BaltCap is an independent private equity firm established in 1995 and based in Tallinn, Estonia. It specializes in buyout and growth investments primarily in small to mid-sized unlisted companies across the Baltic States. With a strong local presence and a team of 16 professionals, BaltCap focuses on various sectors, including business and financial services, healthcare, technology, media, telecommunications, consumer products, renewable energy, and logistics. The firm has managed multiple private equity and venture capital funds, accumulating over EUR 260 million in total capital and completing more than 60 investments. BaltCap is a member of various regional private equity associations and has been a signatory of the United Nations Principles for Responsible Investment since 2008, underscoring its commitment to responsible investment practices.
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.
Krekenavos
Acquisition in 2020
Krekenavos Agrofirma is one of the agricultural companies in Lithuania with more than 20 years history in the business and one of the largest and most modern meat processing plants in the Baltic States.
Coffee Address
Acquisition in 2017
Coffee Address is a vending and coffee services company that is committed to the quality of life through a cup of coffee. The company takes care of the whole coffee journey, from beans to cup. The company meets the needs of the modern day coffee and office, these includes innovative payment methods, personal offers, premium brand, which consists of handmade coffee from around the world, and many more. The company believes that a cup of coffee is an important pleasure in life. Coffee Address was launched in 1993 and is headquartered in Vilnius, Lithuania.
UPRENT
Debt Financing in 2016
UPRENT is a pumping system rental provider which are accompanied with trench shoring systems and power generators. The company serves customers with effective products which enable to get the job done in the shortest time and with lowest energy costs. It guarantees a high level of customer satisfaction by maintaining a constant communication with customers, managing customer satisfaction measurement, identifying customer complaints and needs, and assuring appropriate service according to customer needs and requirements. UPRENT was founded on 2013 and is headquartered in Riga, Latvia.
Fitek Group
Acquisition in 2016
Fitek is a financial process automation solutions and services provider for enterprises and public sector. The company operates in Estonia, Latvia, Lithuania, and Slovakia. Fitek is founded in 1995. The company's services cover most of financial process, from purchase invoice management and document workflow to complex sales invoice solutions. Fitek lowers the costs of customers by optimizing and accelerating the financial processes. The company serves more than 1000 customers in Baltic states, Nordic, and Central European countries. The customers are leading banks and telecoms, public sector institutions, and companies from other industries. There are more than 130 qualified professionals working in Tallinn, Riga, Vilnius and Bratislava sites. Its solutions help customers to save up to 5 times of the resources dedicated to the financial processes.
BPT Real Estate
Acquisition in 2015
BPT Real Estate AS specializes in property and asset management services, catering to commercial real estate investors, owners, and tenants in the Baltic Sea region. Founded in 2001 and based in Tallinn, Estonia, with additional offices in Riga, Vilnius, Warsaw, and St. Petersburg, the company provides a comprehensive range of services throughout the real estate investment lifecycle. Its asset management services include business projections, lease negotiations, reporting, and operational representation to financial institutions. The property management segment focuses on tenant relations, facility management, and budget oversight. Additionally, BPT Real Estate offers support services such as financial administration, project management, and feasibility studies. With a strong emphasis on innovative strategies and industry expertise, the company aims to enhance the value of its clients' real estate investments through tailored solutions.
InMedica Klinika
Private Equity Round in 2012
InMedica klinika operates a network of primary care and specialized clinics in Lithuania, comprising 11 facilities and serving approximately 40,000 registered patients. The organization employs around 200 healthcare professionals, including doctors, to deliver a comprehensive range of medical services. These services encompass diagnostic assessments, outpatient treatments, surgical procedures, dentistry, and physiotherapy, as well as preventive medical examinations and vaccinations. By utilizing modern medical equipment and extensive laboratory testing, InMedica klinika aims to address various health issues and promote a healthy lifestyle among its patients.
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.
Ygle
Private Equity Round in 2011
Ygle, a Vilnius, Lithuania-based provider of building systems solutions. Led by Founder and Chairman Vytautas Šniukšta, the company provides design, installation and maintenance services for the office, retail, industrial and other special purpose buildings, which require complex HVAC and other engineering solutions.
UAB Kelprojektas
Acquisition in 2011
UAB Kelprojektas is a transport infrastructure engineering company based in Kaunas, Lithuania, established in 1956. The company specializes in the design and engineering of transport communications, including roads, streets, intersections, railways, bridges, and tunnels. Its services extend to the planning of public buildings, utility networks, and landscaping projects. Additionally, UAB Kelprojektas conducts geological exploration and provides geodesy and land-use planning services, which encompass topographical surveys and cadastral measurements. The company also engages in environmental impact assessments, feasibility studies, and technical supervision of projects. UAB Kelprojektas operates alongside its subsidiaries, which focus on territorial planning and technical supervision, thereby reinforcing its capabilities in the field of infrastructure development.
OfficeDay
Private Equity Round in 2004
Officeday is a leading provider of office supplies and services in the Baltic region, specifically in Lithuania, Latvia, and Estonia. The company offers a wide range of innovative and high-quality office products, furniture, and equipment, catering to the needs of businesses to support their growth. Officeday operates the largest office product retail chain in Lithuania, with 20 stores located in major cities and smaller towns. To reach its customers, the company employs various sales channels, including retail stores, telemarketing, mail, and e-commerce, ensuring a comprehensive approach to meet the diverse needs of its clientele.
Intrac Group
Acquisition in 2002
INTRAC is a supplier of tracked and wheeled machines, catering to the forestry, construction, material handling, and agriculture sectors in the Baltic States, specifically Estonia, Latvia, and Lithuania. The company offers a diverse range of equipment, including skidders, harvesters, construction machinery, motor graders, terminal tractors, rollers, and pavers. In addition to selling high-quality machinery, INTRAC provides spare parts and related services to enhance customer support. Its service network is supported by stationary workshops and mobile service vans, ensuring effective maintenance and assistance for clients across various industries, such as forestry, port operations, medium-sized industries, farming, quarries, and construction.
UAB ICECO
Acquisition in 2001
UAB ICECO produces and exports ice creams, frozen desserts, waffle cups or cones for ice cream, and fish products to customers in Lithuania and internationally. The company sells its products through AURUM, MIO, FRUIT, ESKIMO, and TIRPUKAS brands. It also owns and operates a network of stores that sells assortment of ice cream, frozen desserts, and frozen vegetables, as well as culinary products, including dumplings, stuffed potato dumplings, pizzas, and filo pastry to consumers in Lithuania.
A. Le Coq
Acquisition in 1998
A. Le Coq is the oldest and largest beverage manufacturer in Estonia, specializing in both alcoholic and non-alcoholic drinks. The company's diverse product portfolio encompasses eleven categories, with beers being the primary focus, followed by juices, waters, soft drinks, ciders, light alcoholic beverages, active juice drinks, sports and energy drinks, syrups, and kvass. A. Le Coq is committed to promoting a good drinking culture in Estonia by honoring traditional manufacturing practices while also innovating its offerings to provide consumers with new and healthier flavor combinations. The company holds a leading position in the Estonian drinks market for beer, juice, and long drinks, and is a strong contender in the production of water, soft drinks, and cider, also serving markets in Latvia and Lithuania.
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