BaltCap Private Equity Fund

BaltCap invites HansaMatrix shareholders to take the opportunity now to sell their shares at an attractive price

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.

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

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

Apr 2022

Nord Security is a global leader in internet privacy and security solutions

Apr 2022

SIA PV Power is a joint venture to develop solar energy generation in Latvia

Mar 2022

Vet Ventures operates a chain of veterinary clinics

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

Mar 2023

BaltCap, the leading private equity fund manager in the Baltics, will launch a voluntary share purchase offer for HansaMatrix…

Feb 2023

BaltCap, the leading private equity fund manager in the Baltics, through its company Emsco, has submitted to the Bank of…

Dec 2022

BaltCap, the largest private equity firm in the Baltics, and the Police Department of Lithuania have signed a contract to…

Nov 2022

BaltCap Private Equity Fund III (BPEF III), through its subsidiary Adoro, has signed an agreement to acquire the assets of…

Nov 2022

BaltCap Latvia Venture Capital Fund (BLVCF) sells Blue Bridge Technologies, the leading provider of medical practice management…

Oct 2022

BaltCap Private Equity Fund III (BPEF III) has signed an agreement to acquire Rahva Raamat, the largest integrated book retailer,…

BaltCap invites HansaMatrix shareholders to take the opportunity now to sell their shares at an attractive price

Building business champions

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

Strategy

Buyout

Growth

Infrastructure

Venture

Portfolio

News

Partners