BlackPeak Capital Secures €125Mn First Close for New Southeast Europe Growth Fund

The new fund will mainly support companies in Bulgaria, Romania, Croatia, Slovenia and Serbia. BlackPeak Capital aims to help growing businesses expand their operations and strengthen their market positions.

The fund has received backing from several investors who also supported BlackPeak's first fund. These include the European Investment Fund (EIF), the European Bank for Reconstruction and Development (EBRD), Erste Asset Management and the International Finance Corporation (IFC).

Ivailo Gospodinov, Managing Partner at BlackPeak Capital, says: “Five years ago we spent much of our time explaining the investment case for Southeast Europe. Today, the region remains one of the fastest growing in Europe and its success stories increasingly make that case on their own. We see a new generation of ambitious founders who have built leaders in their specific niches. What these companies lack is growth capital at the scale they need and expertise to expand internationally. BPSEEF II is specifically designed to address that gap.”

Rossen Ivanov, Managing Partner at BlackPeak Capital, adds: “With BPSEEF I, we scaled our team regionally and demonstrated that our strategy of investing in minority growth deals with a strong buy-and-build focus, both regionally and globally, delivers excellent results. With BPSEEF II, we benefit from an already strong pipeline and deep insight into sectors where we believe structural growth is ahead.”

Niklas Pichler, Managing Partner at BlackPeak Capital, says: “Our goal is to help ambitious regional businesses become international leaders. We combine growth capital with practical support in entering new markets, making acquisitions and strengthening management teams. As an active partner, we work closely with founders, supporting their vision while helping them build the capabilities needed for the next stage of growth.”

BlackPeak Capital is a private equity firm based in Sofia, Bulgaria. Founded in 2014, the company invests in growing small and medium-sized businesses across Southeast and Central Europe.

The firm provides funding to help businesses expand, enter new markets, develop new products and grow their operations. It mainly supports companies with strong teams, established businesses and good growth opportunities.

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