NEWS

Innova Capital has successfully acquired minority stakes in CloudFerro, a leading provider of cloud services to the European space sector, marking another transaction under its seventh fund. Innova aims to support the company in bolstering its organizational structure, as well as leveraging prior experience in international expansion and future acquisitions. Thanks to this deal, the fund is expanding its presence in the European high-tech sector.

In January this year, Damian Zapłata joined the Supervisory Board of R-GOL, a leading distributor of specialized equipment for football enthusiasts, professionals, and clubs in Central and Eastern Europe. With extensive experience in the areas of e-commerce, digital marketing and data analysis, Damian will support the company in further expansion on the European e-commerce market and implementation of technological innovations.

Bogdan and Elżbieta Kaczmarek together with Innova Capital, through an investment vehicle Breticontic Investments, have agreed to acquire 100% of Pfleiderer Polska in a corporate carve-out transaction from Pfleiderer Group owned by funds managed by affiliates of Strategic Value Partners. The transaction is expected to close in the first half of 2024, subject to receipt of required regulatory approvals as well as other customary closing conditions.

EMI Group, a leading European provider of industrial access solutions, is partnering with KADRA, Romania's foremost supplier of integrated solutions for automation and access management. This strategic partnership positions KADRA, with its 30 years of experience and innovation, alongside EMI Group, creating a market-leading force in access automation solutions.

Bielenda Natural Cosmetics will acquire a 100% stake in the Polish cosmetics manufacturer Torf Corporation, the owner of the Tołpa and ON brands. The transaction is being executed with the support of Bielenda's main investor, Innova Capital. The majority stake in Torf is being sold by Resource Partners.

Innova Capital joins Jerome France, the Founder of EMI Group and Morphosis Capital, a Romanian PE Fund, in their vision to create a leading independent European installation and maintenance provider in the industrial access solutions. On 30th June 2023 Innova acquired 51% stake in EMI Group via combination of partial buy-out and EUR 15 million capital increase. The new money will fund further add-on acquisitions aimed at solidifying the company's position on existing markets and entering new countries.