
BaltCap
Description
BaltCap stands as the largest and most experienced private equity investor operating across the Baltic States, including Estonia, Latvia, and Lithuania. With a history spanning over 30 years, the firm has established itself as a cornerstone of regional financial development, focusing on small and mid-market companies. Their investment strategy primarily revolves around providing buyout and expansion capital, aiming to support the growth and transformation of promising enterprises within the region. This deep-rooted presence and extensive track record underscore their significant influence in the Baltic private equity landscape.
The firm's investment approach is characterized by a flexible mandate, targeting various sectors such as healthcare, IT, business services, industrials, and retail. BaltCap is particularly active in providing growth capital, where their typical first cheque ranges from €5 million to €20 million, translating to approximately $5.4 million to $21.6 million USD based on current exchange rates. This focus on expansion capital helps companies scale their operations, enter new markets, or develop new products. For larger transactions, their buyout investments can range from €10 million to €50 million, demonstrating their capacity to engage in significant control-oriented deals.
BaltCap's impressive portfolio includes over 100 investments made throughout its operational history, showcasing a consistent commitment to fostering economic growth in the Baltics. The firm manages several funds with a combined total capital exceeding €700 million, or roughly $756 million USD, solidifying its position as a major capital provider in the region. Their long-term perspective and hands-on approach aim to create sustainable value for their portfolio companies, contributing to job creation and innovation across the Baltic economies.
Investor Profile
BaltCap has backed more than 42 startups, with 0 new investments in the last 12 months alone. The firm has led 26 rounds, about 62% of its total and boasts 5 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Private Equity, Seed, Series Unknown rounds (top funding stages).
- Majority of deals are located in Latvia, Lithuania, United Kingdom.
- Strong thematic focus on Information Technology, Health Care, Software.
- Typical check size: $5.4M – $21.6M.
Stage Focus
- Private Equity (60%)
- Seed (19%)
- Series Unknown (12%)
- Series A (5%)
- Series B (2%)
- Debt Financing (2%)
Country Focus
- Latvia (48%)
- Lithuania (24%)
- United Kingdom (12%)
- United States (10%)
- Estonia (5%)
- Sweden (2%)
Industry Focus
- Information Technology
- Health Care
- Software
- Mobile
- Manufacturing
- E-commerce
- Industrial
- Ticketing
- Customer Service
- 3d Technology
Frequently Asked Questions
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