Baltic Ticket Holdings AS
Acquisition in 2021
Baltic Ticket Holdings AS is a prominent ticket distribution company operating in Estonia, Latvia, Lithuania, and Belarus. Founded in 1997 in Tallinn, Estonia, the company initially launched its services under the trademark Piletilevi by selling tickets to high-profile events, including a Michael Jackson concert. Over the years, Baltic Ticket Holdings expanded its operations, establishing ticketing networks in Latvia in 2000 and Lithuania in 2008, followed by a launch in Belarus in 2010. The company manages a comprehensive ticketing system that includes an online platform and a physical network of 400 sales points, catering to a combined population of approximately 7 million people in the Baltics and Belarus. Its in-house online ticketing system, developed since 2001, supports a wide range of events, handling significant sales volumes for major occasions like concerts and festivals. Baltic Ticket Holdings AS has become a leading ticketing provider in the region, consistently adapting its services to incorporate the latest technological advancements.
Kool Latvija
Private Equity Round in 2018
SIA KOOL Latvija, founded in 2016 and based in Riga, Latvia, operates fuel retail stores that combine the functions of a gas station with a fast shopping experience. The company provides various fuel options, including specialized additives designed to enhance vehicle performance and reduce fuel consumption. In addition to fuel, KOOL Latvija offers a selection of snacks and discounted fast food items, catering to the convenience needs of its customers. The company also features customer loyalty programs, including customer cards and business-to-business cards, to enhance customer engagement and satisfaction.
Anaerobic Holding
Acquisition in 2017
Anaerobic Holding is a biogas plant company based in Latvia that specializes in producing electricity and heat from renewable energy sources. The company operates three biogas plants and manages two divisions focused on the supply of raw materials for biogas production. By generating electricity and providing excess heat to business consumers and municipalities, Anaerobic Holding contributes to reducing greenhouse gas emissions and promotes environmentally-friendly practices in the use of organic waste.
UPRENT
Debt Financing in 2016
UPRENT is a rental provider based in Riga, Latvia, specializing in pumps and pumping systems for various applications in Eastern Europe. Founded in 2013, the company offers a comprehensive range of services, including equipment rental, project planning, delivery, installation, and sales of various pumping equipment. Its inventory includes well point dewatering pumps, sewage pumps, drainage pumps, submersible pumps, and a variety of related equipment such as power generators, trench shoring systems, and hydraulic tools. UPRENT serves multiple industries, including construction, agriculture, mining, and emergency services, providing tailored pumping solutions for projects like sewage pumping, groundwater purification, and industrial reservoir cleaning. The company emphasizes customer satisfaction through effective communication and service adaptation to meet client needs. With branches in Latvia, Lithuania, Estonia, and Poland, UPRENT is committed to delivering efficient services that optimize operational effectiveness and reduce energy costs for its clients.
Fitek Group
Acquisition in 2016
Fitek Group is a financial process automation solutions provider based in Tallinn, Estonia, with operations in Latvia, Lithuania, and Slovakia. Established in 1995, the company specializes in optimizing and automating a wide range of financial processes, including purchase invoice management, document workflow, and complex sales invoice solutions. Fitek serves over 1,000 clients across the Baltic states, Nordic countries, and Central Europe, including leading banks, telecoms, public sector institutions, and various other industries. The company employs more than 130 qualified professionals dedicated to delivering efficient financial solutions that can significantly reduce resource allocation by up to five times. Through its innovative services, Fitek aims to enhance operational efficiency for its customers while lowering their costs.
BPT Real Estate
Acquisition in 2015
BPT Real Estate AS is a commercial property management company based in Tallinn, Estonia, with additional offices in Riga, Vilnius, Warsaw, and St. Petersburg. Since its founding in 2001, the company has specialized in providing comprehensive property and asset management services throughout the business life cycle. Its offerings include tenant relationship management, facility management, and the preparation of property budgets and business plans. Additionally, BPT Real Estate assists clients with project management, acquisitions, dispositions, and feasibility studies, while also providing operational financial administration and support for dealings with public authorities. The company serves a diverse clientele, including property owners, institutional investors, and portfolio owners across the Baltic Sea region, leveraging its extensive market knowledge and experience to enhance the value of real estate investments.
ClusterPoint
Seed Round in 2015
ClusterPoint Group Limited is a database vendor that specializes in developing database and cybersecurity solutions for enterprise and government clients globally. Founded in 2006 and headquartered in London, with a development center in Riga, Latvia, the company offers a range of products including the Clusterpoint Database Management System, which organizes data in self-contained documents for efficient retrieval, and a Database-as-a-Service solution that leverages its cloud infrastructure. Additionally, it provides the Clusterpoint Network Traffic Surveillance System for compliance-related data storage and the Clusterpoint Log Management System for log data collection and analytics. ClusterPoint's services cater to various sectors, including telecommunications, financial services, automotive, government, aviation, media, retail, energy, and healthcare. The company's technology is designed to process XML and JSON data across large clusters, enabling high availability, secure transactions, and real-time analytics.
Post Service SIA
Private Equity Round in 2013
Post Service SIA is the largest private postal operator in Latvia, specializing in the delivery of letters, direct mail, batches, and small packages. Based in Riga, the company employs over 400 individuals, including postal agents, drivers, and regional directors. It operates forty parcel delivery and shipment terminals and has developed its own technological solutions for postal services, positioning itself as a leader in automated last mile delivery. Additionally, Post Service SIA exports automated parcel terminals to meet the needs of other postal operators and courier companies, showcasing its commitment to innovation in the logistics sector.
Blue Bridge Technologies
Venture Round in 2013
Blue Bridge Technologies, established in 2007 in Latvia, specializes in developing and implementing IT solutions for business process modernization and service accessibility within the healthcare sector. The company's core product is a SaaS platform that connects healthcare payers, providers, and patients, offering tools such as practice management systems, real-time claims processing, and patient portals with telehealth services. This platform aims to streamline healthcare delivery, facilitate insurance reimbursement, and enhance patient care coordination.
SIA EKJU
Private Equity Round in 2012
SIA EKJU is a prominent manufacturer of garden furniture and interior elements, established in 1992 as a Latvian-German joint venture. The company operates from a modern facility near Cesis, Latvia, encompassing over 12,900 square meters, which includes production areas, storage pavilions, and a timber drying kiln. SIA EKJU specializes in a diverse range of products, such as round and combined garden tables, wooden benches, fences, ecological wooden constructions, and decorative items like sand and flower boxes. With a strong export focus, approximately 95% of its finished products are shipped to various international markets, including the United Kingdom, Denmark, France, Sweden, Norway, Ireland, and Spain.
ClusterPoint
Seed Round in 2012
ClusterPoint Group Limited is a database vendor that specializes in developing database and cybersecurity solutions for enterprise and government clients globally. Founded in 2006 and headquartered in London, with a development center in Riga, Latvia, the company offers a range of products including the Clusterpoint Database Management System, which organizes data in self-contained documents for efficient retrieval, and a Database-as-a-Service solution that leverages its cloud infrastructure. Additionally, it provides the Clusterpoint Network Traffic Surveillance System for compliance-related data storage and the Clusterpoint Log Management System for log data collection and analytics. ClusterPoint's services cater to various sectors, including telecommunications, financial services, automotive, government, aviation, media, retail, energy, and healthcare. The company's technology is designed to process XML and JSON data across large clusters, enabling high availability, secure transactions, and real-time analytics.
Coffee Inn
Private Equity Round in 2012
Coffee Inn is the leading gourmet coffee chain in Lithuania, Latvia and Estonia, successfully launched in 2007 by a group of enterpreneurs and professionals.
AGroup
Venture Round in 2011
AGroup, established in 2008 as a spin-off from the Latvian office of Robertson & Blums Corporation, has its roots in 1995 with the development of a payroll solution for the SunSystems suite. Initially focused on payroll processing, the company gained traction among clients in Eastern Europe, leading to the standalone branding of its product as HRB® in 1998. Over the years, AGroup expanded its offerings to include a comprehensive suite of human capital management tools, covering workforce management, time and attendance, and employee self-service functionalities. This evolution has positioned AGroup as a leader in payroll processing and HR solutions in Eastern Europe, serving over 550 clients across 22 countries and processing more than 250,000 payrolls. The company's HRB® platform is recognized for its multitenancy features, making it a preferred choice among independent payroll processors and large organizations, including prominent firms like ADP.
Zetcom SIA
Private Equity Round in 2005
ZetCOM provides telecommunication services to make and receive calls across Latvia and abroad. Its services include send and receive short messages, identify incoming calls, redirect calls to another phone number when necessary, and place incoming calls on hold. The company also provides access to Internet with GPRS data transfer and MMS sending. Its phone card offers roaming in Europe, Asia, Africa, Oceania, and America. The company was founded in 2002 and is based in R
Depo DIY
Acquisition in 2005
Depo DIY SIA is a prominent DIY retailer based in Latvia, established in 2004. The company operates nine retail stores located in key cities including Riga, Liepaja, Jekabpils, Daugavpils, Rezekne, and Valmiera. With a workforce of over 1,000 employees, Depo DIY specializes in offering a wide range of building materials and home and garden products to both retail and wholesale markets. Through its extensive store network, the company caters to the diverse needs of customers, establishing itself as a leading player in the Latvian DIY sector.
OfficeDay
Private Equity Round in 2004
OfficeDay is a prominent office supplies and service provider operating in the Baltic region, specifically Lithuania, Latvia, and Estonia. The company positions itself as a reliable partner for businesses, offering a comprehensive range of innovative and high-quality office products essential for fostering client growth. OfficeDay boasts the largest office product retail chain in Lithuania, with 20 locations in major and smaller cities, facilitating easy access for customers. In addition to its retail presence, the company employs various channels, including telemarketing, mail, and e-commerce, to reach clients effectively. With operations extending to 25 countries, OfficeDay is committed to delivering essential office solutions to support businesses in their endeavors.
SIA V.L.T
Private Equity Round in 2004
SIA V.L.T. is a Latvian company specializing in the production of egg packaging, specifically egg cartons and trays. Founded in 1992, it initially operated as a retailer of agricultural equipment before transitioning to egg packaging in 1998 after acquiring production equipment from Huhtamaki Oyj. The company further expanded its capabilities by acquiring additional machinery from Huhtamaki Oyj and Ecofeutre, establishing itself as the largest producer of egg cartons and trays in the Baltic states. SIA V.L.T. markets its products through retail chains in the Baltic countries and exports to Lithuania, Poland, Estonia, and the Russian Federation. The company's headquarters is located in Valmiera, Latvia.
Intrac Group
Acquisition in 2002
Intrac Group is a supplier of tracked and wheeled machines, specializing in equipment for the forestry, construction, material handling, and agriculture industries. The company provides a diverse range of machinery, including skidders, harvesters, construction equipment, motor graders, terminal tractors, rollers, and pavers. Intrac Group operates in the Baltic States, specifically Estonia, Latvia, and Lithuania, and serves various sectors such as forestry, port operations, medium-sized industries, farming, quarries, and construction. In addition to selling quality machinery, the company also offers spare parts and related services through a network of stationary workshops and mobile service vans, ensuring comprehensive support for its customers.
A. Le Coq
Acquisition in 1998
A. Le Coq is Estonia’s oldest and largest drinks manufacturer, headquartered in Tartu. It produces a wide range of alcoholic and non‑alcoholic beverages, including beer, cider, low‑alcohol drinks, juices, waters, soft drinks, sports and energy drinks, syrups, and kvass. The company holds the leading market share in beer, juice, and long drinks, and ranks second in water, soft drinks, and cider. It combines traditional production methods with innovative product development to offer consumers new, healthy flavor combinations while supporting Estonia’s drinking culture.