Bancroft Private Equity

Bancroft Private Equity, established in 1989, is a Vienna-based firm specializing in mid-market and debt investments across various sectors, including financial services, consumer goods, industrial, transportation, and technology. The company focuses on the Middle East, Central, and South-Eastern Europe, providing mergers and acquisition advice and making private equity investments in these regions. Since the early 1990s, Bancroft has launched several funds, expanding its geographical coverage to include Turkey and targeting the same regions in subsequent funds.

Levent Aydinoglu

Partner

Hana Chrastecka

Principal

Krisztina Havas

Partner

Monika Lukacs

Director and Partner

Marek Mlynar

Principal

6 past transactions

Tatil Sepeti

Series A in 2013
Tatil Sepeti is an online tourism portal based in Istanbul, Turkey, specializing in e-commerce travel services. The platform allows users to book a wide range of travel-related services, including hotels, accommodations, domestic and international tours, car rentals, and flight tickets. By providing a variety of holiday options and detailed information, Tatil Sepeti aims to facilitate a seamless travel planning experience for its customers, ensuring they have access to the best choices and payment options for their vacation needs.

CityEX

Acquisition in 2011
CityEX is a privately held company that provides value-added postal services provider.

Dumagas Transport

Acquisition in 2010
Dumagas Transport S.A. is a Romanian company established in 1996, specializing in transportation, warehousing, and logistics services. It provides road transportation for general cargo and temperature-controlled goods, utilizing tracking systems for real-time communication with drivers, ensuring clients are informed about their shipments. In addition to logistics, the company offers services related to the sale and maintenance of trucks, semi-trailers, and construction machinery. Dumagas Transport also engages in insurance brokerage and the bottling and delivery of liquefied petroleum gas (LPG), as well as distributing gas cylinders. Headquartered in Podari, Romania, the company is committed to delivering efficient and reliable services across its diverse operations.

Kayalar Kimya

Acquisition in 2010
Kayalar Kimya A.S. is a manufacturer based in Istanbul, Turkey, specializing in furniture varnishes and paints. Established in 1976, the company offers a diverse range of products, including UV system varnishes, polyurethane and polyester sanding sealers, and cellulosic coatings. Its product line also features water-based solutions such as parquet varnishes, primers, and paints for various surfaces, alongside decorative products and wood colorants. Additionally, Kayalar Kimya produces auxiliary items like putties, silicones, polyurethane foams, and various types of sandpapers and thinners. The company utilizes advanced technology and automation in its manufacturing processes, ensuring a reliable production environment. Kayalar Kimya distributes its products through a dealer network in Turkey and exports to regions including the Russian Republic, the Turkic Republics, the Middle East, North Africa, and Eastern Europe.

Starman

Acquisition in 2007
Starman, founded in 1992 and headquartered in Tallinn, Estonia, is the leading provider of pay-TV and internet services in the country. The company offers a comprehensive range of services, including cable television, pay digital terrestrial television, broadband internet, mobile internet, and fixed-line telephony. Starman is recognized for its high-speed broadband internet services, which are the fastest available in Estonia. The company serves customers across all major cities, ensuring access to quality entertainment and communication solutions.
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