General

EMSA Capital focuses exclusively on special situations in Central and Eastern Europe. EMSA Capital is a private equity firm investing in underperforming, distressed and other special situation companies across Central and Eastern Europe. We take an active role in our investments in order to improve their performance for the benefit of shareholders and other stakeholders.

In particular, we invest in:

  • Direct control equity investments
  • Non-performing debt instruments
  • Stranded or end-of-life regional private equity funds
  • Other special situations, including: 
    • non-core divestitures
    • strategic bankruptcies
    • shareholder disputes and
    • unsuccessful mergers and expansions

Our focus is on improving operations and enhancing business and financial strategy of our investments. We create value by effectively applying our tested and successful restructuring and performance improvement methods. In the funds EMSA Capital has managed, operational improvements accounted for a large majority of the value created.

Our experience in the region evolved from the manager of large World Bank and USAID projects (1992-1997) to interim manager of underperforming companies (1997-2002) to manager of stranded private equity funds (2002-2007).

EMSA Capital has access to a wide network of turnaround and restructuring capabilities in the United States and Europe and can draw on additional resources on as needed basis.