Fund profile / Croatia

Provectus Capital Partners SEE Fund II

Geography: Croatia
Stage: Growth
Fund size: €162.5M
Focus: Consumer & Commerce and Digital Health
Signals: Published

N°01 / About

About Provectus Capital Partners SEE Fund II

Healthcare, technology, consumer, business services, high-growth and fragmented sectors in Southeast Europe. Growth buyouts, "Buy & Build" strategy (equity tickets €15-25M per platform).

N°02 / Thesis

Investment Focus

Location / RegionCroatia

Funding StageGrowth

Industry Focus

Consumer & Commerce

Digital Health

Investor Signals Profile

active

Sweet Spot

Profitable SEE business owner seeking PE partner for regional expansion

SEE private equity

healthcare buy-and-build

€15-30M tickets

fragmented sector consolidation

operational value creation

Bullish Signals

€280M+ capital raised, 9 portfolio companieswebsite

40+ add-on acquisitions completed successfullyexternal

Fund II first deal closed Feb 2026external

Fundraising of the Year 2025 awardexternal

9 portfolio companies across 4 sectorswebsite

Strong healthcare buy-and-build track recordwebsite

New ophthalmology platform launched 2026external

Igor panel speaker Apr 2026 Vienna PE eventexternal

Arsano acquired Prima Nova Dec 2025external

ADG: 12 clinics, 700+ staff, 55K patientswebsite

Vetti: largest vet group in Croatia/regionwebsite

DSD: 70K+ radiology services/year, Sloveniawebsite

Arsano: 100K+ patients, leading Adria groupwebsite

Keindl Sport: 7 stores, omnichannel bikeswebsite

Haelan Bulgaria healthcare platform addedwebsite

Seatbelt occupational health Romania platformwebsite

Burra Group technology services consolidatorwebsite

Three offices covering SEE region expansionwebsite

Haelan: largest outpatient network Bulgariawebsite

Seatbelt: regulatory expertise, tech-enabledwebsite

Burra: specialized IT domain expertise platformwebsite

Dr. Balog: ophthalmology SEE platform foundationwebsite

Partnership, teamwork, integrity core valueswebsite

Tailored strategic guidelines & M&A supportwebsite

Contrarian Signals

Niche geography limits deal volumeexternal

Heavy healthcare sector concentration riskexternal

Small team for multi-country coverageexternal

Geopolitical uncertainty in SEE regionexternal

Founder Do's

Profitable, established business in fragmented sector

Open to PE partnership & governance upgrade

Healthcare, Tech, Consumer, Business Services focus

Based in South Eastern Europe (multi-country)

Ready for M&A-driven regional expansion

Founder Don'ts

Early-stage or pre-revenue startups

Outside SEE geography

Resistant to hands-on operational involvement

53 signals on Provectus Capital Partners SEE Fund II

24 bullish · 4 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€162.5M

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

Una SavićDirector – Investor Relations

Cosmin ComsaDirector – Romania

Georgi TsonevDirector – Bulgaria

Luka CertićDirector

Borna KrištovićPrincipal

Toma HaffnerSenior Analyst

Hristiyan NedkovSenior Analyst

Ivo DivizićSenior Analyst

Antonija Radoš ŠimacOffice Manager

Željka LušičićOffice Administrator

N°04 / See also

Related Funds

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Location: Croatia
Stage: Growth
Focus

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AYMO Growth Fund I

Fund size€52M

Location: Croatia
Stage: Pre Seed
Focus: Saas
Manager: Silvije Radišić, Nikola Livaković, Ratko Jović

Pre Seed

Saas

Croatian Growth Investment Programme

Fund size€100M

Location: Croatia
Stage: Growth
Focus

Growth