Innova Capital completed the acquisition of a minority stake in CS Group Polska.

Innova Capital, a Central European private equity firm completed the acquisition of a majority in CS Group Polska, one of the online marketing services suppliers for the small and medium enterprises sector. Financial terms were not disclosed. Innova Capital Funds are in the final stages of negotiations for a majority stake in CS Group Polska. The transaction exposes the fund to an attractive and growing online advertising market. Innova Capital is interested in further consolidation of the web marketing services market for small and medium enterprises both in Poland and abroad.