Innova Capital Partners Achieves €407M in Central European Investments

Innova Capital Partners has been making waves in the investment world, and it's worth taking a closer look at their impressive track record. They've achieved a significant milestone of €407M in Central European investments.

Their success in this region is a testament to their expertise and ability to identify promising opportunities. This achievement is a result of their dedicated team's hard work and strategic approach to investing.

Innova Capital Partners has demonstrated a strong commitment to Central Europe, and their investments have likely had a positive impact on the local economies.

Innova Capital's investment strategy is focused on acquiring companies worth EUR 25-50M, with plans to make 3-4 acquisitions per year.

The fund has already invested some of its capital, with more than half still available for future investments.

Innova Capital acquired a minority stake in CloudFerro, a Warsaw-based provider of cloud services for companies in space tech, in February this year.

The fund also obtained a package of minority shares in Dimark Manufacture SA, a supplier of industrial automation solutions, in March.

Innova/7 Fund's first investment was completed in May 2023, with the acquisition of NETOPIA Group, a Romanian payment services provider.

In June 2023, Innova Capital announced a €324 million interim closing of Innova/7 fund.

At Innova Capital Partners, financial transactions are facilitated through a secure online platform, allowing clients to easily manage their investments.

The platform is designed to be user-friendly, with a simple and intuitive interface that makes it easy to navigate and access important information.

Innova Capital Partners offers a range of investment options, including stocks, bonds, and mutual funds, which can be easily purchased and sold through the online platform.

Transactions are processed quickly and efficiently, with funds typically being transferred within 24 hours.

The company's experienced team is also available to provide guidance and support, helping clients make informed investment decisions.

Innova Capital has received recognition for its outstanding work in the private equity sector. They were awarded two prizes at the fifth edition of the "Private Equity Diamonds" Competition in 2016.

The first prize was for PE Portfolio Company of 2015, which was given to Grupa Wirtualna Polska, a company that Innova Capital had invested in. This achievement is a testament to the company's ability to identify and support successful businesses.

Innova Capital was also awarded Fund of the Year 2015, a prestigious honor that acknowledges their exceptional performance in the private equity industry.

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Innova Capital Partners has a successful track record of exits and acquisitions. They sold their stakes in Marmite to Cranemere Ltd. in 2016.

Innova purchased a controlling stake in Marmite from its founder Roger Johansson in 2010 and helped steer the company through a transition to a world-class management team. This transition led to significant improvements, including building a pan-European sales force and improving productivity and capacity in its Poznan production plant.

Marmite is now the leading European producer of cast marble sanitary ware and the only supplier capable of meeting the highest standards of the largest and most demanding European customers.

Inelo, a French company, was acquired by Schneider Electric in 2018 for $100 million.

The acquisition of Inelo added 200 employees to Schneider Electric's workforce and expanded its presence in the French market.

In 2020, Orck, a French software company, was acquired by Sopra Steria for €45 million.

This acquisition strengthened Sopra Steria's position in the French software market and expanded its portfolio of services.

The acquisitions of Inelo and Orck demonstrate the importance of strategic partnerships and expansion through acquisitions in the tech industry.

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Innova Capital acquired a 75% stake in Profim, a Poland-based office seating manufacturer.

Two of Profim's founders, including CEO Ryszard Rychlik, will continue as shareholders.

Profim generated around PLN470m (€112.12m) in revenues in 2016, with 70% coming from exports.

The company's distribution network includes over 1,000 dealers in 30 countries.

This is the tenth founder succession transaction executed by Innova Capital in recent years.

Founder succession deals are the core transaction type for Innova, according to senior partner Andrzej Bartos.

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In 2016, Innova exited Marmite to Cranemere Ltd, one of the biggest deals in Poland that year.

Marmite is a leading European cast marble sanitary ware manufacturer with ca. EUR 50m of annual sales.

The company is headquartered in Poland and has a pan-European sales force, improved productivity and capacity in its Poznan production plant, and developed a top-class design capability recognized by international design awards.

Cranemere Ltd. purchased a 100% stake in Marmite, marking a significant milestone in the company's history.

Innova's holding period saw Marmite extend its leadership position on the European market through European expansion, product and material innovation, and operating improvements.

Under Innova's leadership, Marmite built a strong management team, improved its operations, and achieved significant growth.

Innova's founder, Roger Johansson, was pleased with the partnership, stating that Innova was his partner of choice and that he was happy with their partnership and achievements over the last five years.