Mid Europa Partners (“Mid Europa”), the private equity investor in Central and Eastern Europe (“CEE”), announced today that it has opened an office in Bucharest, Romania, further deepening its local presence in the country.
Matthew Strassberg and Robert Knorr, Co-Managing Partners of Mid Europa said, “The opening of the Bucharest office represents a natural progression of our commitment to Romania, following our increased activity in response to the long-term rerating of the investment climate in Romania. Since 2015, we have invested nearly €0.5 billion into Profi, the leading Romanian proximity supermarket chain, Regina Maria, a leading premium integrated private healthcare services operator, and most recently, Urgent Cargus, a leading courier, express and parcel service provider.”
Berke Biricik, a Principal who joined Mid Europa in 2013 and will lead Mid Europa activities in Romania, commented: “Having been involved in our investments in Profi and Urgent Cargus, I look forward to coordinating the monitoring and origination activities in Romania from our new Bucharest office.”
Mid Europa Partners is an independent private equity firm focused on the growth markets of Central and Eastern Europe. Operating from London, Budapest, Warsaw and Istanbul, Mid Europa Partners has raised and managed funds of approximately EUR 5.2 billion.
Mid Europa has a pan-regional approach, mainly in domestic-focused growth industries, and since inception in 1999, has completed 41 investments across 18 countries in the region.