Marko Mitrovic

Marko Mitrovic is a Partner at Accession Capital Partners (ACP), the Vienna-based investment firm that began life in 2000 as "Mezzanine Management" — a pioneer of private debt in Central Europe — and has since evolved into a "one-stop-shop for growth capital to mid-market businesses." He joined ACP in 2019 and is responsible for the firm's investments in the Western Balkans and Bulgaria. ACP has invested over €1.3 billion across five funds; its latest vehicle (AMC V / Fund V) closed at roughly €336 million.

Before ACP, Marko spent his career in restructurings and special situations, working across most countries of Central and Southeast Europe as well as in the United States — most recently at the European Bank for Reconstruction and Development (EBRD). He has also served as CEO and CFO of companies with €50–200 million in revenues, and spent more than ten years affiliated with Reconstruction Capital, a London Stock Exchange-listed fund focused on the CEE region.

Marko is the founder, a director, and an investment committee member of EMSA Capital, a Vienna-based private equity firm specializing in turnarounds and special situations across Central and Eastern Europe (the firm traces its activity to 1992 and manages a CEE Special Situations Fund of over €93 million). He describes roughly 20 years of experience in special-situations private equity, restructuring, and interim/investment management across the US and CEE.

A graduate of City University, Marko has authored a book on restructuring, has had work featured in industry journals including the Norton Annual Review of International Insolvency, and is a member of the International Insolvency Institute (III).

• Stage & instrument: Growth capital and private debt/mezzanine for established mid-market companies, plus buyouts, carve-outs, and special situations — explicitly not early-stage/seed.
• Check size: ~€10m–€35m equity/debt tickets per deal; portfolio target of ~14–16 investments per fund.
• Target profile: "Established, market-leading businesses" with ~€5m–€20m EBITDA, including founder-led companies "reaching pivotal transition points" (succession, professionalization, regional expansion).
• Geography: CEE / Southeast Europe, with Marko personally owning the Western Balkans and Bulgaria; broader firm activity in Poland, Croatia, Bulgaria and beyond.
• Special situations angle: Marko's edge is operational turnaround and restructuring — via EMSA Capital he backs "performing companies and those experiencing a greater degree of challenges," taking an active role alongside management.
• Firm thesis (per ACP partner Chris Buckle): "One of the key challenges investors face in CEE isn't risk — it's a lack of familiarity"; the firm argues limited competition from global funds yields "better entry valuations, stronger deal positions, and a more attractive risk-return profile."