Baltcom's dynamic growth
Our portfolio company, Baltcom, has invested around EUR7 million since 2015 in modernizing its infrastructure and services. In 2016, Baltcom obtained mezzanine financing from a private investment fund, Providence Equity Partners, allowing the company to increase infrastructure investment, expand its fiber optical network, provide higher quality of services and expand its offering. It also increased the number of users of its interactive television by 50% y/y.
Resource Partners acquires majority stakes in iaBilet and BestMusic
Resource Partners announces the acquisition of an 82.5% stake in iaBilet, Romania’s leading online ticketing platform, and a 55% stake in BestMusic Concerts, a pioneering promoter of live entertainment events.
Resource Partners and Artgeist - strategic partnership
Resource Partners has entered into an investment agreement under which Artgeist Sp. z o.o., one of Europe’s leading producers and distributors of wall décor and interior design solutions, has secured a majority investor to support its product diversification strategy.
