PLG Accelerates Growth in Central & Eastern Europe with Major Acquisitions in Ticketing
BaltCap portfolio company Piletilevi PLG has significantly expanded its regional footprint with two strategic acquisitions:

• In June, PLG acquired Ticketportal, the largest ticketing platform in the Czech Republic and Slovakia, doubling the group's annual ticketing volume to nearly €600 million—the largest deal in PLG's history;
• In July, PLG further consolidated its position in Romania by acquiring 100% of Bilete.ro, Entertix.ro, and Myticket.ro, following its initial entry in 2023.

With operations now spanning seven European countries, PLG is building the strongest ticketing network in Central and Eastern Europe, serving millions of customers across the Baltics and CEE.
The company's chairman, Sven Nuutmann, described the acquisitions as a natural step in PLG's strategy to combine local market leaders into one strong group. The company now operates in seven countries, sells more than 21 million tickets per year, and reaches 160 million online visitors. By continuing to invest in technology and implementing a unified platform by 2026, PLG is creating a cross-border network that connects event organisers and audiences across Central Europe like never before.
https://www.plgmoments.com/news/piletilevi-plg-acquires-czech-and-slovak-market-leader-ticketportal

https://www.plgmoments.com/news/plg-the-largest-ticketing-company-in-central-and-eastern-europe-acquires-100-of-shares-in-bilete-ro-entertix-ro-and-myticket-ro

Alma Littera Group has acquired Egmont Baltics
BaltCap Private Equity Fund III has acquired a leading children's book and magazine publisher from Egmont International, expanding its growing book platform across the Baltics, which includes Alma Littera, Pegasas, and Rahva Raamat.
This transaction is the platform's fourth acquisition, and secures a strong presence in Latvia. It also reinforces the group's focus on children's content, continuing partnerships with global brands such as Disney, Marvel, Mattel, Hasbro, and Paramount.
https://www.baltcap.com/baltcap-books-and-magazine/

BaltCap signed exit of LIVIN healthy products
BaltCap Growth Fund has reached an agreement to exit its investment in LIVIN healthy products, a leading Baltic health and wellness retailer. The company is set to be acquired by Ogmios Group, one of Lithuania's largest retail and real estate groups. The deal is contingent upon approval from the Competition Council.
When BaltCap partnered with Co-investor and CEO Bernardas Tautkus on initial investment into platform Bio Sala, the business was making a EUR 2 million revenue and focused on organic food retail. The goal was to revitalize the brand, create a modern store concept, and consolidate the fragmented Baltic market.
Under BaltCap's ownership, LIVIN grew to 21 stores across Lithuania and Latvia, and is now one of the most recognizable health brands in the region, featuring strong e-commerce and wholesale channels. During the investment period, revenues nearly quadrupled to exceed EUR 20 million, while EBITDA increased more than sixfold.
The deal is expected to deliver the highest MOIC return among historical BaltCap's growth strategy deals.
https://sc.bns.lt/view/item/bgf-exits-livin-sells-majority-stake-to-ogmios-group-518319

Pihlakodu continues its dynamic growth
Pihlakodu has taken another big step in bringing quality elderly care closer to people across Estonia. On 16 June, 2025, Tartu Pihlakodu opened its doors—the first Pihlakodu home in Southern Estonia. The newly renovated home offers 149 cosy rooms and 24-hour care in a peaceful, green environment. "We wanted to create a place where people could enjoy a dignified and peaceful retirement close to their loved ones," says manager Merike Merirand.
A few months later, construction work started on Kristiine Pihlakodu in Tallinn, which will be completed in early 2026. The three-story home can accommodate 150 residents, and features therapy and beauty rooms, saunas, and plenty of comfortable spaces to meet with family and friends. A green therapy garden and orchard add cosiness, encouraging residents to stay active and stay connected. With the opening of both homes, Pihlakodu continues to expand its network of warm and caring homes throughout Estonia.
https://www.pihlakodu.ee/tartu-pihlakodu-avab-ametlikult-uksed-16-juunil-2025/
https://www.pihlakodu.ee/pihlakodu-kasvab-grupi-kuues-hooldekodu-kristiine-pihlakodu-valmib-2026-aasta-esimeses-pooles/

BaltCap completes sale of national stadium project in Vilnius to Hanner
Vilnius' national stadium is moving forward. Lithuanian real estate developer Hanner has taken over the project from the BaltCap Infrastructure Fund, which completed all the preparatory planning works, and started the stadium's construction.
The construction, which will be managed by Naresta, includes the main stadium, two football pitches, and the necessary infrastructure. After several years of delays, Vilnius residents will soon see the stadium become a reality.
https://balticnews.com/hanner-and-baltcap-complete-transaction-to-take-over-national-stadium-project-in-vilnius/