News

Publication of Central and Eastern European private equity activity report

The European Private Equity and Venture Capital Association has today published Central and Eastern European Statistics 2012, a special report into the region’s private equity activity.

For the third year in a row, the number of completed deals in Central and Eastern Europe (CEE) increased. 220 companies received private–equity backing in 2012, an increase of 13% from the previous year. This was driven by a higher number of companies receiving venture capital financing.

Total investment remained above the €1 billion level but dropped 19% in comparison to 2011.

Investment activity in the region represented 2.8% of the total 2012 investment value in Europe – the same as in 2011.

Exits of completed investments reached €1.1 billion, the second highest level ever recorded in the area, following last year’s record total.

In 2012, fundraising in CEE reached €673 million, a 28% decrease from 2011.

EVCA Secretary-General Dörte Höppner said: “The level of investment activity in CEE is encouraging, as indeed it is in the rest of Europe.

“European private equity has invested more than €270billion, for the long-term, into 22,000 European companies in the last five years and the EVCA will continue to promote Europe’s credentials as a first class investment destination through initiatives such as this report.”

Chairman of the EVCA CEE Taskforce Robert Manz said: “CEE deserves to be considered as a developed region with an emerging market upside.

“Many CEE countries have been part of the European Union for many years and carry a similarly low risk profile to the major European markets.

“CEE combines that stability with the growth fundamentals of an emerging market – and that’s a compelling combination for investors.”

Notes for Editors
The report was produced by the EVCA CEE Task Force and PEREP_Analytics statistics unit. The EVCA would like to thank Gide Loyrette Nouel Warsaw Office for their sponsorship.