Latin America mobile commerce platform Movile grabs $55 mln

Movile, a Latin America-based mobile commerce platform, has raised $55 million in funding. Investors included Innova Capital, which led a $35 million Series D round. Also, Movile has received $20 million through FINEP, Brazil’s Funding Authority for Studies and Projects within the Ministry of Technology.


GTS sold to Deutsche Telekom

GTS has been sold to Deutsche Telekom for 546 million euros. GTS is an infrastructure-based telecommunications service provider in South East and Eastern Europe. It is currently owned by a consortium of international private equity firms including Bessemer Venture Partners, Columbia Capital, HarbourVest Partners, Innova Capital, MC Partners and Oak Investment Partners.

Innova Capital Backs Romanian EnergoBit

Central European private equity fund Innova Capital and the European Bank for Reconstruction and Development are investing in EnergoBit Group, an electrical engineering services company in Romania. Innova Capital will become a controlling shareholder in the company.

Innova Capital Backs Polish Hospital for Mothers and Children

Innova Capital has entered into the market of specialist medical services in Poland through its investment in the Ujastek Gynaecological and Obstetrics Hospital. The fund will spend around PLN 150 million ($45.5 million) on building a medical group focusing on medical care for mothers and children. PRESS RELEASE Innova Capital has entered the market of […]

Innova Capital, Other Mull Netia Deal

Private equity fund Innova Capital and two others will get a peek at the finances of Polish telecoms operator Netia in a move that could lead to one of them snapping up the group, Reuters reported Tuesday. Netia shares jumped by as much as 4.5% on the news, reaching levels unseen since 2001. Reuters reported […]

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