Arhive etichete: INVL Private Equity Fund II

INVL Private Equity Fund II, IFC, ACP back POLMED’s expansion in cancer care

A consortium of the INVL Private Equity Fund II, one of the largest private equity funds in Central and Eastern Europe, the International Finance Corporation (IFC), and Accession Capital Partners (ACP) has completed an investment in POLMED, one of Poland’s largest healthcare groups. POLMED is using the proceeds to acquire the KN Group, an operator of oncology centers.

“As new strategic partners of POLMED, we are embarking on an ambitious expansion with them. The acquisition of the KN Group immediately strengthens the group’s expertise and market position in oncology. We aim to create Poland’s premier healthcare provider, one that is modern and accessible all across the country. For patients, this will translate into the highest quality of care and a broad spectrum of diagnostic services,” says Luke Staniczek, the Investments Lead in Poland at the INVL Private Equity Fund II.

“We believe that the expansion of POLMED will further strengthen its ability to provide the highest-quality services to its patients, whose health and well-being remain top priority for us,” adds Nerijus Drobavičius, a Partner at the INVL Private Equity Fund II.

Following the consortium’s investment, the majority stake in POLMED continues to be held by the group’s Founder and President, Radosław Szubert, together with Co-founder and Vice-President Romuald Magdoń, while the INVL PrivateEquityFund II, theIFC and ACP each hold significant minority stakes.

Founded in 1999, POLMED has grown into one of Poland’s largest private healthcare service groups, with revenue in 2024 exceeding EUR 100 million. The company provides outpatient care, diagnostic imaging, and inpatient and home rehabilitation services. With 38 facilities of its own, including 380 hospital beds and a team of approximately 2,000 employees, it also collaborates with more than 4,000 medical partners across Poland, serving more than 4 million patients annually and providing services to over 3,500 companies.

The KN Group operates three oncology centers in Radom and Warsaw: the Radom Oncology Center, the Gamma Knife Centre, and the Radom Family Center, with combined 2024 revenues of EUR 54.5 million. The group employs over 700 peopleand has approximately 150 beds, including 14 chemotherapy chairs. It is led by the internationally renowned neurosurgeon Prof. Mirosław Ząbek and Managing Director Dorota Ząbek, both of whom will continue in their roles within the company.

POLMED marks the second investment completed by the INVL Private Equity Fund II, which announced its final closing earlier this year at EUR 410 million, above the hardcap. The fund is in its active investment phase.It is targeting companies with enterprise values of EUR 30 million to EUR 200 million or more across Baltics, Poland, Romania and the broader EU.

About the INVL Private Equity Fund II

With EUR 410 million of commitments, this is the largest private equity fund in the Baltics and one of the largest in Central and Eastern Europe. The fund is sector-agnostic and is looking to build a diversified portfolio investing in companies with the potential to become regional leaders in their respective industries. Equity tickets range between EUR 10 million and EUR 60 million, though larger ticketsare possible with co-investors. The fund is seeking majority or significant minority stakes where it could drive long-term value creation. The focus is on businesses with strong potential to grow and compete amid intensifying global competition. Geographically, the fund is targeting opportunities in the Baltic countries, Poland, and the broader Europe Union.

The fund is managed by INVL Asset Management, the leading Baltic alternative asset manager, which is a part of the Invalda INVL Group with over 30 years of experience. The group’s companies more than EUR 2 billion in assets under management or supervision across various investment strategies, including private equity, forests and agricultural land, renewable energy, real estate, and private debt. Additionally, the group provides family office services in Lithuania, Latvia and Estonia, manages pension funds in Latvia, and invests in global third-party funds.

About IFC

IFC — a member of the World Bank Group — is the largest global development institution focused on the private sector in emerging markets. We work in more than 100 countries, using our capital, expertise, and influence to create markets and opportunities in developing countries. In fiscal year 2025, IFC committed a record $71.7 billion to private companies and financial institutions in developing countries, leveraging private sector solutions and mobilizing private capital to create a world free of poverty on a livable planet. For more information, visit www.ifc.org.

About the Accession Capital Partners (ACP)

Accession Capital Partners (ACP) is investing from its fifth fund, the AMC V SCA SICAV-RAIF, which closed at EUR 336 million in June 2024. ACP has been operating in Central Europe since the year 2000 through its offices in Vienna, Warsaw, Bucharest, Budapest and Prague. To date, the group has raised commitments of more than EUR 1.2 billion in five dedicated growth capital funds. The funds are backed by reputable institutional investors, including the European Investment Fund, the International Finance Corporation, the European Bank for Reconstruction and Development and a number of banks, family offices, funds of funds, pension funds and insurance companies from Europe, the US and Asia.

Important information

This is a marketing communication of an information nature, which is not and shall not be construed as an offer to purchase investment units of a collective investment undertaking, an investment recommendation, or investment research, as it is not designed to take into account the investment objectives, financial situation, or needs of any individual investor.

When investing, the investors assume the risk associated with the investment. The value of investments can both rise and fall, and investors may recover less than they invested. Past investment results do not guarantee the same results or profitability in the future. Past performance is not a reliable indicator of future performance. Before making a decision to invest, potential investors should, on their own or with the help of investment advisers, assess the suitability of the investment for them along with the taxes and fees related to the investment, consider all the risks related to the investment, and carefully read the rules, prospectus and other documents of the respective collective investment undertaking.

Units of the collective investment undertaking mentioned in this press release may only be distributed to informed investors as defined in the Law on Collective Investment Undertakings for Informed Investors of the Republic of Lithuania, as amended and supplemented from time to time, and may not be distributed or transferred to any other clients.

Managerul lituanian de private equity Invalda INVL a inchis noul sau fond regional la o capitalizare finala de 410 mil. Euro. Cumparatorul Pehart cauta sa preia pachete majoritare sau participatii minoritare semnificative pe pietele baltice, Polonia, Romania si alte piete apropiate cu tichete de capital intre 10 mil. Euro si 60 mil. Euro

Managerul de capital privat lituanian Invalda INVL a anuntat pe 15 octombrie 2025 ca noul sau fond regional INVL Private Equity Fund II a fost inchis la o capitalizare finala de 410 mil. Euro, ceea ce il face unul dintre cele mai mari fonduri de investitii din Europa Centrala si de Est, conform informatiilor disponibile pentru jurnalul de tranzactii MIRSANU.RO.

Fondul ridicat de catre managerul baltic depaseste cu putin fondul regional Innova/7 inchis in 2024 de catre managerul polonez de capital privat Innova Capital la o capitalizare finala de 407 mil. Euro. De asemenea, INVL Private Equity II depaseste semnificativ si un alt fond regional proaspat inchis, AMC V, care a strans o capitalizare finala de 336 mil. Euro sub coordonarea Accession Capital Partners.

A doua generatie de fonduri regionale INVL Private Equity Fund II este de circa 2,5 ori mai mare decat fondul sau regional precedent, a anuntat managerul de capital baltic.

„Cu viteza si concentrare inainte, ne uitam sa sustinem companii in special din tarile Baltice, Polonia, Romania si in spatiul mai larg al UE, care isi propun sa profite de oportunitatile de crestere. Dorim sa achizitionam participatii majoritare sau minoritare semnificative cu tichete de investitie intre 10 mil. Euro si 60 mil. Euro, cu un potential optim de investitie (sweet spot) in jurul a circa 35 mil. Euro”, a declarat Deimantė Korsakaitė, Managing Partner al INVL Private Equity Fund II si al INVL Baltic Sea Growth Fund.

Noul fond regional dispune de o baza diversa de investitori, care include investitori institutionali, precum si unii dintre cei mai de succes antreprenori si birouri de familie din statele baltice. Printre investitorii cei mai importanti in fond se afla European Investment Fund, fondurile de pensii administrate de catre SEB, Luminor, si Artea, precum si IPAS INVL Asset Management din Letonia, respectiv compania de asigurari de viata UAB Artea Life Insurance.

Investitorul baltic a finalizat pe 11 iulie 2025 achizitia grupului Pehart de la managerul regional de private equity Abris Capital Partners.

IFC a condus consortiul de finantatori format impreuna cu Banca Transilvania si ING Bank Romania, care a acordat un pachet de finantare sindicalizata de peste 150 mil. Euro, destinat atat platii partiale a pretului de achizitie de catre cumparator, cat si pentru a asigura resurse pentru dezvoltarea ulterioara a grupului Pehart, atat pe cale organica, cat si prin extinderea cu achizitii M&A.

Grupul Invalda INVL administreaza un portofoliu larg de fonduri de investitii, avand sub administrare active de peste 2 mld. Euro.

In total, investitorul lituanian sustine ca a investit aproape 500 mil. Euro – capital plus finantari angajate – pentru portofoliul sau din Romania, care cuprinde pe langa platforma Pehart, un portofoliu de proiecte de energie regenerabila de circa 357 MW si circa 2.000 hectare de padure, conform declaratiilor lui Vytautas Plunksnis, Partner & Head of Private Equity in cadrul INVL Asset Management, la MIRSANU SUSTAINABILITY CHALLENGE 2025, eveniment organizat pe 2 octombrie de catre jurnalul de tranzactii MIRSANU.RO.

Managerul baltic de fonduri de investitii Invalda INVL, cumparatorul platformei locale Pehart, a anuntat ca a strans de la investitori capital de 305 mil. Euro la prima inchidere a noului sau fond regional. INVL Private Equity Fund II: Nu avem un scop exact pentru a investi in Romania si cand alegem sa investim ne uitam in principal la compania – tinta, nu la tara

Managerul baltic de investitii Invalda INVL a anuntat pe 17 februarie 2025 ca a strans capital de la investitori de 305 mil. Euro la prima inchidere a noului sau fond regional, depasind déjà tinta fondului de 250 mil. Euro, conform informatiilor disponibile pentru jurnalul de tranzactii MIRSANU.RO.

Fondul de private equity INVL Private Equity Fund II a primit o sustinere puternica atat din partea investitorilor existenti, cat si din partea noilor investitori, din baza de investitori a noului fond – cel mai mare ridicat vreodata in tarile baltice, facand parte antreprenori din statele baltice, birouri de familie si investitori institutionali precum Fondul European de Investitii (EIF), fonduri de pensii administrate de catre managerul de asset management Luminor, SB Asset Management si IPAS INVL Asset Management din Letonia, precum si firma de asigurari de viata UAB SB Draudimas.

Strangerea de angajamente de capital de la investitori va continua pana va atinge nivelul vizat de hard cap al noului fond, care este de 400 mil. Euro.

Abris Capital Partners, unul dintre cei mai mari manageri de private equity din Europa Centrala si de Est, a anuntat pe 10 decembrie 2024 ca a semnat un acord pentru vanzarea grupului Pehart in cadrul unei tranzactii de tip secondary parafate cu INVL Baltic Sea Growth Fund,

Capitalul pentru finantarea achizitiei grupului Pehart va fi asigurat de catre INVL Baltic Sea Growth Fund si unii dintre investitorii sai existenti care co-investesc prin intermediul INVL Baltic Sea Growth Fund Co-Invest Fund II, a precizat cumparatorul Pehart, care asteapta incheierea tranzactiei in primul trimestru din 2025.

Investitia minima de capital in fondul INVL Private Equity Fund II a fost de 10 mil. Euro, insa investitorii pot investi in fond prin intermediul INVL Private Equity Capital Fund II cu un tichet minim de 125.000 Euro, ceea ce in mod subsecvent a atins o marime totala de 116 mil. Euro.

Pentru a-si alinia interesele cu investitorii in fondul INVL Private Equity Fund II, Invalda INVL si echipa de management a fondului au investit, de asemenea, 32,7 mil. Euro, reprezentand 11% din dimensiunea actuala a fondului.

“Aceasta mare strangere de fonduri reflecta increderea investitorilor in munca noastra, precum si o vedere pragmatic asupra perspectivelor si a potentialului din regiune. De asemenea, semnaleaza oportunitati pentru companiile si tarile din regiune care cauta investitii”, a declarat Darius Šulnis, CEO al Invalda INVL.

INVL Private Equity Fund II va investi capital in companii din Lituania, Letonia, Estonia, Polonia, Romania si, mai larg, in pietele Uniunii Europene.

„Noi nu avem un scop exact pentru a investi in Romania si cand alegem unde sa investim ne uitam in principal la compania – tinta, nu la tara. Ne-ar placea sa sprijinim companii cu potentialul de a deveni lideri in sectoarele lor competitive si care sa conduca la crearea de valoare, alaturi de oamenii talentati si determinati din spatele succesului lor”, a declarat pentru jurnalul de tranzactii MIRSANU.RO Vytautas Plunksnis, Partner al fondului de investitii INVL Private Equity Fund II.

Intrebat care este valoarea totala a tranzactiilor (pipeline) la care noul fond lucreaza in Romania acum, Vytautas Plunksnis a raspuns: „Avem tranzactii in stadii diferite si nu ar fi corect sa oferim cifre pentru ca in M&A (fuziuni si achizitii, n.r.) totul se schimba foarte repede”.

Noul fond de private equity administrat de catre Invalda INVL are ca strategie de investitii preluarea de participatii majoritare sau pachete minoritare semnificative de actiuni in companii din diferite sectoare.

Tinta managerului de fond este constructia unui portofoliu de 10 – 12 investitii prin tranzactii cu un tichet intre 10 mil. Euro si 40 mil. Euro per achizitie, fiind preferate insa tichetele de capital in jurul a 25 – 30 mil. Euro per tranzactie. Pentru tranzactii mai mari, fondul va merge alaturi de co-investitori.

Fondul precedent INVL Baltic Sea Growth Fund care a strans 165 mil. Euro de la investitori a incheiat anul 2024 cu o rata interna de rentabilitate (IRR) neta de 25%, iar valoarea totala a capitalului rambursat catre investitori a depasit de 2 ori nivelul capitalului investit, conform reprezentantilor Invalda INVL Group.

Vytautas Plunksnis, Head of Private Equity al INVL Asset Management, preciza in decembrie 2024 pentru jurnalul de tranzactii MIRSANU.RO ca investitorul financiar baltic cauta pe piata din Romania companii la o valoare de intreprindere de 30 – 150 mil. Euro, cu EBITDA de 5 – 20 mil. Euro.

Invalda INVL, care administreaza o gama mai larga de fonduri de investitii, este déjà un investitor activ pe piata din Romania, unde are investitii in sectoarele de energie regenerabila si forestier.

Fondul de investitii INVL Renewables Funds I dezvolta circa 350 MW de parcuri de energie solara si are in plan sa investeasca peste 220 mil. Euro. INVL Sustainable Forest and Farmland Fund II are circa 2.000 de hectare de paduri in Romania si intentioneaza sa isi majoreze investitiile in aceasta arie, conform informatiilor oferite de catre managerul baltic de active.

Capitalul proaspat strans de la investitori pentru fonduri de investitii cu focus pe regiune, inclusiv pe piata din Romania, a depasit 2 mld. Euro, daca luam in calcul exclusiv platformele de investitii care si-au anuntat lansarea, respectiv prima inchidere sau final closing (inchidere finala) in intervalul 1 ianuarie 2024 – 4 februarie 2025, potrivit datelor centralizate de catre jurnalul de tranzactii MIRSANU.RO pe baza anunturilor facute publice de catre marile institutii financiare internationale, respectiv managerii de fonduri.