BlackPeak Capital

BlackPeak Capital is a private equity and venture capital firm established in 2014 and headquartered in Sofia, Bulgaria, with additional offices in Bucharest, Ljubljana, and Vienna. The firm focuses on investing in high-growth small and medium-sized enterprises in Southeast Europe, particularly in Romania, Bulgaria, Slovenia, Croatia, and Serbia. BlackPeak Capital specializes in early and mid-venture investments, mezzanine financing, and hybrid capital, while specifically avoiding sectors such as gambling, logging, and financial institutions. The firm seeks opportunities in niche manufacturing, fast-moving consumer goods (FMCG), information technology, industrials, and healthcare, preferring export-oriented companies or those with unique technology. It typically invests between €4 million and €10 million in each transaction, taking significant minority or majority stakes. BlackPeak Capital also engages in co-investments and raises follow-on equity and debt, with exit strategies that include trade sales or initial public offerings. The firm is supported by the European Investment Fund through the JEREMIE initiative, which focuses on fostering the growth of small and medium enterprises in the region.

Ivailo Gospodinov

Managing Partner

Rossen Ivanov

Managing Partner

Angel Stefanov

Investment Manager

Past deals in Bulgaria

ASTRAL Holidays

Private Equity Round in 2016
ASTRAL Holidays JSC, established in 1995 and headquartered in Sofia, Bulgaria, is a prominent tour operator and travel agent offering a wide range of tourist products and air services both domestically and internationally. The company specializes in charter flights, individual and group package tours, cruises, and additional excursions. Its services include air ticket reservations, online hotel bookings, car rentals, and transport services, as well as specialized travel management for corporate clients, including activities for conferences and events. ASTRAL Holidays has been the exclusive partner of Thomas Cook for the Bulgarian market since 2013, serving nearly 200,000 incoming tourists annually. Additionally, it collaborates with BCD Travel, a major player in the global travel industry, enhancing its offerings and reach.

GGE Bulgaria OOD

Private Equity Round in 2015
GGE Bulgaria OOD is a company focused on providing energy efficiency solutions in Bulgaria and the region. GGE Bulgaria OOD is the Bulgarian subsiduary of GGE d.o.o., a Slovenian company orignaly established by the Gorenje Group and Energetika Ljubljana. The Company is run by a team with significant experience throughout the region in implementing custom energy efficiency solutions for a diversified client base including hotels, industrials, hospitals, municipalities, shopping malls, and others. GGE’s unique proposition stems from its professional service and ability to invest in energy-efficiency assets on its own balance sheet. This provides clients with the ability to repay the initial capex investment over a 5-10 year period only with the savings from the reduced energy bills. The investment will enable GGE Bulgaria to establish a portfolio of ESCO contracts in the country.

Rigana

Private Equity Round in 2015
Rigana is a prominent producer and supplier of flavoring mixtures, spices, and other combination products for the Bulgarian meat processing industry. The company develops its products in an in-house laboratory, where a team of experienced professionals creates innovative recipes and experiments with new compositions and improved combinations of spices and additives. Rigana's extensive product line includes over 50 items across seven categories, catering to a diverse range of local and regional clients. By providing high-quality flavoring solutions, Rigana helps its customers operate more efficiently and stay aligned with the latest global trends in the food industry.
Spot something off? Help us improve by flagging any incorrect or outdated information. Just email us at support@teaserclub.com. Your feedback is most welcome.