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

110+

platform investments

€700m

capital raised to date

65+

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.

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Growth

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

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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.

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Venture

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

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Portfolio

All AI Audio Autonomous Blockchain Business & Financial Services Climatetech Consumer Cybersecurity Digital Infrastructure Education Healthcare Industrial Logistics Metaverse Mixed Reality Mobility Municipal Infrastructure Renewable energy (electricity and heat) TMT Transportation
HansaMatrix is one of the leading manufacturers of electronic systems and components in Northern Europe
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Rahva Raamat is the largest integrated book retailer, publisher, and distributor in Estonia
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Adoro will operate a social care chain in Latvia
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Alma Littera Group is the largest integrated general book publisher and retailer in Lithuania
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Nord Security is a global leader in internet privacy and security solutions
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SIA PV Power is a joint venture to develop solar energy generation in Latvia
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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.

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.

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.

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.

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.

News

BaltCap, the leading private equity fund manager in the Baltics, through its portfolio company Adoro, signed an agreement…
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BaltCap, the largest private equity manager in the Baltics, has agreed to acquire a 70% share in the leading Baltic automation…
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A public-private partnership project of school revitalisation, implemented by BaltCap Infrastructure Fund, received a special…
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The main goal of the investment is to enter the Baltic market as well as further develop the company’s technology platform…
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BaltCap, the largest private equity fund manager in the Baltics, with co-investors made an offer to acquire Xpediator, a…
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BaltCap, the leading private equity fund manager in the Baltics through its company Emsco, will become the largest shareholder…
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Partners

Estonia
 Skyon, Maakri 30, 24th floor / Tallinn 10145
Phone: +372 665 0280 / Fax: +372 665 0281

Latvia
Jaunmoku 34 / Riga LV-1046
Phone: +371 6721 4225

Lithuania
J.Jasinskio 16b / Vilnius LT-03163
Phone: +370 5 254 6713

Finland
Maria 01, Lapinlahdenkatu 16 / Helsinki 00101
Phone: +358 504913001

Sweden
Epicenter Mäster Samuelsgatan 36 / 111 57 Stockholm
Phone: +46 8 459 30 60

Poland
WeWork, Krucza 50 / Warsaw 00-025