Hanseatic Capital

Founded in 2003, Hanseatic Capital is a dedicated provider of fixed income growth capital in Emerging Europe.  Hanseatic Capital is headquartered in Tallinn, Estonia, and has representative offices in Bulgaria, Poland and Latvia.  With experience in investing across a broad range of industry sectors, Hanseatic Capital provides flexible financing solutions to small and medium size enterprises ("SMEs").

Hansetaic Capital invests exclusively in Emerging Europe and seeks growth oriented SMEs with experienced and committed management teams.

Hanseatic Capital is a signatory of the United Nations Principles for Responsible Investment and a full member of  European Private Equity and Venture Capital Association.  Hanseatic Capital is also a member in the Polish Private Equity Association and Estonian Venture Capital Association. 

We look for companies with the following characteristics:

Growth companies with substantial management ownership
Demonstrated capability to pay interest from cash flows
Financial controls and transparency in reporting
Operating history of at least three years
Established industry or sub segment
We are not venture capital investors




We typically use the following financing instruments:

Secured debt with equity participation features
Subordinated debt with senior debt covenants and equity participation features
Convertible bonds and hybrid instruments
Structured preferred stock



Our typical investments have maturities of three to five years with sizes between €1 to €5 million and unlevered IRRs in excess of 20%.
We can fund higher amounts under special circumstances.

Hanseatic Capital is a signatory of the United Nations Principles for Responsible Investment (PRI), and committed to implement these principles across all of our activities.


Tomasz has represented Hanseatic Capital in Poland since 2007. He has over ten years experience in corporate finance and investment industry. Before joining Hanseatic Capital, he worked at Trinity Management, a Polish private equity fund where he spent over four years as Investment Director responsible for four portfolio companies. From 1999 to 2002, he was an Associate at Arthur Andersens Corporate Finance division in Poland, where he was responsible for numerous M&A transactions and advisory services both for private and government clients. In 1998, Tomasz started his career with the largest law office in Poland, Domanski Zakrzewski Palinka, where over one year worked as a lawyer focused on tax and commercial law. During this time he was involved in numerous financing, and/or advising transactions, encompassing both sourcing and execution. Tomasz received his master degree in finance from Warsaw School of Economics, and master degree in law from Warsaw University.

Accumulation

Accumulation is the process of buying a large number of shares over a long period. Usually, moving into or out of a large number of shares all at once will cause the price of the security to change, so the shares are bought over a length of time.

Investment Bank Hired By Telekomunikacja For Sale Of Wirtualna Is Reportedly Attracting Foreign Interest

The investment bank Rothschild, hired by Telekomunikacja Polska Spolka Akcyjna for the sale of Wirtualna Polska SA, is trying to attract large international players such as Yahoo! Inc., Google Inc., Apple Inc. and Alibaba Group Holding Limited, reported Puls Biznesu daily citing no specific sources. According to market rumors o2 Portal is planning to team up with Innova Capital Sp. z o.o. to bid for Wirtualna Polska.

Neuca pharma to buy ACP Pharma for PLN 432 mln; sell retail wing for PLN 229 mln

Listed pharmaceutical distributor Neuca signed preliminary deals to buy ACP Pharma for PLN 432 mln from Mediq International, then sell off the retail segment of the firm to private equity firm Penta Investments for PLN 228.7 mln, Neuca said in a market filing.

The deal is subject to regulatory approvals which are to be secured by end-January 2014, the filing reads.

Penta Investments will offer Neuca financing for the retail part of ACP Pharma that Penta will acquire, then take over the 250 pharmacies operating under the Mediq brand, Neuca said. Following the transactions Neuca will have no retail operations, the filing showed.

The final price for ACP Pharma adjusted for the sale of its retail business will measure PLN 203.3 mln. The final price includes PLN 48.2 mln in net cash in the wholesale segment at end-2012, Neuca noted.

The wholesale part of ACP Pharma is at present the fourth-largest pharmaceuticals distributor in the country with a 7% share in the wholesale market in 2012, Neuca said in the press statement.

Tar Heel invests in Rockfin in first deal from €50m fund

Polish private equity firm Tar Heel made the first investment from its €50m Capital II fund by acquiring a 60 per cent stake in hydraulics group Rockfin.

The Chwaszczyno, Poland-headquartered company posted revenues of €32m last year.

Tar Heel is focused on the energy, modern production, green technology, IT and media and logistics sectors.

It targets companies that require funding of between PLN10m to PLN100m ($31.5m).