HORIZONTE VENTURE MANAGEMENT GMBH

Horizonte Venture Management (“Horizonte”) is a leading private equity firm in Southeastern Europe. Established in 1985 it is the oldest Venture Capital firm of Austria. Recognizing early the economic potential after the fall of the Iron Curtain and capitalizing on the old tradition and reputation of Austria in the region the firm soon expanded its investment territory to the former countries of Yugoslavia. Horizonte has been active in Slovenia since 1994 and has since then gradua... lly invested into companies in the whole region of former Yugoslavia. Today the company has offices in Ljubljana, Vienna and Sarajevo with a possible expansion into Serbia being actively considered. So far Horizonte has invested in 35 companies in the region and has achieved an average multiple of 2.8 on 10 companies sold. Currently Horizonte has four funds under management with total committed capital of € 63 million. Horizonte has always been cooperating closely with local banks and financial institutions thus leveraging the equity with bank loans and leasing facilities. So far € 175 million have been contributed by banks to finance investments, acquisitions and working capital of Horizonte’s portfolio companies.More