Investment Intelligence provides up-to-date private equity information and news designed for entrepreneurs, private equity investors and corporate acquirors interested in Central & Eastern Europe.

TA Associates

Possibility of AVG IPO Raised by Enterprise Investors

Late last week Polish investment firm Enterprise Investors raised the possibility that AVG, the Czech security software firm in which EI is the largest shareholder, could be listed on the Warsaw bourse next year. Citing AVG's importance to the CEE region, EI's Dariusz Pronczuk indicated the firm's desire to have the company listed on a local stock exchange. Should the plans come to fruition, AVG could possibly be the largest IT Company on the Warsaw Stock Exchange while also being listed on either the New York or London Stock Exchange.

TA Associates Invests in AVG Technologies

In one of the largest private equity deal for CEE this year, Boston's TA Associates has acquired a 25% stake in AVG Technologies, the Czech computer security software developer. The USD 200 million acquisition was made through the purchase of proportional shares from all current shareholders.