TPAG
TPAG is a Prague-based private investment firm deploying over €50 million in AUM across corporate private equity, turnaround and distressed acquisitions, and direct lending for lower mid-market companies in the CEE and DACH regions, with a portfolio spanning consumer goods, retail, and digital media.
- Company typePrivate
- Founded-
- HeadquartersPrague, Czechia
- Headcount1–10
- GTM typeB2B
- OfferingServices
What TPAG does
TPAG is a privately held investment company headquartered in Prague, Czech Republic, founded in 2024 to deploy capital across Corporate Private Equity, Turnaround and Distressed Acquisitions, Direct Lending, and Private Credit strategies. The firm targets lower mid-market and mid-market companies primarily in the CEE region with main focus on the Czech Republic and Slovakia, and broader DACH coverage, executing investments between €2 million and €20 million in traditional industries with higher added value and stronger margins. Assets under management exceed €50 million, sourced from a globally diversified investor base of corporations, family offices, and entrepreneurs who co-invest alongside the firm.
The firm generates revenue primarily through management fees on AUM exceeding €50 million, with carried interest potential on exits from portfolio holdings. Current portfolio companies include EDH (LED technology for OOH digital displays), EUDI (OOH advertising in transportation networks), Töpfer GmbH (organic baby food and natural cosmetics in Germany), and Pilulka (pharmacy retail in Czech Republic and Slovakia). TPAG's go-to-market is relationship-driven: direct origination, investment network referrals, and participation in CEE/DACH industry events, targeting businesses where the firm can drive revenue growth, operational efficiency, or margin enhancement.
TPAG is led by Managing Director Tom Procházka (Harvard Economics/Finance, prior Deloitte and Goldman Sachs experience, founder of EUDI), CFO Vladimír Rožát (25+ years at KPMG, Celesio AG, and Dr. Max), and Special Situations CEO Petr Mandl focused on turnaround and restructuring, supported by two investment managers, an analyst, and a junior operations associate. The firm operates a co-investment partnership with TCF Capital (Tomáš Čupr's investment fund) and has built a geographically concentrated but sector-diversified portfolio across consumer goods, retail, media technology, and pharmaceutical distribution within its first operational year.
TPAG firmographics
Firmographics- Name
- TPAG
- Legal name
- TPAG
- Website
- https://tpag.eu
- Company type
- Private
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- TPAG is a Prague-based private investment firm deploying over €50 million in AUM across corporate private equity, turnaround and distressed acquisitions, and direct lending for lower mid-market companies in the CEE and DACH regions, with a portfolio spanning consumer goods, retail, and digital media.
- Ownership category
- akta.pro rank
Where TPAG is headquartered
LocationHeadquarters
- HQ city
- Prague
- HQ country
- Czechia
- HQ region
- Europe
Offices1 record
Markets served
TPAG business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Others
Revenue model
- Assets Under Management (AUM) Fees: TPAG manages a series of investment vehicles dedicated to corporate private equity, co-investments, syndicated loans, and direct lending. Revenue is generated through management fees on AUM exceeding €50 million.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels3 records
TPAG product offering
Product offeringCore offering
TPAG is a private investment firm that deploys capital through Corporate Private Equity, Turnaround & Distressed Acquisitions, Direct Lending, and Private Credit vehicles targeting lower mid-market and mid-market companies in the CEE and DACH regions. It manages more than €50 million in assets, with typical transaction sizes of €2–€20 million, and seeks businesses with strong margins where it can drive revenue growth, operational efficiency, or margin enhancement.
Product overview
TPAG is a leading investment company offering a unified platform of investment vehicles focused on Corporate Private Equity, Turnaround & Distressed Acquisitions, Direct Lending, and Private Credit strategies. The investment strategies operate as interconnected offerings under a single firm, with assets under management exceeding €50 million. TPAG manages investments in the CEE and DACH regions targeting small to mid-cap private equity investments between €2 to €20 million. The firm maintains a portfolio of companies including EDH (LED technology for digital displays), EUDI (OOH advertising in transportation networks), Töpfer GmbH (organic baby food and cosmetics), and Pilulka (pharmacy retail), representing acquisitions and co-investments across technology, media, consumer goods, and retail sectors.
Differentiator
Problem solved
Functional benefit
Products and services
- Corporate Private Equity Investment strategy focusing on the CEE and DACH regions with emphasis on lower mid-market and mid-market segments, targeting high-value businesses with strong margins for revenue growth, operational efficiency, or margin enhancement.
- Turnaround & Distressed Acquisitions Investment framework specializing in restructuring, turnaround, and distressed buyout space, providing innovative financial solutions for distressed asset acquisitions, operational revitalization, and value recovery strategies.
- Direct Lending Bespoke senior and subordinated debt financing solutions for privately-owned businesses, real estate development projects, and acquisition opportunities within the European lower mid-market and mid-market segments.
- Private Credit Flexible financing solutions tailored primarily for the real estate sector, supporting property acquisitions and refinancing needs.
Companies that use TPAG
Customer profileNamed customers4 records
Segments3 records
Ideal customer profiles4 records
TPAG technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
TPAG partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core.
- TCF CapitalcorePartnership with TCF Capital (Tomáš Čupr's investment fund) for co-investment in portfolio companies. TPAG and TCF Capital jointly acquired Töpfer GmbH and provided structured financing to support the acquisition of Pilulka pharmacy retailer.
- EUDIcoreEUDI is a portfolio company where TPAG's Managing Director Tom Procházka also serves as Founder/CEO. EUDI provides advanced Out-of-Home (OOH) advertising solutions to underground transportation systems.
Scale indicators4 records
Recent moves6 records
Expansion highlights6 records
TPAG competitors and assessment
Company assessmentRegional players
- Deutsche Beteiligungs AG (DBAG): Frankfurt-listed mid-market PE manager focused on DACH-region companies. Comparable to TPAG on DACH geographic exposure and lower mid-market focus, though materially larger AUM.
Direct peers
- Mid Europa Partners: Leading CEE-focused private equity firm making control investments in mid-market companies across the region. Comparable to TPAG on geography and buyout orientation, though typically at a larger AUM scale.
- Abris Capital Partners: Warsaw-based PE manager focused on mid-market buyouts across CEE. Comparable to TPAG on regional focus, traditional-industry preference, and mid-market control transactions.
- Jet Investment: Czech-based private equity firm focused on lower mid-market companies in the CEE region with strong operational/value-creation orientation. Directly comparable to TPAG on geography, deal-size sweet spot, and traditional-industry thesis.
- Enterprise Investors: Polish PE manager (part of PFR) investing across CEE mid-market with both PE and growth strategies. Comparable to TPAG on CEE geographic focus and mid-market deal sizing.
- Genesis Capital: Prague-headquartered mid-market PE firm investing in Czech and CEE businesses. Closest direct peer to TPAG by geography, segment focus, and team-based investing approach.
- Resource Partners: CEE-focused mid-market private equity firm making control investments in established, traditional businesses. Comparable to TPAG on lower mid-market thesis, CEE concentration, and operational value-add orientation.
- Benson Oak: Prague-headquartered private equity firm with Czech and broader CEE mid-market focus. Comparable to TPAG on geography, deal size, and operational orientation.
- CAPZA: European mid-market private equity and private debt platform with direct lending and special situations strategies. Comparable to TPAG on the integrated PE plus direct-lending model targeting European mid-market.
- Avallon MBO: Warsaw-based PE firm specializing in management buyouts and turnaround/distressed situations in CEE mid-market. Highly comparable to TPAG on distressed/turnaround specialty and CEE focus.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
TPAG social profiles
Digital presenceTPAG financial estimates
Financial estimateRevenue estimate
Valuation estimate
TPAG leadership team
Management profileNumber of profiles
Profiles7 records
TPAG subsidiaries and ownership
Company hierarchySubsidiaries4 records
TPAG funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
TPAG M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about TPAG
What does TPAG do?
TPAG is a private investment firm that deploys capital through Corporate Private Equity, Turnaround & Distressed Acquisitions, Direct Lending, and Private Credit vehicles targeting lower mid-market and mid-market companies in the CEE and DACH regions. It manages more than €50 million in assets, with typical transaction sizes of €2–€20 million, and seeks businesses with strong margins where it can drive revenue growth, operational efficiency, or margin enhancement.
Is TPAG a public or private company?
TPAG is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was TPAG founded?
TPAG was founded in -1. It employs 1 to 10 people.
Where is TPAG based?
TPAG is headquartered in Prague, Czechia, in the Europe region.
How does TPAG make money?
One revenue line is on record: assets Under Management (AUM) Fees.
Who are TPAG's main competitors?
Deutsche Beteiligungs AG (DBAG) is listed as a regional player. Direct peers are Mid Europa Partners, Abris Capital Partners, Jet Investment, Enterprise Investors, Genesis Capital, Resource Partners, Benson Oak, CAPZA and Avallon MBO.
Does TPAG have an API?
No public API is recorded for TPAG.