The investment is part of a $35 million Series B round co-led by BlackPeak Capital, Cogito Capital, and Taiwania Capital, with existing investors including Almaz Capital, EBRD, and Ray Stata.
BlackPeak Capital's first direct investment in Croatia, backing a materials innovator at the forefront of the shift from conventional plastics to renewable alternatives.
This marks the first private equity investment in Romania’s senior care sector, underscoring both the sector’s growing importance and Affinity’s unique position in the market.
For BlackPeak Capital, this transaction also marks a successful first exit from the Southeast Europe Growth Equity Fund I (2021) - a partnership that began in 2022 with a shared vision for building a regional leader in e-commerce logistics.
BlackPeak Capital is a private equity firm focused on growth equity investments in Southeast Europe. Black Peak is the highest peak of Vitosha mountain near Sofia, Bulgaria’s capital.