31.03.2021
MCI.TechVentures and MCI.CreditVentures exit Pigu – the leading e-commerce platform in the Baltic countries. Total MCI exit value will amount to EUR 37 million.
MCI.TechVentures 1.0 („MCI.TV”) announced on March 30, 2021 signing of a conditional agreement to sell all of its shares in UAB Pigu („Pigu”), the largest e-commerce platform in the Baltic countries. The transaction shall be completed after satisfaction of customary conditions precedent, including antitrust approval, that is expected in Q2 2021. The purchaser is Mid Europa Partners. Proceeds of the transaction for MCI.TV will amount to c. EUR 37M, indicating EBITDA multiple exceeding 20x. More ›
12.01.2021
asgoodasnew partners with Verdane to accelerate re-commerce revolution in high-tech consumer electronics
Our „green” re-commerce investment from TechVentures portfolio - AsGoodAsNew - closed significant financing round led by Verdane, large growth equity investor. More ›
12.01.2021
MCI.PrivateVentures FIZ signed a fund financing agreement with Raiffeisen Bank International
MCI.PrivateVentures FIZ signed financing agreements with Raiffeisen Bank International (RBI) for a total value of EUR 41 million, of which EUR 29 million will go to the MCI.EuroVentures subfund (EUR 9.5 million for a term loan and EUR 19.5 million - revolving), and the remaining EUR 12 million will go to the MCI.TechVentures subfund. More ›