We have also invested in the following companies from our predecessor investment vehicles LHV Capital I and Mindport:

Archyvu Centras


Archyvu Centras is the largest outsourced document storage and records management company in the Baltics with nearly 300 km of storage capacity. The company also offers records destruction, digital archiving, scanning and other ancillary services to over 250 corporate customers. Founded in 2001, Archyvu Centras has established market-leading positions in Estonia and Lithuania, and has been growing rapidly in Latvia. In 2016, LHV Capital sold the company to NYSE-listed Iron Mountain, the world's largest archive services firm.



Qvalitas Medical Centre provides occupational healthcare services to companies and specialised healthcare solutions to private clients in Estonia. Qvalitas offers complex healthcare plans to business clients, including risk assessment of the working environment, check-ups for employees by general or specialist doctors, diagnostic procedures, vaccinations, training courses, and health- and ergonomics-related consultations. The company is also licensed to inspect the health of high-risk professionals, such as pilots and flight crews. In 2016, Qvalitas was sold to Baltic private equity investor Baltcap.

Vėjų spektras


Veju spektras was at the time the largest producer and seller of wind energy to the national electricity grid in the Baltics. The company’s 30 MW plant with 15 high quality Enercon wind turbines is located in Kretinga and is covered by Enercon Partner Concept guaranteeing 97% operating efficiency. In 2011 Vėjų Spektras was sold to INTER RAO Lietuva, a subsidiary of a Russian electricity conglomerate.

Baltic Ticket Holdings


Baltic Ticket Holdings is the market-leading ticketing company offering services to entertainment, sporting, and theatre events across Estonia, Latvia, Lithuania and Belarus. Baltic Ticket Holdings group’s companies maintain a dominant share in the fast growing Baltic ticketing market, selling via online and more than 400 physical locations. LHV Capital has acquired and combined Estonian and Latvian companies in 2007. The company later expanded to Lithuania and Belarus. Baltic Ticket Holdings has developed a leading-edge ticketing technology as the business transformed from physical to electronic tickets, and now mobile. Baltic Ticket Holdings was sold to strategic buyer Kassir.Ru in 2013.



A leading developer of intelligent engineering solutions, providing telecommunications, security, automation and data center solutions, as well as individually-tailored solutions for the transport and energy sectors. A dominant market leader in Lithuania, Fima has grown rapidly by expanding to Latvia, Belarus and Poland. In 2017 Fima acquired Krakowskie Zakłady Automatyki S.A., a railway solutions leader in Poland.



Centile is a leader in the development and commercialisation of VoIP and Unified Communications solutions. The company has developed the Istra platform that empowers telecommunication service providers, mobile operators and large enterprises to transparently deliver advanced VoIP and Unified Communications features via any broadband network. Located in Sophia-Antipolis, Centile works with clients in Finland, Estonia, Sweden, France, Russia, Indonesia, Turkey, and many other countries.