Mid Europa promotes seven

The firm has announced promotions across its offices in Warsaw, London, and Istanbul as it continues to deploy its fourth fund.

Mid Europa Partners has made seven new promotions across its offices in Warsaw, London, and Istanbul, it said.

Promoted to associate director were Warsaw-based Dominika Kozlowska-Login, who joined the firm in 2012, and London-based Viktoria Habanova, who joined in 2010.

Habanova worked on the investment earlier this month by CEE Equity Partners – the investment adviser to China CEE Investment Co-operation Fund – in Mid Europa portfolio company Energy 21, a Czech photovoltaic power company, the firm said.

Lukasz Wlodarczyk, who is based in the Warsaw office and has been with the firm since 2010, has been promoted to senior associate.

Wlodarczyk’s colleague in Warsaw, Bartosz Malecki, who joined the firm last year, was promoted to associate, along with Can Karapence who is based in Istanbul and has been with the firm since 2013. Karapence was on the team that acquired Turkish call centre business CMC.

Filip Kisdobranski and Tomas Vrba, who both started at the firm last year and are based in London, were also promoted to associate.

Earlier in 2015, the Mid Europa promoted Berke Biricik, who is based in Istanbul, and Csanad Daniel and Ratko Jovic, who both work in Budapest, to associate director.

In October the firm acquired Romanian healthcare company Central Medical Unirea through its fourth fund, as reported by Private Equity International.

Mid Europa Fund IV closed in 2014 on €800 million. Its third fund, a €1.5 billion 2007-vintage vehicle, still has a few investments remaining in it.

The firm, which focuses on buyouts in Central and Eastern Europe and Turkey, typically invests €75-100 million in companies with an enterprise value of €100-500 million.