Expansion Capital

Expansion Capital is a Latvia-based investment firm focused on financing and investing in promising Latvian companies across various sectors, including wood products, information technology, metals, minerals, healthcare, manufacturing, and more. Established in 2013, the firm manages funds with investments ranging from EUR 0.15 million to EUR 2.73 million.

Zigmars Reklaitis

Chairman of the Board, Partner

Past deals in Latvia

TC Motors

Venture Round in 2016
TC Motors is a prominent automotive dealership located in Riga, Latvia, specializing in the sale of new and used vehicles from a variety of brands, including Chrysler, Jeep, Dodge, RAM Truck, Lancia, and Subaru. The company operates from a distinctive showroom on Krasta Street, which is designed to ensure easy accessibility and a welcoming atmosphere for customers. In addition to vehicle sales, TC Motors provides a range of services, including body repair and auto spa treatments, reflecting its commitment to delivering high-quality customer service and expertise in the automotive industry. With a dedicated team passionate about cars, TC Motors aims to enhance the overall customer experience in the automotive market.

Viduskurzemes AAO

Venture Round in 2015
SIA Viduskurzemes AAO is a waste management and recycling company based in Brocēnu, Latvia, established in 2009. The company offers a range of services, including bulky waste collection, construction debris collection, and the recycling of waste materials into fuels. Viduskurzemes AAO is committed to providing high-quality waste management solutions while maintaining competitive pricing. The company's operations focus on minimizing environmental impact, enabling clients to effectively recycle waste and reduce pollution associated with production processes.

BaltBrand

Venture Round in 2015
BaltBrand Ltd is a company based in Salaspils, Latvia, specializing in the design, manufacture, and assembly of timber drying kilns. Founded in 2013, BaltBrand offers a comprehensive range of solutions for wood drying plants, including boilers and equipment tailored to meet European Union standards. The company serves various markets, including Latvia, Russia, the Czech Republic, Austria, and Poland. Its services encompass everything from the production of individual components to full turnkey solutions, which include advisory services, equipment selection, installation, and ongoing maintenance during both warranty and post-warranty periods. Additionally, BaltBrand provides drying services for hardwood, coniferous wood, lumber, and firewood.

GMT Beauty Trade

Venture Round in 2015
GMT Beauty Trade Ltd. is a manufacturer and distributor of cosmetic products located in Riga, Latvia. With a team of professionals boasting over 20 years of experience in beauty care and aesthetic medicine, the company focuses on creating a range of skin and body care items. Their product line includes skin creams, face and body wash gels, body oils, and shampoos, designed for both home and professional use. By leveraging recent studies and advancements in cosmetology, biochemistry, and aesthetics, GMT Beauty Trade Ltd. aims to develop effective solutions that cater to the needs of its clients.

Baltic Floating Structures

Debt Financing in 2015
Baltic Floating Structures is a company based in Riga, Latvia, specializing in the development of innovative technical and architectural solutions for floating structures. The firm utilizes unique technology to construct heavy-duty reinforced concrete pontoons and a variety of floating buildings, including residential, commercial, and industrial structures. Additionally, Baltic Floating Structures provides specialized floating refueling complexes designed for water, land, and air transport, as well as multifunctional workboats suitable for various operations on water. The company focuses on advancing the design and functionality of floating infrastructures without relying on traditional hydro-technical works.

Packaged Ice, SIA

Seed Round in 2015
Packaged Ice, SIA offer temperature-controlled transport services in the entire territory of Latvia.

SFM Latvia

Seed Round in 2014
SFM Latvia is a steel fabrication company located in Jelgava, Latvia. It specializes in a variety of services, including welding, assembling, shotblasting, and painting of steel structures. The company produces a diverse range of products, such as equipment, mining machinery components, platforms, lifts, containers, tanks, and industrial mixers. SFM Latvia is committed to delivering high-quality services and products to its clients at competitive prices, catering to the needs of various industries.

Angel Glass Design

Venture Round in 2014
Angel Glass Design is a designer and manufacturer of functional glassware located in Riga, Latvia. The company specializes in creating a diverse array of glass tableware and decorative items, including bowls, vases, and art objects. With a commitment to quality, Angel Glass Design delivers products that are characterized by their distinct shine and style. Its offerings cater to customers across Europe, the United States, Latin America, and Asia, reflecting the brand's international reach and appeal.

SIA RŪĶIS

Seed Round in 2014
SIA RŪĶIS is a manufacturing company that specializes in PVC (polyvinyl chloride) products, and metal frame construction. Established in 1991, SIA RŪĶIS now is one of the leading marquee, larger tent, hangar, truck cover and PVC gate manufacturer and installer in Latvia.
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.