| Investor Type | Firm |
| Type of Fund | VC |
| Industries | Other • IT (& TMT) • Businesses Solutions • Energy • Entertainment (& Sports) • CleanTech • HealthTech (& Fitness) • Logistics (& Distribution) |
| Stages | Startup, Early Stage, Expansion, Later Stage, MBO/LBO, Consolidation, Privatization |
| Investing | Europe • Estonia • Lithuania |
| Investment Range | €1,000,000 - €20,000,000 |
| Assets Under Management | €400,000,000 |
BaltCap is the largest private equity fund manager in the Baltic states, aiming to build business champions that enhance the quality of life in their societies. With over 25 years of track record, they have made more than 120 platform investments and have raised around 900 million euros in capital, leading to over 70 exits. Their investment approach includes a Buy&Build strategy that has historically tripled revenue and quadrupled EBITDA growth.
BaltCap operates various funds focusing on different strategies such as buyout, growth, and infrastructure. Their buyout fund targets local market leaders with an intent to create internationally recognized businesses, while their growth fund is directed at fast-growing companies with established and profitable business models. The infrastructure fund concentrates on investments that support the mitigation of climate risks, with a primary focus on development capital for transport, energy, and education infrastructure projects in the Baltics and Poland.
BaltCap's portfolio spans diverse industries including business and financial services, consumer digital, education, electric utilities, healthcare, industrial, logistics, municipal infrastructure, renewable energy, software platforms, and TMT. Prudent in their actions and informed about the industries they invest in, BaltCap values building strong partnerships and operating with high ethical standards. They specialize in startup, early stage, expansion, later stage, MBO/LBO, consolidation, and privatization, and are recognized for their expertise in equity with investment sizes ranging from 1 million to 20 million euros.
With assets under management around 400 million euros, BaltCap's geographic reach includes Estonia, Latvia, Lithuania, and Poland, as they continuously seek to realize their vision in the Baltic marketplace.









