CEE-focused mid-market private equity firm Innova Capital has fully exited its investment in Poland-based internet portal Wirtualna Polska (WP), selling its remaining 27 percent stake for PLN50 (approximately US$11.96) per share on the Warsaw Stock Exchange. Innova Capital originally invested in WP in 2014 through Innova/5 and subsequently merged the company with Poland-based o2 Group. The exit reportedly generated an internal rate of return of more than 60 percent and follows Innova’s initial divestiture during the company’s IPO in 2015.