Eastern European Think

1
Eastern European Think Act Tank
ConferenceMAs and Private Equity in CEE

• Pete Chatziplis, CFA, ACCA, CF
• 3 West Club, New York
• April 24, 2008

2
Topics

• Global MA activity
• MA trends in Europe
• MA and Private Equity activity in CEE
• CEE Private Equity Outlook
• War Stories

3
Top 2007 Deals Globally
4
Main PE buyouts in CEE (2007)

• Targets Buyers Price( m) Sector
• Bulgarian Telecom (BTC) AIG Capital Partners
  1,080 Telecoms
• Bite Group (Baltics) MidEuropa Partners
  450 Telecoms
• Lattelecom (Latvia) Blackstone 425
  Telecom
• Antenna Hungaria TPG/Axa/Charterhouse
  327 Telecoms
• SBB Kablovkse (Serbia) Mid Europa Partners
  170 Cable TV/ISP
• Zabka Polska (Poland) Penta Investments
  131 Retail
• UAB Palink (Lithuania) CVCI 113 Food
  retail
• Expander (Poland) Innova Capital 115 FSI
• SC Digital Cable (Romania) AIG Capital Partners
  45 Video Trsm.
• Grupa Jaan/Nordglass Enterprise Investors
  82 Manufg
• Komfort (Poland) Enterprise Investors
  64 Retail

Central European Private Equity Confidence
Survey, Deloitte, January 2008 and June 2007.