Integral Capital Group

Private Equity Fund Managementintegralcapgroup.com

Integral Capital Group is a Luxembourg-based private equity firm managing two CEE-focused funds (EEPI I and EEPI II) totaling ~€300M, investing €5M–€20M equity tickets into mid-market companies across healthcare, TMT, consumer, business services, and industrials in 8+ Central and Eastern European and Adria-region countries.

Company typePrivate
Founded2019
HeadquartersLondon, United Kingdom
Headcount11–50
GTM typeB2B
OfferingServices

What Integral Capital Group does

Integral Capital Group is a Luxembourg-domiciled private equity and growth capital investment firm focused exclusively on Central and Eastern Europe and the Adria region. Founded in 2019 (formerly known as Integral Venture Partners), the firm operates a hub-and-satellite office model with regional headquarters in Budapest and Belgrade, a presence in London, and satellite offices across Bucharest, Sofia, Prague and Zagreb. Its investor base comprises leading European institutions — the European Investment Fund (EIF), European Bank for Reconstruction and Development (EBRD) and International Finance Corporation (IFC) — alongside regional entrepreneurs and family offices, with EU NextGenerationEU, EFSI and COSME program capital supporting both funds.

Integral Capital Group firmographics

Firmographics

Name: Integral Capital Group
Legal name: Integral Capital Group
Website: https://integralcapgroup.com
Company type: Private
Founded year: 2019
Operating status: Operating
Headcount range: 11–50 employees
Short description: Integral Capital Group is a Luxembourg-based private equity firm managing two CEE-focused funds (EEPI I and EEPI II) totaling ~€300M, investing €5M–€20M equity tickets into mid-market companies across healthcare, TMT, consumer, business services, and industrials in 8+ Central and Eastern European and Adria-region countries.
Ownership category
akta.pro rank

Integral Capital Group industry classification

Industry

Product category: Private Equity Fund Management
NAICS: Other Investment Pools and Funds (5259)
SIC: Security Brokers, Dealers & Flotation Companies (6211)
akta.pro primary industry: Sector-Focused Venture Capital (Vertical Specialists) (FSANAAAD)

Keywords

Private equity investing
Growth capital management
Portfolio management services
Buyout transaction advisory
Fund management services

Where Integral Capital Group is headquartered

Location

Headquarters

HQ city: London
HQ country: United Kingdom
HQ region: Europe

Offices8 records

Markets served

Integral Capital Group business model

Business model

GTM type: B2B
Offering type: Services
Cost components: Personnel, Operations, Infrastructure, Marketing or Sales, Technology or R&D

Revenue model

Private Equity Fund Management: Generates revenue through management fees on committed capital and carried interest (performance fees) on investment returns. Fund I closed in 2020, Fund II achieved first close in December 2024 targeting €150M.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Integral Capital Group product offering

Product offering

Core offering

Integral Capital Group is a Central and Eastern Europe-focused mid-market private equity and growth capital investment firm that advises and manages institutional capital through two funds, EEPI I (vintage 2020, EUR 150M hard cap, SFDR Article 6) and EEPI II (vintage 2024, EUR 150M target, SFDR Article 8). It acquires majority stakes in companies with enterprise values of €10M–€100M, deploying €5M–€20M per deal across healthcare, TMT, consumer, business services and niche industrials in CEE and the Adria region.

Product overview

Integral Capital Group operates as a private equity and growth capital investment platform managing two distinct funds: EEPI I (launched 2020) and EEPI II (launched 2024). The funds invest in mid-market companies across Central and Eastern Europe, with investment criteria ranging from €10M-100M enterprise value and €5M-20M ticket sizes, targeting 2-3 deals per year. The portfolio includes healthcare companies (MindentMent dental clinics, Embryos IVF clinic), telecommunications (Bulsatcom), education technology (Codecool), and specialty manufacturing (LuminoChem).

Differentiator

Problem solved

Functional benefit

Products and services

Evolving Europe Principal Investments I (EEPI I) First private equity fund managed by Integral Capital Group, classified as SFDR Article 6. Focuses on mid-market companies in Central and Eastern Europe across TMT, healthcare, consumer, business services and niche industrials sectors, executing majority-stake buyouts and growth equity investments.
Evolving Europe Principal Investments II (EEPI II) Second private equity fund managed by Integral Capital Group, classified as SFDR Article 8. Targets mid- and small-market companies across CEE and the Adria region with majority-stake buyouts and growth equity investments. Carries an enhanced ESG focus versus the firm's debut fund.

Quantifiable outcome

€3 billion+ in transactions executed in the region
+2 more outcomes

Companies that use Integral Capital Group

Customer profile

Named customers14 records

Segments8 records

Ideal customer profiles2 records

Integral Capital Group technology and API

Technology

Technology focussed No

API detail

Has API: No
API docs
API detail

Core technology

AI maturity

App detail

Integral Capital Group partnerships and signals

Strategic signal

Scale indicators6 records

Recent moves9 records

Expansion highlights5 records

Integral Capital Group competitors and assessment

Company assessment

Direct peers

Mid Europa Partners: One of the largest CEE-focused mid-market PE firms and a prior employer of multiple Integral partners. Comparable in regional focus, sector breadth (healthcare, TMT, consumer, industrials) and mid-market buyout strategy.
Innova Capital: CEE mid-market PE firm investing across Poland, the Baltics and CEE. Comparable by mid-market ticket size, sector-agnostic approach and institutional LP base.
Argus Capital Group: Budapest-based PE firm focused on CEE mid-market opportunities. Highly comparable by geography (Hungary-CEE focus), ticket size and growth-capital orientation.
Abris Capital Partners: Warsaw-based PE firm investing in mid-market companies across Central Europe and the Baltics. Directly comparable in ticket size, sector mix and growth/buyout orientation.
Resource Partners: CEE-focused mid-market PE firm investing in Poland and the wider region. Closely comparable in target deal size, sector verticals and growth-buyout hybrid approach.
MCI Capital: Polish-headquartered PE/VC investor active across CEE with both growth and buyout strategies. Comparable regional footprint and investment-stage orientation, though with a heavier tech tilt.
Enterprise Investors: One of the longest-established CEE PE managers, deploying mid-market capital across Poland and the broader region. Comparable by geography, fund structure and sector-agnostic mid-market strategy.

Emerging players

CEE Equity Partners (CEEP): Emerging CEE mid-market PE platform with overlapping regional focus. Comparable in size and stage, with similar growth-buyout hybrid strategies across the Adria and CEE region.

Regional players

BlackPeak Capital: Sofia-based growth capital firm investing in South-Eastern European mid-market companies. Comparable by deal size and geography (Bulgaria/SEE), though more growth-than-buyout focused.

Broad incumbents

Advent International: Global mid-market PE firm with an active CEE/Adria investment program. Competitor for larger mid-market deals in the same geographies and sectors as Integral.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

Integral Capital Group compliance and trust

Trust signal

Compliance2 records

Integral Capital Group financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Integral Capital Group leadership team

Management profile

Number of profiles

Profiles6 records

Integral Capital Group funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Integral Capital Group M&A and investment

M&A and investment

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Integral Capital Group

What does Integral Capital Group do?

Is Integral Capital Group a public or private company?

Integral Capital Group is a private company. It is classified as founder individual operated bootstrapped and is currently operating.

When was Integral Capital Group founded?

Integral Capital Group was founded in 2019. It employs 11 to 50 people.

Where is Integral Capital Group based?

Integral Capital Group is headquartered in London, United Kingdom, in the Europe region.

How does Integral Capital Group make money?

One revenue line is on record: private Equity Fund Management.

Who are Integral Capital Group's main competitors?

Direct peers on record are Mid Europa Partners, Innova Capital, Argus Capital Group, Abris Capital Partners, Resource Partners, MCI Capital and Enterprise Investors. CEE Equity Partners (CEEP) is listed as an emerging player. BlackPeak Capital is listed as a regional player. Advent International is listed as a broad incumbent.

Does Integral Capital Group have an API?

No public API is recorded for Integral Capital Group.

What industry is Integral Capital Group in?

Integral Capital Group's product category is Private Equity Fund Management. Its primary akta.pro industry code is FSANAAAD, Sector-Focused Venture Capital (Vertical Specialists). Its NAICS code is 5259 and its SIC code is 6211.