Innova Capital

Innova Capital pursues a mid-market buyout strategy in Central and Eastern Europe, seeking controlling stakes in companies typically below €150 million in enterprise value. Its core markets are Poland and Romania, with additional activity across the broader CEE region. The firm invests across consumer, industrial, and business services sectors, often targeting succession-driven transitions, corporate carve-outs, and growth capital opportunities.

The firm's three-decade presence in Poland and the CEE region underpins a sourcing model built on relationships with local entrepreneurs, family-owned businesses navigating succession, and corporates divesting non-core subsidiaries. Innova's long track record and regional brand recognition often position it as a preferred buyer for owners seeking a partner with deep local operating experience rather than a global financial sponsor new to the market.

Innova/6 SCA SICAV is the firm's sixth flagship private equity fund and its current active deployment vehicle. It has completed platform investments including OSHEE, a functional beverage brand exited in 2026, and Prime Label Group, which continues to execute a buy-and-build strategy via add-on acquisitions such as Arti-Bau in 2026 (per the firm, 2026). The fund continues to invest in mid-market CEE companies.

Innova Capital targets controlling equity stakes as its core model, consistent with its buyout strategy. This control orientation allows the firm to drive operational improvements, strategic repositioning, and add-on M&A programs directly with portfolio company management teams. There is no public indication that the firm actively pursues passive minority positions.

The firm pursues exits through trade sales to strategic buyers or larger financial sponsors, as illustrated by the sale of OSHEE to Mid Europa Partners in 2026 after a roughly seven-year holding period. Innova's value-creation approach — operational scaling and acquisition-led consolidation — is designed to produce businesses that are attractive targets for both international corporates seeking CEE exposure and larger private equity funds executing regional buyout strategies.