M&A Deal Summary

Eurovia Acquires AS TREV-2 Grupp

On May 25, 2018, Eurovia acquired construction company AS TREV-2 Grupp from BaltCap and Eastnine

Acquisition Highlights
  • This is Eurovia’s 2nd transaction in the Construction sector.
  • This is Eurovia’s 1st transaction in Estonia.

M&A Deal Summary

Date 2018-05-25
Target AS TREV-2 Grupp
Sector Construction
Buyer(s) Eurovia
Sellers(s) BaltCap
Eastnine
Deal Type Add-on Acquisition

Target

AS TREV-2 Grupp

Tallinn, Estonia
AS TREV-2 Grupp is a construction company focused on the construction and maintenance of facilities. AS TREV-2 Grupp was established in 1961 and is based in Tallinn, Estonia.

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Buyer(S) 1

Buyer

Eurovia

Paris, France

Category Company
Founded 1988
Sector Construction
DESCRIPTION

Eurovia (SA) is a transport infrastructure construction and urban development.


DEAL STATS #
Overall 3 of 4
Sector (Construction) 2 of 3
Type (Add-on Acquisition) 3 of 3
Country (Estonia) 1 of 1
Year (2018) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-01-11 NAPC

Chennai, India

NAPC Ltd. is a provider of civil engineering and construction services.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-08-20 Lane Industries - Lane Asphalt Plants & Paving

Cheshire, Connecticut, United States

Lane Industries,, Inc. - Lane Asphalt Plants & Paving is a provider of civil construction services in Cheshire, Connecticut.

Buy $600M

Seller(S) 2

SELLER

BaltCap

Vilnius, Lithuania

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1995
PE ASSETS 400M EUR
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

BaltCap is a private equity and venture capital group focused on investing in the Baltic States of Latvia, Estonia, and Lithuania. The Firm looks to fund buyouts, buy-ins, and growth capital needs. BaltCap is a generalist investor and will consider opportunities in a wide range of sectors. The Firm will consider both the majority and minority positions. BaltCap was formed in 1995 and has offices in Tallinn, Riga, Vilnius, Helsinki, Stockholm, and Warsaw.


DEAL STATS #
Overall 25 of 42
Sector (Construction) 2 of 2
Type (Add-on Acquisition) 8 of 19
Country (Estonia) 10 of 14
Year (2018) 3 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-05-16 SIA Runway

Riga, Latvia

SIA Runway is a BPO service company, providing various outsourcing services that are individually designed for each client's specific needs and requirements. SIA Runway was established in 2003 and is based in Riga, Latvia.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-10-03 Coffee Inn

Vilnius, Lithuania

Coffee Inn was established in Vilnius in 2007 by the group of Lithuanian entrepreneurs. Today, the company operates 28 branded coffee shops. Coffee Inn shops are located in Vilnius, Kaunas, Klaipeda, Palanga, Siauliai and Riga, Latvia.

Sell -
SELLER

Eastnine

Investor Investor


Category Private Equity Real Estate
Founded 2007
PE ASSETS 232M EUR
Size Middle-Market
Type Sector Focused
DESCRIPTION

Eastnine AB is a publicly-traded investment firm focused on commercial real estate investment opportunities in the Baltic region of Europe. The Group looks to generate predictable cash flows by being a long-term owner of attractive commercial properties in prime locations. Eastnine AB was established in 2007 and is headquartered in Stockholm, Sweden.


DEAL STATS #
Overall 2 of 2
Sector (Construction) 1 of 1
Type (Add-on Acquisition) 1 of 1
Country (Estonia) 2 of 2
Year (2018) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-03-14 Starman

Tallinn, Estonia

Starman is a cable TV operator, that provides several bundled service packages offering "triple play" service: video programs, broadband internet connection, and voice telephony. It is also involved in the provision of terrestrial digital video services. Starman was founded in 1992 and is based in Tallinn, Estonia.

Sell €81M