According to a report by S&P Global Market Intelligence, the Baltic states led the increase in private equity investment volume in Europe in the first half of 2023.
The region saw a 50% increase in investment volume, compared to the same period in 2022.
Photo by Stephan Glauner
The report attributed the increase to a number of factors, including:
- The strong economic growth of the Baltic states.
- The region’s attractive investment environment, which is characterized by a stable political and regulatory framework.
- The growing number of startups and scaleups in the region.
- The increasing interest of international investors in the Baltic states.
Some of the notable private equity investments in the Baltic states in the first half of 2023 include:
- The acquisition of Eco Baltia, a waste management company, by MidEuropa, a private equity firm.
- The investment in Vinted, a fashion marketplace, by EQT Growth, a private equity firm.
- The investment in TransferGo, a money transfer company, by DST Global, a venture capital firm.
- The investment in Pipedrive, a sales automation software company, by Insight Partners, a private equity firm.
- The investment in Bolt, a ride-hailing company, by Sequoia Capital, a venture capital firm.
The increase in private equity investment in the Baltic states is a positive sign for the region’s economy,
