European private equity firm, has closed its purchase of an additional stake in Falcon Group. The stake, which now totals 74.6%, was purchased from Lehman Brothers. Press Release: Mid Europa Partners has successfully completed the acquisition of an additional stake in Falcon Group as previously announced on 3 […]

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