PEManagers invests in GetTaxi

MCI.TechVentures 1.0, one of the sub-funds controlled by Private Equity Managers (PEManagers) has taken over a minority stake in GetTaxi worth $20 million, the ISBnews agency reported. GetTaxi is a leader of European demand-responsive transport and world's leader in the B2B segment. "The company is the largest player in the market outside the US, it has a leading position on the European markets. ... It has grown by 300 percent annually and everything indicates that it is able to maintain the pace," said Maciej Kowalski from PEManagers.

Investment funds controlled by PEManagers invest in fast-growing firms from the technology sector of the CEE region.