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Central & Eastern Europe (ACEE)

contacts


Current fund: ACEE IV
€1 billion regional buyout fund

Fund profile

A pioneer in Central and Eastern Europe with a portfolio of landmark investments, the ACEE programme focuses on buyouts and growth opportunities, mainly in Advent's core sectors. Its most recent fund, ACEE IV, closed in April 2008 at €1 billion and is one of the largest dedicated funds raised to date for the region.

Primary geographic focus

Bulgaria, Czech Republic, Hungary, Poland, Romania, Slovakia, Turkey, Ukraine and selected other countries.

Financials

Typical equity investment
€35 million – €100 million, but can invest larger sums on a selective basis through co-investment alongside Advent's GPE programme.

Specialist sectors

Core Advent sectors and industries expected to achieve superior growth rates, benefiting from a rapid increase in demand:

  • Business & Financial Services
  • Healthcare
  • Industrial (incl. Infrastructure and Manufacturing)
  • Retail, Consumer & Leisure
  • Technology, Media & Telecoms (incl. Entertainment)

Typical investment scenarios

International expansion
Later-stage investments, backing established, successful operations with strong projected growth, either in local or international markets. Businesses must also be able to demonstrate sound management, incorporating international business practices.

Funding

  • Development capital
    Funding targeted as driving either organic or acquisition-led growth
  • Buyouts
    Funding targeted at acquiring a business from its owner, whether buying a subsidiary of a larger company/group, delisting a company from a stock exchange, buying from a majority shareholder such as a founder/owner or backing a management team seeking to assume ownership of a business.

Joanna James

Managing Partner & Co-Head of Central Europe, UK

T: +44 (0)20 7333 0800
Office details

Chris Mruck

Managing Partner, Czech Republic

T: +420 234 749 750
Office details