M&A Deal Summary

CEE Equity Partners Acquires Energy 21

On January 22, 2016, private equity firm CEE Equity Partners acquired renewable energy company Energy 21 from Mid Europa Partners

Acquisition Highlights
  • This is CEE Equity Partners’ 1st transaction in the Renewable Energy sector.
  • This is CEE Equity Partners’ 1st transaction in Czech Republic.
Investment Fate
  • Energy 21 was sold to a strategic buyer in 2021.

M&A Deal Summary

Date 2016-01-22
Target Energy 21
Sector Renewable Energy
Buyer(s) CEE Equity Partners
Sellers(s) Mid Europa Partners
Deal Type Secondary Buyout

Target

Energy 21

Prague, Czech Republic
website
Energy 21 develop, acquire, construct, and operate renewable power plants. Energy 21 believe that their integrated approach can deliver and ensure a safe, reliable, and sustainable supply of green electricity to customers. Energy 21 was founded in 2007 and is based in Prague, Czech Republic.

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Buyer(S) 1

Buyer
DESCRIPTION

CEE Equity Partners is a private investment firm focused on investing in a variety of investments in Central and Eastern Europe. Sectors of interest include renewable energy, energy efficiency, healthcare, manufacturing, infrastructure, and transportation. CEE Equity Partners was formed in 2013 and is based in Nicosia, Cyprus.


DEAL STATS #
Overall 3 of 10
Sector (Renewable Energy) 1 of 1
Type (Secondary Buyout) 1 of 3
Country (Czech Republic) 1 of 1
Year (2016) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-07-31 Bioton

Ozarow Mazowiecki, Poland

Bioton is a dynamic and developing Polish company in the biotechnology sector, manufacturing clinically important modern drugs, including recombinant human insulin and its pharmaceutical forms, as well as preparations from the cephalosporine, aminoglycoside and macrolide groups. Bioton is based in Ozarow Mazowiecki, Poland.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-01-16 Invitel

Budaörs, Hungary

Invitel is an alternative telecommunication service provider, Invitel offers a wide range of info-communication solutions in the whole territory of the country. Invitel was founded in 1992 and is based in Budaors, Hungary.

Buy -

Seller(S) 1

SELLER

Mid Europa Partners

London, United Kingdom

Investor Investor Investor Investor Investor

website


Category Private Equity Firm
Founded 1999
PE ASSETS 5.3B EUR
Size Mega
Type Sector Agnostic
DESCRIPTION

Mid Europa Partners is a private equity firm focused on investing in Central and Eastern Europe. Mid Europa prefers control based investments in market leading companies operating in industries with high barriers to entry. Sectors of interest include telecom, media, utilities, transportation, natural resources, industrial, healthcare, building materials, manufacturing, and agriculture. The Firm looks to commit €75 to €200 million of equity capital per transaction in businesses valued up to €500 million. Prospective transaction types include buyouts, take-privates, divestitures, turnarounds, and large scale expansions. Mid Europa Partners is the successor entity to EMP Europe Ltd, which was formed in 1999. Mid Europa has offices in Budapest, Warsaw, and London.


DEAL STATS #
Overall 16 of 25
Sector (Renewable Energy) 1 of 1
Type (Secondary Buyout) 5 of 7
Country (Czech Republic) 4 of 5
Year (2016) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-12-24 Bite Group

Amsterdam, Netherlands

Bite Group is a provider of mobile telecommunication and mobile Internet services to residential and business customers primarily in Lithuania and Latvia. Bite Group is based in Amsterdam, Netherlands.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-10-14 Allegro

Poznan, Poland

Allegro is an online marketplace in Poland that connects consumers with merchants. With more than 20 million users per month, 13 million active buyers and 125,000 merchants – Allegro is Poland’s #1 internet brand and one of the largest e-commerce destinations across Europe, offering consumers a vibrant and expansive shopping experience, and merchants excellent commercial opportunities. The group also operates Ceneo.pl - Poland’s leading online price comparison website, and eBilet – the leading event ticket sales site in Poland.Allegro was founded in 1999 and is based in Poznan, Poland.

Buy $3.3B