Axxess Capital

Axxess Capital is a private equity firm established in 1995 and headquartered in Bucharest, Romania. The firm specializes in investing in lower mid-market companies, primarily targeting sectors such as paints and coatings, banking, financial services, and retail, particularly within Romania and Bulgaria. With over 15 years of investment experience in the region and more than €250 million in equity invested, Axxess Capital operates funds that focus on investments ranging from €5 million to €15 million, typically over a term of three to seven years. The firm boasts the largest team in Southeast Europe, comprising over 15 professionals, including investment experts, finance specialists, and legal advisers, which allows it to leverage a blend of local knowledge and international insights.

John Klipper

Senior Partner

Horia Manda

Managing Partner

Valentin Tabus

Partner

12 past transactions

Elefant.ro

Venture Round in 2016
Elefant.ro is a Romanian online retailer that provides products for children and adults, for home and garden. The company offers more than 100,000 items: books, eBooks, toys, movies, music, eReadere, tablets, clothing products, footwear, accessories, cosmetics and products for children.

Star Storage

Acquisition in 2014
Star Storage is a Romanian company that specializes in providing comprehensive storage, archiving, and information management solutions for both private and public organizations. The firm offers a wide range of services, including centralized storage options such as SAN and NAS, data archiving, backup and restore solutions, and disaster recovery services. In addition to these infrastructure solutions, Star Storage also focuses on server and desktop virtualization, IT infrastructure security, and networking. The company further supports its clients through consulting and content migration services, document outsourcing, IT managed services, and business process outsourcing, ensuring that organizations have the necessary IT support to maintain their operations and achieve success.

Patria Bank

Acquisition in 2014
Patria Bank SA is a financial institution based in Bucharest, Romania, that offers a comprehensive range of banking services to small and medium-sized enterprises, microenterprises, individual entrepreneurs, agribusinesses, and retail clients. The bank provides various financial products, including current and deposit accounts, working capital and investment loans, credit lines, and foreign exchange services. Additionally, it facilitates domestic and international payments, documentary transactions, and the issuance of letters of credit and guarantees. Patria Bank is also involved in rural lending, microfinance, and consumer credit, while offering online and mobile banking services to enhance customer accessibility. As of late 2019, the bank operated a network of 46 branches, 31 ATMs, and numerous POS terminals throughout Romania. Founded in 1993 and formerly known as Nextebank SA, the institution rebranded to Patria Bank in 2016.

Deutek

Acquisition in 2013
Deutek S.A. is a Romanian manufacturer of decorative paints, established in 1993 and headquartered in Bucharest. The company produces a diverse range of products including interior and exterior washable paints, decorative plasters, varnishes, lacquers for wood, enamels for both wood and metal, and various primers and pigments. Deutek markets its products under well-known brands, such as Oskar and Danke, and provides tools and accessories related to painting. Its distribution network includes hardware and construction materials stores across Romania. Originally a subsidiary of Meffert AG Farbwerke, Deutek S.A. rebranded from Dufa Deutek SA in 2008 and currently operates as a subsidiary of PPG Industries, Inc.

Frontex International

Acquisition in 2013
Frontex International is a prominent Bulgarian enterprise specializing in debt collection and management. Established with a proven track record, it caters to diverse business sectors by offering comprehensive solutions tailored to enhance clients' cash positions while mitigating credit risks at competitive costs.

Noriel

Private Equity Round in 2010
Noriel is a multi-channel retailer based in Romania, specializing in toys and children's products. The company offers a diverse selection of items, including toys, children's fashion, and baby care products such as strollers, car seats, and diapers. By providing a comprehensive range of choices, Noriel serves as a one-stop shop for parents seeking quality products for their children.

Industrial Access

Acquisition in 2007
Industrial Access SA Romania is the largest independent powered access rental company in the Balkans area, having only 12 years history of strong organic growth, from a small entrepreneurial company to the most developed powered access rental network depot in Romania (we also have two 100% owned subsidiaries in Bulgaria and Moldova). Established in 2005 Industrial Access provides, reliable, rental solutions across Romania, Bulgaria and Moldova offering coverage trough an extensive network of branches.

Patria Credit

Acquisition in 2007
Patria Credit is the largest non-banking microfinance institution in Romania, headquartered in Bucharest. With over 14 years of experience, the company specializes in providing business loans to microenterprises, small companies, individual entrepreneurs, agricultural producers, and individuals. Patria Credit aims to enhance financial accessibility for customer segments that often face challenges in obtaining financial services due to risk-profile issues or geographic limitations. By offering tailored microfinance solutions, Patria Credit supports the growth and development of local businesses and contributes to the overall economic landscape in Romania.

Domenia Credit

Acquisition in 2003
Domenia Credit SA, is a mortgage lending company, provides access to home acquisition, land acquisition, and home improvement and construction loans in Romania.

Ralfi

Acquisition in 2003
Ralfi is provides consumer finance services.

Motoractive IFN

Acquisition in 2002
Motoractive IFN is leases new and second hand cars, commercial vehicles, and equipment. It also sells and leases-back equipment and buildings as an alternative source of cash for business customers; and provides management services to vehicle fleet.

Banca Romaneasca

Acquisition in 1999
Banca Romaneasca S.A. is a universal commercial bank established in 1992 and headquartered in Bucharest, Romania. It offers a wide range of retail and corporate banking services, including payment solutions, savings accounts, loans, and money transfers for individual customers. For corporate clients, the bank provides services such as cash management, trade finance, syndicated loans, and factoring. Banca Romaneasca has built a significant presence in the Romanian banking sector, operating 109 territorial units and 5 business centers across the country. The bank was the first in Romania to become an international agent for Western Union Financial Services, pioneering electronic money transfer services. Over the years, it has undergone various ownership changes, with the National Bank of Greece acquiring a majority stake in 2003, which bolstered its market position and strategic development. Banca Romaneasca continuously enhances its service offerings and distribution channels while maintaining a prudent approach to risk management.
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