Winners announced at the inaugural CEE Mergers and Acquisitions (M&A) Awards
Winners announced at the inaugural CEE Merger and Acquisitions (M&A) Awards
CEE M&A Director Magazine would like to thank all those that attended the 1st annual CEE Mergers & Acquisitions (M&A) Awards ceremony held at the Intercontinental Hotel in Warsaw. The glittering awards ceremony looked fantastic, and was attended by an ensemble cast of merger and acquisition executives from all over the region, who applauded all the finalists across the 12 categories as the prestigious trophies were handed out to loud cheers from winners and their guests.
At the inaugural celebration gala around 100 senior decision makers from the M&A sector were in attendance. Primarily the awards recognized companies and individuals who had demonstrated the best overall performance during the past year as well as the outstanding efforts and achievements of all those involved in identifying, coordinating and completing the important deals, which have produced consistent results, and the potential to change the fate of businesses and industries throughout the region.
On behalf of our sponsors and attendees, we offer our congratulations to all the winners:
Professional Service Provider
Fordata – helps support the largest M&A deals, IPO’s, private equity investments, restructurings, drug development and clinical trial projects, as well as projects associated with obtaining financing in Poland and CEE. Its system increased safety and efficiency of hundreds of different types of transactions with a total value of over PLN 34 billion.
Short-list: Egon Zehnder, Fordata, Just Comply
M&A Advisory Firm
PwC – has a network of firms in 157 countries with more than 223,000 people who are committed to delivering quality in advisory assurance and tax services. PwC is channelling knowledge and value through our lines of service and industry-specialised practices.
Shotr-list: CIC Corporate Finance, CRE Group, EY, KKC Partners, PwC
M&A Insurance Firm
AIG Europe Limited
American International Group, Inc. (AIG) is a leading international insurance organization serving customers in more than 100 countries and jurisdictions. AIG companies serve commercial, institutional, and individual customers through one of the most extensive worldwide property-casualty networks of any insurer.
Short-list: AIG Europe Limited, DUAL Specialty M&A GmbH, Howden M&A, Ironshore, Tokio Marine HCC
The Dentons Corporate/M&A group is distinguished by its position as one of the very few if not only truly ‘in and of the community’ culturally knowledgeable, pan -European legal teams, backed by decades of experience in being on the ground supporting the business ambitions of local and international businesses.
Short-list: Allen Overy, Axelo Ostrowski Domagalski i Wspolnicy, Dentons Europe, Greenberg Traurig, Noerr, Primus, White & Case, Wolf Theiss
Bank Pekao SA is a leading lender financing economy development and a leader of corporate banking in Poland. As for corporate banking, Bank Pekao was honoured three times with Euromoney Magazine awards. Innovative solutions are Bank Pekao’s competitive advantage. In 2016 Pekao defended the most innovated bank title, by winning once again Złoty Bankier trophy for Financial Innovation. Independent experts of Global Finance recognized Pekao Custody Services as the best in CEE in 2016.
Short-list: Bank Pekao, Industrial and Commercial Bank of China, VTB Bank
EBRD is a multilateral bank committed to the development of market-oriented economies and the promotion of private and entrepreneurial initiative in more than 30 countries from Morocco to Mongolia and from Estonia to Egypt. The Bank is owned by 65 countries, the EU and the EIB. The EBRD’s strategic plan for the countries where it invests for the period 2016-18 has three priorities: strengthening economic resilience, addressing global challenges and supporting regional integration.
Short-list: EBRD, Industrial and Commercial Bank of China, J.P. Morgan, VTB Capital
Venture Capital Firm
BaltCap is the leading independent private equity firm focusing on small and midmarket buyout and expansion capital investments in the Baltic States.
Short-list: BaltCap, Experior Venture Fund, Onex Capital, Practica Capital, Technologies Capital
PRIVATE Equity Deal
Mid Europa Partners – Enterprise Investors
Mid Europa Partners has an agreement to acquire 100% of shares in Profi Rom Food, the largest supermarket chain in Romania, from Polish Enterprise Fund VI. This is the largest deal ever completed by a private equity firm in Romania and the largest retail deal in the country’s history.
Short-list: BaltCap, Enterprise Investors, Griffin, Kulczyk Investments, Innova Capital, MCI Capital, Practica Capital, Value4Capital
Allegro – Cinven, Permira and Mid Europa Partners
Southern-African company Naspers has sold the 100% stake in Allegro Group to a group of Private Equity funds which includes Cinven, Permira and Mid Europa Partners for a consideration of €2.85bn. The amount paid places this deal among the largest deals on the Polish M&A market. Naspers controlled Allegro since 2008 when it was acquired for €1.5bn. Naspers has realized a rate of return exceeding 100%.
Short-list: Allegro Group – Cinven, Permira and Mid Europa Partners Deal, Bridgepoint Europe – Smyk Group Deal, Griffin – Echo Deal
EXIT of the Year
Enterprise Investors exits Profi Rom Food to Mid Europa Partners
Polish Enterprise Fund VI (PEF VI), a private equity fund managed by Enterprise Investors, has signed an agreement to sell 100% of shares in Profi Rom Food, the largest supermarket chain in Romania, to Mid Europa Partners, a leading private equity firm focused on buyouts in Central and Eastern Europe.
Short-list: Diposal of Chic Group to British American Tobacco, EMF exit Smyk to Bridgepoint, MCI Capital exit INVIA group, Value4Capital exit MedLife, Innova Capital exit Wirtualna Polska Holding, Enterprise Investors exit Scitec Nutrition, Enterprise Investors exits Profi Rom Food to Mid Europa Partners, Kulczyk Investments disposal of stake in SABMiller
Private Equity Firm
Enterprise Investors is the oldest and one of the largest private equity firms in Central and Eastern Europe. Active since 1990, the firm has raised eight funds with total capital exceeding EUR 2 billion. These funds have invested over EUR 1.7 billion in 137 companies across a range of sectors and exited 116 companies with total gross proceeds of EUR 2.5 billion.
Short-list: Innova Capital – Centrum Rozliczeń Elektronicznych Polskie ePłatności Deal, MCI – ATM Deal, Experior – ITAX Deal, Enterprise Investors – Mid Europa Partners Deal, Bridgepoint Europe – Smyk Group Deal, Innovation Nest – Perfect Gym Solutions Deal, Onex Capital Limited/WinVentures – Moto Pewniak Deal, Innova Capital – PEKAES Deal
Tomasz Czechowicz – Capital/Private Equity investor, co-founder and Group Managing Partner @ MCI Capital – one of the leading European private equity groups with its main focus on technology and digitalization. Managed funds, with assets under management at EUR500 million, have portfolio companies across Europe; between London and Moscow, Stockholm and Tel Aviv. Currently, 50% of companies are outside of its origin market – Poland. Portfolio companies all come from disruptive digital economy sectors: fintech, SaaS, IoT, e-commerce, marketplaces.
Hosted at the InterContinental Hotel in Warsaw, the awards were presented to the most active and professional PE and VC companies operating in the region, highlighting the dedication, outstanding results and top quality client services provided by many M&A industry leaders. The awards also showcased the hard work, dedication and determination of firms throughout the region, as voted for by their clients and industry peers.
Countries and regions covered at the M&A Awards included: CEE: Czech Republic, Hungary, Poland, Slovakia, Ukraine. NEE: Belarus, Estonia, Latvia, Lithuania, Kaliningrad. SEE: Albania, Bulgaria, Bosnia and Herzegovina, Croatia, Georgia, Macedonia, Montenegro, Romania, Serbia, Slovenia.