Gett, of MCI.TechVentures portfolio, becomes operationally profitable thanks to strong growth across all divisions
Gett's press release: We are happy to announce that Gett became operationally profitable in December 2019, with a positive consolidated all-countries EBITDA of $0.3 million (excluding fixed central and RnD costs). More ›
MCI Capital TFI S.A. (MCI, TFI, Company) informed that MCI Venture Projects VI – from the portfolio of the MCI.EuroVentures Subfund (the Fund) – managed by TFI, will prepay before the maturity date the bonds with a value of CZK 699 million (over PLN 118 million), whose original redemption date was April 2021.
MCI Group, a leading Central European private equity firm with headquarters in Warsaw (Poland), announced today that their Fund MCI.EuroVentures is selling a portion of its shares in Netrisk, the leading online insurance brokerage in Hungary, to global growth private equity firm TA Associates for EUR 55 million (PLN 235 million). As a result of the partial exit, MCI.EuroVentures (buyout fund of MCI Group) has realized a return on investment of 3.0x CoC and 73% IRR. More ›