Fund profile / Croatia

PCP SEE Fund II

Geography: Croatia
Stage: Series B
Fund size: €163M
Focus: Consumer & Commerce, Digital Health and Enterprise Software
Signals: Published

N°01 / About

About PCP SEE Fund II

Croatia's growth-buyout fund targeting market-leading firms in SE Europe (healthcare, tech, consumer) with equity tickets of ~€15-25M.

N°02 / Thesis

Investment Focus

Location / RegionCroatia

Funding StageSeries B

Industry Focus

Consumer & Commerce

Digital Health

Enterprise Software

Investor Signals Profile

active

Sweet Spot

Profitable SEE SME owner seeking PE partner €15–30M

SEE private equity

healthcare consolidation

buy-and-build

€15–30M tickets

profitable SMEs

Bullish Signals

€280M+ raised, 3 offices, 10 portfolio companiesexternal

Fund II first close + first deal completedexternal

Won Fundraising of Year 2025 award recognitionexternal

10 portfolio cos manage 1700+ employees combinedexternal

Regional expansion into Romania & Bulgaria officesexternal

Ophthalmology platform launch, regional healthcare playexternal

Arsano acquired Prima Nova Dec 2025, consolidatingexternal

Haelan Bulgaria healthcare, largest outpatient networkexternal

Seatbelt Consulting leading occupational health Romaniaexternal

Burra Group technology services consolidation platformexternal

Vetti Group largest veterinary network CEE regionexternal

DSD Slovenia 70K+ radiology services annually, leadingexternal

Adria Dental Group 55K patients, 240K procedures/yrexternal

Keindl Sport omnichannel bicycles, 7 stores + webshopexternal

Igor panelist Lider Financial Forum Apr 2026external

Arsano 100K+ patients annually, Adria region leaderexternal

Portfolio strategic guidelines, M&A support, governanceexternal

Partnership + teamwork + integrity core valueswebsite

Hands-on ops support + deep sector expertise modelwebsite

Contrarian Signals

Niche SEE geography limits deal sourcing velocityexternal

Heavy healthcare concentration risk in portfolioexternal

PE-only strategy excludes VC/early-stage foundersexternal

Founder Do's

Operate in Healthcare, Tech, Consumer, Business Services

Based in South Eastern Europe

Profitable with growth potential

Open to hands-on operational support & governance

Seeking expansion capital, M&A, or consolidation play

Founder Don'ts

Early-stage or pre-revenue startups

Outside SEE geography

Unwilling to share governance or partner with PE

47 signals on PCP SEE Fund II

19 bullish · 3 contrarian · 5 pitch do's · 3 don'ts · 17 GP profiles, each with its source. From €9/month, cancel anytime.

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Facts

Fund Overview

Fund Size€163M

Saves0

Website

People

Key People

Igor Čičak

Igor ČičakManaging Partner & CEO

Marko GalićPartner

Ivan DujmovićPartner

Silvijo RadušićManaging Director

Sinja Gerić SattlerCFO

Mislav MedvedManaging Director

Sanja Ančić ĆurkovićDirector – ESG & Portfolio

Luka CertićDirector

Una SavićDirector – Investor Relations

Borna KrištovićPrincipal

Cosmin ComsaDirector – Romania

Georgi TsonevDirector – Bulgaria

Toma HaffnerSenior Analyst

Hristiyan NedkovSenior Analyst

Ivo DivizićSenior Analyst

Antonija Radoš ŠimacOffice Manager

Željka LušičićOffice Administrator

N°04 / See also

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