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ESTVCA elects Kristjan Kalda as a new Chairman

07 November 2017

Kristjan Kalda is partner at BaltCap. He also serves as the Chairman of the Supervisory Board of BaltCap portfolio companies TREV2 Group, Fitek and Magnetic MRO which was recently named Estonian Company of the Year and Estonian Exporter of the Year.

Investment activity of ESTVCA members surged 385% in 2016

In 2016 EstVCA members invested €74m compared to €19,2m in 2015. 385% growth in investments is driven by Baltic Innovation Fund. BIF funds have raised €325m with €132m coming from local pension funds. EstVCA member AUM is €636m. There are 93 active portfolio companies with total number of employees reaching 12 383 people and combined turnover is €1,3bn.

Startup Estonia and ESTVCA publish freely available Startup Model Documents

Documents are made freely available in the hope that they will help to educate the Estonian startup community, speed up foundation, team-building and early stage investment process, and lower the legal costs.

Livonia Partners to acquire Santa Monica Networks in Latvia and Lithuania together with management

Livonia Partners to acquire Santa Monica Networks in Latvia and Lithuania together with management

BaltCap announces new Partners

14 November 2016

BaltCap announces the promotion of four long term team members Kristjan Kalda, Oliver Kullman, Martins Jaunarajs and Kornelijus Celutka to Partner.

SmartCap announced an open call to fund managers for direct investments portfolio

Estonian Development Fund, SmartCap and European Investment Bank announced a call to find a private fund manager for the direct investment portfolio that includes 15 start-ups. The expression of interest must be submitted by October3rd. The results of the call will be disclosed by the end of the year.

The Baltic venture capital market will be united under a single flag

Baltic VCAs join forces and establish Pan-Baltic Private Equity & Venture Capital Association (Pan-Baltic VCA) with the aim to unify cooperation and market the region as a whole.

BaltCap-backed FCR Media Group expands to Belgium and ensures 9x revenue growth for the BaltCap investment

BaltCap portfolio company FCR Media Belgium takes control in the largest digital media agency in Belgium with its 300 employees, including the activities of http://goudengids.be and http://pagesdor.be

BIF funds have attracted €102m from domestic pension funds

ESTVCA has published its 2015 activity and statistics report. In 2015 ESTVCA members invested €19,2m in 37 companies. There are 88 active portfolio companies with total number of employees reaching 7535 people and combined turnover €0,7bn.

ESTVCA Legal Committee publishes 2016 M&A Deal Points Study

The survey analysed 168 Baltic M&A transactions done in the period of July 2013 to December 2015, a record number of deals ever viewed by the study. The most active economic sectors in the Baltic M&A market were construction and real estate, technology, financial services, and energy and utilities. The value of a typical Baltic M&A transaction remains in the EUR 1-5 million bracket.

Members of ESTVCA, ESTBAN, FinanceEstonia and Service Industry Association gathered to welcome 2016 26 January 2016

ESTVCA has elected Kalmer Kikas as a new Chairman 16 December 2015

Most awaited event in the Baltics will take place in Jurmala on August 27th! 15 June 2015

22 Eesti tippadvokaati panid seljad kokku, et luua kõrgetasemeline riskikapitali valdkonna õiguskeskkond 10 June 2015

Estonian Private Equity & Venture Capital Industry Review 2014 18 May 2015

EstVCA 2013 review 12 May 2014