Transactions

Latest transactions in Austria and Hungary

  • 2019

    Austria/Germany

    Sale

    SPIE Deutschland & Zentraleuropa, the independent European leader in multi-technical services in the areas of energy and communications, acquires Christof Electrics GmbH & Co KG (“Christof Electrics”) in Austria.

  • 2019

    Hungary

    Merger

    Extreme Digital Zrt., the leading e-commerce company in Hungary, has merged with eMAG (part of Naspers Group).

  • 2018

    Hungary

    Sale

    ShiwaForce.com, the partner for digital transformation, was sold to Portfolion, a venture capital arm of OTP Bank Plc specializing in start-up and early venture investments. ShiwaForce offers a full range of services creating online solutions for both internal (intranet) and web (internet) presence as well as creating online and offline branding.

  • 2018

    Austria/Germany

    Financing

    The Austrian company Ready2Order, offering cloud-based point-of-sale solutions, received growth financing from Reimann Investors.

  • 2018

    Hungary

    ACQUISITION

    AD Plastik Group, the largest Croatian manufacturer of plastic components for the automotive industry, acquired 100% ownership of Tisza Automotive Kft., a Hungarian auto parts supplier. With this transaction, AD Plastik Group continues its strategy of international growth and expansion of its customer portfolio. AD Plastik Group now has eight production plants in five countries.

  • 2018

    Hungary

    FINANCING

    Green Fox Academy, a Budapest-based “Tech School of the Future”, has raised EUR 750,000 from Széchenyi Tökealap, a Hungarian investment fund. The company provides new education products for the tech-driven labor market and headhunting services for companies to address the shortage of IT talent in Hungary (and Europe) and the increasing demand for high-tech skills in the workforce. The program includes a 4 month bootcamp for software coding. The funds will be used to further grow the Company’s product and service offering and to expand regionally. The first regional opening will be in Prague (Czech Republic).

International transactions

  • 2017

    UK/Italy

    Sales

    DS Data systems (UK) Ltd. sold a majority stake to Zucchetti spa, the leading Italian software group. DS Data Systems operates between the UK and Italy and is the developer and owner of KonaKart, a highly successful Java-based B2C and B2B e-commerce software product.

  • 2017

    UK/US

    Sale

    Prestige Systems Ltd, an IT infrastructure specialist, was sold to Park Place Technologies, a leading provider of hardware maintenance and support.

  • 2017

    Brazil

    Sale

    Premier IT, a provider of IT outsourcing services including service desk solutions, field services, datacenter management and NOC (network operations center), was sold to Quality, a leader in application management, electronic channels, mobile applications, mobility microservices, identity and governance management, risk, and compliance.