Investment Summary

Penta Investments Invests In VÚB Kupón

On January 1, 1997, private equity firm Penta Investments invested in financial services company VÚB Kupón

Investment Highlights
  • This is Penta Investments’ 1st transaction in the Financial Services sector.
  • This is Penta Investments’ 1st transaction in Slovakia.
Investment Fate
  • VÚB Kupón went bankrupt in 1999.

Investment Summary

Date 1997-01-01
Target VÚB Kupón
Sector Financial Services
Investor(s) Penta Investments
Deal Type Stake Purchase

Target

VÚB Kupón

Bratislava, Slovakia
The VÚB Kupón fund was the largest privatisation fund in Slovakia. Penta purchased 17 % of VÚB Kupón shares and later also bought a 35% share owned by VÚB Banka. Penta merged the fund with Intefin Group for the purpose of transforming it to a normal investment company. It then sold off parts of the portfolio which had more than 100 types of stock initially. In the autumn of 1997, Interfin Group divested 55:45 to Istrofin and Intermark. Penta's participation in Istrofin was sold to a leading regional financial investor, Intermark was dissolved and the profit paid out to shareholders.

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Investor(S) 1

Investor

Penta Investments

Prague, Czech Republic

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1994
PE ASSETS 10.4B EUR
Size Mega
Type Sector Agnostic
DESCRIPTION

Penta Investments Ltd. is a private investment firm focused on private equity and real estate. firm specializing in buy-outs and start ups transactions. Penta seeks to invest across Central Europe including Slovakia, Poland, and Czechoslovakia. The Firm targets companies with an average enterprise value of €150 million. Areas of interest includes facility management, aerospace, banking, energy, engineering, entertainment, financing, food processing, healthcare, insurance, investment fund, manufacturing, metal, refinery, retail, telecommunications, textile industry, transportation, wholesale and utilities. Penta Investments Ltd. was formed in 1994 and is based in Prague.


DEAL STATS #
Overall 1 of 51
Sector: Financial Services M&A 1 of 4
Type: Stake Purchase M&A Deals 1 of 8
Country: Slovakia M&A 1 of 25
Year: 1997 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
1998-10-24 Chemolak a.s.

Smolenice, Slovakia

Chemolak a.s. is a manufacturer of paints, bitumen, glue, thinners and other related products.

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