PRIVATE EQUITY MANAGEMENT
Royalton team has been investing in Central Europe since 1991 providing 120 years of combined asset management experience.
The core of Royalton Partners’ strategy is to focus on non-tradable sectors. Businesses in these sectors primarily service local markets and are not as exposed to international trade.
We incentivize management with equity ownership programs to create shareholders value and assist them in strategic decisions.
Royalton Partner’s management team has been investing together for over 27 years and is focused on the management of illiquid assets held in closed and open-ended fund structures, including private equity, real estate and infrastructure.
SPECIALIST IN NON-TRADABLE SECTORS
The core of Royalton Partners’ strategy is to focus on non-tradable sectors.
Businesses in these sectors primarily service local markets and are not as exposed to international trade. Consequently, these sectors are relatively immune from international competition, benefit from increased pricing power as price levels in the Region converge with price levels in the EU generally, and gain as these sectors grow to a size relative to the local economy (as a percentage of GDP) comparable to their Western European counterparts.
Royalton seeks to invest in companies with strong management teams, solid cash flows and a leading market share or control of a defined market niche.
On selective basis, Royalton may also invest in undervalued and underperforming companies that need restructuring.
HANDS-ON APPROACH
Royalton has developed a disciplined investment process based on its extensive portfolio management experience
- Analyze investment opportunities in a European context
- Identify opportunities in non-tradable sectors
- Take only control positions
- Align management through the granting of options or the sale of discounted shares
- Assist management on a daily basis providing international perspective and ensuring strategic focus
Royalton does not confine its strategy to any business sector or group of sectors however examples of industries were Royalton made successful investments in the past are: financial services, media, education, retailing, green energy, transportation, IT, telecommunications and environmental services.
SPECIALIZING IN CEE REGION
The EU convergence process continues to present an exceptional investment opportunity in the most economically dynamic region of European Union.
Under its Central East European Private Equity Management business, Royalton Partners manages Royalton Capital Investors II, a Guernsey law private equity fund established in 2007, which holds regional investments in Central Eastern Europe and has highly reputable institutional investors.
Previously, Royalton Partners also managed Royalton Capital Investors LDC, a 2000 vintage private equity fund, which acquired six investments in the same region. Over the years, Royalton Partners has produced superior investment returns – Royalton Capital Investors LDC achieved a 3.2x multiple and 23.5% gross IRR on realized investments. To date, the Royalton Partners team has deployed over USD 370 million of capital in the region.
OUR INVESTMENT PORTFOLIO
POLAND
Vratislavia Holdings
Real estate
Poland
2004-Present
mPunkt Polska SA
Development capital
Poland
2002-2010
KOM-EKO S.A.
Leveraged buy-out
Poland
2011-Present
City Parking Group
Development capital
Poland
2009-2017
HUNGARY
Allami Nyomda Rt.
Leveraged buy-out
Hungary
2000-2006
Lang Kiado & Holding Rt.
Leveraged buy-out
Hungary
2000-2008
Ella Bank
Development capital
Hungary
2002-2007
SLOVENIA, CROATIA, TURKEY
IUS Legal and Business Solutions
Buy-out, expansion capital
Slovenia, Croatia and Turkey
2011-Present
ESTONIA
Starman AS
Buy-out, expansion capital
Estonia
2000-2007
LITHUANIA
Litcargus
Leveraged buy-out
Lithuania
2011-Present
CZECH REPUBLIC
EPG (Energy Power Group)
Infrastructure, development capital
Czech Republic
2010-Present
ROMANIA
CertAsig S.A
Development capital
Romania
2007-Present