Strategy

Buyout

BaltCap Private Equity Funds (“BPEF”) make buyout investments in mid-sized unlisted companies. The companies are primarily based in the Baltic countries and often have a goal for geographic expansion. The investment focus is set on innovative companies and buy-and-build opportunities. We reflect on lessons learned and make an effort to drive new and better solutions and to continuously improve as we partner with management teams.

Growth

BaltCap Growth Fund (“BGF”) invests in fast growing companies with proven and profitable business model. BGF invests in growth of the portfolio companies by increasing their production capacity, entering new markets or acquiring a competitor. We can also buy out shareholders looking for liquidity or finance management buyouts. We typically invest between €1 – 4 million of equity per portfolio company acquiring majority or influential minority stake.

Infrastructure

BaltCap Infrastructure Fund’s (“BInF”) primary focus is providing development capital for transport, energy and energy efficiency infrastructure projects in the Baltics. Infrastructure development is one of the key priority areas for the region to improve its competitiveness and independence. BInF aims to invest at least 40% towards resource efficiency, climate change mitigation and adaptation projects. The fund invests between €3 – 15 million per project and has a duration of 20 years.

Venture

JB Nordic Ventures, also known as the “NordicNinja”, is a joint venture established in 2019 by BaltCap and JBIC IG Partners. The fund supports entrepreneurs’ scale-up goals in the New Nordics. We are open-minded and we love tech, especially robotics, automation, health tech, AI and mobility. We also love to co-invest with the local investors, but, if needed, are happy to lead as well. With NordicNinja your entrance to Japan has never been simpler.

Pihlakodu elderly care chain will operate 4 facilities close to 500 beds with 2 modern facilities in Tallinn and adjacent areas.
Livinn and Biosala are two leading retail chains of organic and healthy food and non-food products in Lithuania.
Kool is a network of convenience stores and fuel stations in Latvia, with a new brand and concept which is based on module...

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

News

BaltCap Growth Fund (BGF) will invest close to €3 million of growth capital in Viru Haigla AS in order to expand the Pihlakodu…
BaltCap sells its 95% stake in Fitek Holding to UnifiedPost Group, one of Europe’s leading FinTech firms headquartered…
BaltCap Growth Fund (BGF) has signed an agreement to acquire 100% of shares in UAB Sveiki Produktai (Livinn) and UAB Bio…
BaltCap together with JBIC IG Partners, a Japanese government backed private equity and venture capital firm, will establish…

Partners