BaltCap Private Equity Fund

Building business champions

BaltCap focuses on building businesses that increase the quality of life in our societies. We are the largest private equity fund manager in the Baltic states.

Our story

BaltCap is the largest and most experienced private equity investor in the Baltic states

25+ years

track record

4

investment strategies

40+

investment professionals

120+

platform investments

€700m

capital raised to date

70+

exits

Buy&Build strategy

3x

revenue growth

4x

EBITDA growth

Strategy

Buyout

Our buyout fund invests in local market leaders with a buy-and-build objective to create internationally recognised business champions.

Growth

Our growth fund invests in fast growing companies with proven and profitable business models.

Infrastructure

We target investments contributing to mitigating climate risks. Our primary focus is providing development capital for transport, energy and education infrastructure projects in the Baltics and Poland.

Venture

NordicNinja – a joint-venture between BaltCap and Japanese partners focusing on deeptech venture investments in the New Nordics.

Portfolio

Aug 2023

Hansab Group develops and provides security and service automation solutions to B2B customers in logistics, finance, public, retail and other sectors.

Aug 2023

Delamode Group is a dynamic logistics and freight forwarding solutions provider, delivering tailored and customer-centric services globally

Apr 2023

HansaMatrix is one of the leading manufacturers of electronic systems and components in Northern Europe

Dec 2022

Rahva Raamat is the largest integrated book retailer, publisher, and distributor in Estonia

Nov 2022

Adoro will operate a social care chain in Latvia

Oct 2022

Alma Littera Group is the largest integrated general book publisher and retailer in Lithuania

BaltCap has an open-minded approach combined with a deep knowledge of what practical actions look like. They are experts in the Baltic market with a clear vision and strong ethics.

Viktorija MeikšaneCEO
Coffee Address

By teaming up with BaltCap on Magnetic MRO project we gained like-minded business partners who think big, execute creatively, and have zero compromises on business ethics.

Jonas ButautisCEO
Magnetic MRO

BaltCap is well informed about the business and always acts fast and professionally. Communication with BaltCap team is fun both during and outside office hours.

Sven PertensCEO
TREV-2

I have been cooperating with BaltCap for over ten years managing three portfolio companies together. They have undeniably one of the best and result-oriented teams in the region.

Erki MölderCo-investor
Unimed & Qvalitas

We were incredibly lucky to have a professional owner like BaltCap. Their experienced team led Unimed to a remarkable growth journey. The strategic backing of BaltCap enabled us to invest in new and existing clinics, and was critical when coping with the Covid-19 crisis.

Marja-Liisa AlopCEO
Unimed

News

Sep 2023

A joint venture, PV Power Ltd, comprising BaltCap Infrastructure Fund, energy group AJ Power, and alternative investment…

Sep 2023

NordicNinja VC, the Japanese–European joint venture of BaltCap and JBIC IG Partners, has announced a new €200M Fund II.…

Aug 2023

BaltCap, the largest private equity fund manager in the Baltics, has been granted a full alternative investment fund manager…

Aug 2023

BaltCap, the largest private equity fund manager in the Baltics, and investment company Draugiem Capital invest in Latvia-based…

Jul 2023

BaltCap, the largest private equity fund manager in the Baltics, with co-investors, acquired Xpediator, a fast-growing international…

Jul 2023

The leading Baltic ticket sales company Piletilevi recently announced the acquisition of one of the largest Romanian ticketing…