Tag: acquisition

Encora Announces the Acquisition of Softelligence,  Establishing first European Delivery Capabilities

Encora Announces the Acquisition of Softelligence, Establishing first European Delivery Capabilities

Encora, a global next-gen digital engineering provider, today announced that it has signed a definitive agreement to acquire Softelligence, a Romanian software engineering services provider, to establish Encora’s first delivery centers in Europe. Encora’s growing global presence enables the company to deliver nearshore services to clients in the Americas, Asia Pacific, Australia and now Europe as well.   “Softelligence is […]

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Dealmaking in CEE remained resilient in 2022 despite unprecedented regional and global headwinds

Dealmaking in CEE remained resilient in 2022 despite unprecedented regional and global headwinds

Mazars, the international audit, tax, and advisory firm, today releases a new report, in association with Mergermarket, which reveals that dealmakers in the CEE region have adapted rapidly to the tougher environment that emerged in 2022. The annual study, Investing in CEE: Inbound M&A report 2022/2023, offers an overview of M&A activity in the region in 2022 and looks ahead […]

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Connections enters the shareholding of the edtech company 10 Plus and acquires 25%

Connections enters the shareholding of the edtech company 10 Plus and acquires 25%

Connections Consult SA, listed on the AERO market of BVB and the leader of the digital transformation market in Romania, announces the acquisition of a 25% stake in the edtech 10 Plus Future Education SRL company. The company, specialized in online courses for adults and children, language courses, mathematics, Romanian language, etc. is the first acquisition in this year of […]

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Vertiv to Acquire the E&I Engineering Group

Vertiv to Acquire the E&I Engineering Group

Vertiv, a global provider of critical digital infrastructure and continuity solutions, today announced that through its subsidiaries, it has entered into a definitive agreement to acquire E&I Engineering Ireland Limited and its affiliate, Powerbar Gulf LLC (“E&I”) for approximately $1.8 billion in upfront consideration plus the potential for up to $200 million in cash, based on achieving certain 2022 profit […]

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Undeterred by COVID-19, dealmaking in the CEE region remained remarkably steady

Undeterred by COVID-19, dealmaking in the CEE region remained remarkably steady

The disruption caused by COVID-19 to CEE’s M&A market was short-lived as dealmaking returned to the fore in the second half of the year, according to a new report published by Mazars in association with Mergermarket. The report, Investing in CEE: Inbound M&A Report 2020/2021, offers an overview of inbound M&A activity in the CEE region throughout 2020 and looks […]

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Romania’s M&A market recovering after COVID-19, KPMG survey reveals

Romania’s M&A market recovering after COVID-19, KPMG survey reveals

The second edition of the KPMG publication “The M&A Landscape in Romania” shows increased  optimism among stakeholders, who expect further growth in Mergers & Acquisitions (M&A) activity in Romania in 2021. During the first months, the COVID-19 pandemic caused a lot of distress on the market, with transactions being postponed and uncertainty rising. Starting  from Q3 2020, many transactions have […]

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