ROCA Investments attracts 100 million RON, aims to become ‘regional champion’
ROCA Investments, a brand founded by Impetum Group, completes a new round of capital increase, attracting 100 million RON for the consolidation and sustainable development of the portfolio. The capital raised will be used for the development and scaling of the existing portfolio, with a focus on the two strategic economic sectors in which ROCA Investments has specialized: industry and agriculture. ROCA’s strategy is based on the buy and build model, whose sustainable development plan is based on modernization and development of competitive products with high added value.
“We thank all the investors who, through this contribution, have validated our performance to date, showing their confidence in our development vision and business model. They have the historic opportunity to contribute to the development of private equity activity in Romania, to the development of Romanian companies and brands with prospects of becoming regional champions. We estimate that in 2023 we will exceed the valuation of 500 million RON, and our promises to investors remain healthy growth, transparency, and risk granularity. In a difficult year, we are counting on strategies that will lead to the improvement of the performance indicators at the portfolio level and the preservation of the average annual return of 30 percent, as until now,” says Rudolf Vizental, CEO and co-founder of ROCA Investments.
The estimated valuation for the end of 2023 is double the previous estimate of 2022, with the current capital increase contributing 30 percent to it. In just 5 years since its launch, when it started with an initial capital of 22.5 million lei, ROCA Investments has become the most active private equity company on the market.
Currently, the ROCA portfolio includes 15 active companies, with a cumulative turnover of over 1.35 billion lei and approximately 2,000 employees, mainly concentrated in two holding companies: the Roca Industry holding company and the Roca Agri RDF agricultural holding company. The companies in the ROCA portfolio operate in 13 counties in Romania, some of which are already players at the European level, from the perspective of sales markets. Additionally, two companies from the construction holding operate in the Republic of Moldova.
ROCA Investments is a brand founded by Impetum Group, a private equity company with a specific majority shareholder, specialized in taking over medium-sized entrepreneurial companies and transforming them into performers in the strategic sectors in which they operate. ROCA applies a transformational and consolidation strategy, with the aim of offering portfolio companies the prospect of becoming regional leaders in their sectors of activity, in the context of an approach centered on sustainability.