Morphosis Capital

?? 2024 was a defining year for Morphosis Capital, marked by remarkable growth and strategic milestones. ??The combined turnover of our portfolio companies reached ???? ?????????????? ??????????, reflecting a ????% ???????????????? compared to 2023, while their EBITDA ?????????????????? ???? ????%, to ???? ?????????????? ??????????. These achievements highlight the strength of the development strategies employed by our companies, reinforcing the solid growth trajectory of the Morphosis Capital portfolio. ?? The comparative data includes the performance registered by the companies currently in the portfolio of Morphosis Capital Fund I – DocProcess, Medima Health, EMI Group, Cronos Med, and Stay Fit Gym Romania – as well as the results of Mark Twain International School, which is part of the Morphosis Capital Fund II portfolio. ??? "The 2024 results not only validate the potential of these businesses but also reflect our commitment to supporting entrepreneurial companies through growth capital and solid expertise that contribute to fulfilling the founders’ vision. We aim to replicate this model in other markets in the region, helping local entrepreneurs become European leaders in their industries,” said Andrei Gemeneanu, Managing Partner of Morphosis Capital. ?? We extend our gratitude to the entire Morphosis team, the visionary entrepreneurs in our portfolio, the dedicated employees in these companies, and all our partners and investors who have made these outstanding results possible. Your trust and commitment drive our continued success and inspire us to reach even greater heights. ?? Discover more about our portfolio companies' 2024 financial and operational performance here: https://lnkd.in/dkWNaB6K ???? This operation is funded by the European Union – NextGenerationEU with the financial backing of the Government of Romania under the Romania Recovery Equity Fund and benefits from support from the European Union under the InvestEU Fund. ? #Morphosis #2024activity #PrivateEquity #Investment #Growth #Entrepreneurship

?? We are pleased to expand our presence in the regional media through an interview with Капитал, a leading Bulgarian financial outlet. Andrei Gemeneanu, Managing Partner at Morphosis Capital, discussed the strategy of our second fund and the first investment outside Romania, in EnduroSat, sharing insights into the regional investment landscape. ??? "We expect to make at least one more deal this year – ideally two, but definitely one. The world today is unstable, but as I often say, we used to look to Western Europe for stability. Now, there’s no stability anywhere. However, in our part of the world, at least instability is paired with growth, unlike other regions where it’s just instability without growth. That’s why I remain convinced that Central and Eastern Europe is a great region, and we will continue to be very active here," said Andrei Gemeneanu. Read the full interview on Capital: https://lnkd.in/dUEtQgDu #Morphosis #interview #FundII #PrivateEquity

?? Morphosis Capital ???????? ???? ?????????????????? ???? ?????????????? ????????-?????????????????? ????????, backed by the European Investment Fund (EIF) ?? With €??????+ ?????????????? ?????????????????? ??????????????, we are driving impact and providing the right resources to help businesses scale and succeed. ?? “EIF remains committed to supporting the next generation of high-growth businesses, and our continued partnership with Morphosis Capital reflects this vision,” said Marjut Falkstedt, Chief Executive at European Investment Fund. ?? This operation is funded by the European Union NextGenerationEU with the financial backing of the Government of Romania under the Romania Recovery Equity Fund. It also benefits from support from the European Union under the InvestEU Fund. #Morphosis #EIF #NextGenerationEU #PrivateEquity #CapitalGrowth #SMEs #Entrepreneurship

?? Morphosis Capital is proud to support the CFA Institute Research Challenge, a competition that brings together some of the most prestigious business schools worldwide. As a partner of the national stage in Romania, we were delighted to contribute through the involvement of our team members: David Masculic, CFA as a speaker and Gheorghe Cojocaru, CFA as a grader in the challenge. ?? This initiative holds special significance for us, as three of our colleagues - David, Gheorghe, and Teodora - have not only participated but also won this competition in the past. We know firsthand the impact it has on developing analytical skills, strategic thinking, and professional excellence in finance and we remain committed to supporting the next generation of investment professionals. ?? Congratulations to the winning team from Academia de Studii Economice din Bucure?ti - Faculty of Finance, Insurance, Banking and Stock Exchange (FABBV) for their outstanding performance! We wish them great success in the next stages of the competition. #Morphosis #CFA #NextGen #PrivateEquity

??? At ???????????????? ??&?? ????????, Andrei Gemeneanu, Managing Partner at Morphosis Capital, joined top executives and investment fund representatives to discuss the role of private equity in shaping Romania’s mergers and acquisitions landscape. ?? During his remarks, Andrei Gemeneanu shared his vision on the current state of Romania’s private equity market, its evolution in recent years, and the potential impact of pension funds' involvement in the country’s private equity sector. ??? "Strictly from a private equity perspective, we must not forget that in Poland, the transaction volume as a percentage of GDP is ten times higher than in Romania. The market is liquid, deals are happening - which is a good thing. (…) The market will undoubtedly continue to grow, and I believe that, as with any natural evolution, it is also our job as fund managers to demonstrate a strong track record, showcase success stories, deliver returns, prove longevity, and highlight the broader impact that private equity investments have on the economy, particularly from a fundraising perspective,” said Andrei Gemeneanu. ?? We invite you to watch the full panel discussion here: https://lnkd.in/dc2H2zjw #Morphosis #PrivateEquity #MergersAcquisitions

?? Simona Gemeneanu, Partner at Morphosis Capital, was featured in Forbes Romania’s "25 for 2025" editorial project, which brought together prominent figures from Romania’s business landscape, highlighting their vision for the future. ?? In this interview, Simona discussed the growth plans for the portfolio companies in Fund II, the approach for the companies in Fund I, and the human due diligence process as a core part of Morphosis Capital’s investment strategy. ? A key factor in achieving these growth objectives is ensuring the right balance between founders, investors, and management teams. This principle is at the core of Morphosis Capital’s investment philosophy, leading to the institutionalization of human due diligence as a key component of the second fund’s strategy. ?? “We assess the ability to build and retain a team because some ‘lone wolves’ struggle to create an adequate management structure, yet relying on people is essential for the next stage of growth. The second criterion is an ethical barometer, and the third is the ability to listen to others and accept feedback,” said Simona Gemeneanu. Read the full interview below to learn more about our investment approach and the future of private equity in Romania.

Thanks for the trust, Raycho! Your ambition knows no limits and we are proud to be part of the journey

Proud to partner with Morphosis Capital and our existing investors to accelerate the scaling of our space service and next-gen satellite tech #spaceiscloserthanyouthink

?? Morphosis Capital Fund II takes a strategic step beyond Romania with an investment in EnduroSat, a leading European provider of software-defined nanosatellites and space services. This marks our entry into the fast-growing New Space industry, supporting EnduroSat’s mission to make space more accessible through cutting-edge technology. ??? Founded and led by Raycho Raychev, the company has built a strong reputation for innovation, with a team of over 220 space professionals and a global presence. EnduroSat is transforming satellite operations, enabling organizations worldwide to advance in Earth observation, communications, and scientific research. ??? “The investment in EnduroSat represents a strategic milestone for Morphosis Capital as we expand our investment reach beyond Romania while simultaneously entering the New Space market. (…) Its pioneering approach not only streamlines deployment but also unlocks new opportunities for companies worldwide, making space more accessible than ever through its simplified, transparent, agile and cost-efficient offering,” stated Dragos Petre, Partner at Morphosis Capital. ?? This marks the third investment from Morphosis Capital Fund II, part of a broader funding round alongside CEECAT Capital and other investors, reinforcing our commitment to high-growth, entrepreneur-led businesses across Central and Eastern Europe. #Morphosis #investment #PrivateEquity #Entrepreneurship #EnduroSat #Space #Technology This operation is funded by the European Union – NextGenerationEU with the financial backing of the Government of Romania under the Romania Recovery Equity Fund. This operation benefits from support from the European Union under the InvestEU Fund.

?? Big news is on the way! Morphosis Capital Fund II is set to make its first investment outside Romania, marking a key milestone in our regional expansion strategy. ?? ?? Following investments in Mark Twain Intl. School, IB World School and Supermarket La Cocos, this next step reinforces our commitment to supporting high-potential businesses across borders. Stay tuned next week for the full announcement! ??