bpv Grigorescu Ștefănică has advised leading global automotive systems supplier Motherson on the Romanian aspects of the transaction involving the acquisition of 100% of Nexans autoelectric’s global wiring harness business, for an enterprise value of €207 million on a cash-free and debt-free basis. The transaction, which encompasses operations across 22 facilities in 11 countries including Romania, is subject to customary […]

SGS are reinforcing our dedication to digital trust and payment card security solutions following the acquisition of Panacea Infosec – a global leader in information security. Headquartered in India, Panacea Infosec brings over 90 highly skilled InfoSec and cybersecurity professionals who serve clients in India, the US, the Middle East and Africa. The company is renowned for expertise in payment […]

Vertiv Holdings Co (NYSE: VRT), a global leader in critical digital infrastructure, announced it has entered into an agreement to acquire Purge Rite Intermediate, LLC, (“PurgeRite”) a leading provider of mechanical flushing, purging and filtration services for data centers and other mission-critical facilities, from Milton Street Capital LLC for approximately $1.0 billion in cash consideration at closing plus the potential […]

Vodafone Romania announces signing of relevant legal documents for the transaction to acquire Telekom Romania Mobile Communications. The total value of the transaction is €30 million, which refers exclusively to the elements intended for acquisition by Vodafone Romania. With the closing of the transaction, estimated for the beginning of October this year, Vodafone will take over the control of Telekom […]

The Romanian Competition Council has recently approved the acquisition of Telekom Romania Mobile Communications by both Vodafone Romania and Digi Romania. The companies involved will now look to finalise the binding terms of the transaction. More details will be provided in due course. Subject to the deal completing, Vodafone will acquire Telekom Romania, respectively a significant proportion of its assets […]

The mergers and acquisitions (M&A) market in Romania slightly decreased in volume in 2023 compared to the previous year, but maintained its value, according to an analysis conducted by Deloitte Romania. The number of transactions with values over 5 million euros analyzed by Deloitte Romania was 130 last year, compared to 157 in 2022, when the local market reached a […]

Softeh Plus, a Romanian company with over 30 years of experience in the software ERP industry, announces the full acquisition by Symfonia. Symfonia is a market leader in ERP and HCM software solutions for small and medium-sized companies in Poland and is backed by the two leading technology investors: Accel-KKR from Sillicon Valley, as well as MidEuropa from Central Europe. […]

Schneider Electric, the global leader in the digital transformation of energy management and automation, announces that subsequent to entering into exclusive negotiations with Atos Group on July 3, 2023  it has finalized the acquisition of EcoAct SAS (“EcoAct”), an international leader in climate consulting and net zero solutions headquartered in Paris, France. The completion of the transaction follows consultation with […]

Despite a global pandemic, supply chain shocks, and rising geopolitical tensions, the payments industry revenue pool grew by 8.3% between 2017 and 2022 to reach $1.6 trillion. However, slower growth is on the horizon, according to new research by Boston Consulting Group (BCG). The report, titled Global Payments Report 2023 is being released today. BCG’s 21st annual analysis of the […]

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 […]

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 […]

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 […]