Since inception in 2005 we have made 19 exits. Just to mention a few:
Stream Networks (fund ZGI-1). This outstanding telecommunication company showed excellent growth rate and made two M&A deals acquiring LATNET
. The transactions resulted in the creation of the country's second-largest provider of telecommunications services in the corporate segment. The company's 100% capital shares are now owned by the mobile operator “Bite Latvija”.
Art Fairs Service (fund ZGI-3).
investment fueled rapid geographic expansion in Belgium, Sweden, the
Netherlands, Germany, Italy, England, Denmark, United Kingdom, Spain and
Latvia. 99% of revenue comes from export. The deal received Latvian private
equity and venture capital association award “Exit of the Year 2017”.
Uprent (fund ZGI-3).
company is the leading provider of pumps and pumping systems rental services in
Eastern Europe with branches in Latvia, Lithuania, Estonia and Poland. ZGI's
investment supported growth and helped to raise next round of venture capital investment.
Latvāņi (fund ZGI-3).
The company is one of the flagships in the Latvian timber
industry. The fund made large-scale investments in production development, expanding
the range of products, thus increasing automation levels and profitability.
Naco Technologies (fund ZGI-2).
The innovative nano-coating technology company was acquired
by Germany's largest private company, Schaffler Group, which is the world's
leading supplier to automotive and other industries. The deal received Latvian
private equity and venture capital association award “Exit of the Year 2015”.
Premium Medical (fund ZGI-1).
The leading premium-class clinic in Latvia with more than
100 specialists. This is the first medical institution in Latvia in the premium
clinics segment, it was able to survive and develop through a period of