Advent International prepares to invest EUR 1 billion

Advent will make about 15 acquisitions worth €30-100 million each from the fund. "We are already in talks with several Polish companies," said Monika Morali-Efinowicz, head of Advent's Polish operation, adding: "We are focusing on high-growth sectors such as healthcare, retail, manufacturing, telecommunications and business services". The new fund is Advent's fourth focused on CEE. The three earlier funds invested in 35 companies, including Euronet, Star Foods, Radio Zet, Bolix and Ultimo. Advent is targeting companies in need of restructuring or funds for growth. Many of its companies started foreign expansion following their acquisition by Advent. (Puls Biznesu, p. 7)