True partnerships taking business further

Livonia Partners will invest in Digital Mind AS, a business process digitalization specialist for large and mid-sized organizations in the Baltic states, to facilitate the acquisition of 100% shares of EIP Dynamics Sp. z o.o, a prominent Microsoft Enterprise Resource Planning (ERP) solution provider in Poland serving some of the largest companies in the country and internationally.

Livonia Partners is excited to announce its investment in Estonian-headquartered Wildix, a pioneer in Unified Communications & Collaboration (UC&C) technology and the only European UCaaS vendor recognized in the Gartner Magic Quadrant.

At Livonia Partners, we are dedicated to being a catalyst for the ESG journey within our portfolio companies and the broader private equity industry in the region. In spring this year, we enhanced our sustainability strategy and processes. We are now launching a roll-out of our ESG strategy across portfolio companies.

Livonia Partners invests in fast-growing Bagfactory, a manufacturer of non-woven and paper bags to customers across Europe. The transaction is pending Competition Council approval, and is anticipated to conclude by the beginning of this summer.

On February 9, Livonia Partners Fund I sold the majority of its shares in Fenestra, the leading window manufacturer in Finland and Estonia - the fourth exit for the fund.

On November 24th, Livonia Partners Fund I sold 100% of its shares in Hortes, Estonia’s most recognizable gardening retail brand.