The Fund

Livonia Partners was founded in 2015 with a simple goal – to become the best private equity investor in the Baltic region. Our team has built and supported through investment many groundbreaking Baltic companies - Thermory, LHV, Baltic Ticket Holdings, Cgates, Freor, and other.

We currently invest from our €157 million Fund II. We look out for Baltic businesses that show strong growth potential and invest up to €25 million per company. We acquire shares from owners that wish to sell, and we also invest growth equity.

We are committed to environmental sustainability, and starting with Fund II we direct at least 10% of our fund size towards positive environmental and climate activities. Our fund investors include all largest Baltic pension funds, as well as regional insurance companies and development finance institutions.

INVESTMENT BELIEFS

Emphasis on the Long Term

We invest in impactful businesses where we have conviction on the long-term growth story. We believe in Baltic entrepreneurs and their ability to build sustainable best-in-class businesses which can conquer global markets. We help to build companies which we can be proud of long after our exit, not least due to their positive contribution to the Baltic business environment.

Collaborative Value-Add

We view ourselves as partners to management teams, where we assist in material decision making in areas of business strategy, hiring of key personnel, and M&A strategy. Having a concentrated investment portfolio allows us to invest in the best businesses and give them our full attention.

Targeted Approach

Our strategy is to achieve actual positive impact on the environment and society, while seeking growth. We assess corporate positions, values and strategies using in-depth analysis of concrete set of facts and thorough discussions with management teams, stakeholders and other experts.