Investment Summary

Advent International Exits Synergon Information Systems

On April 1, 1999, invested in information technology company Synergon Information Systems from Advent International

Investment Highlights
  • This is transaction in the Information Technology sector.
  • This is transaction in Hungary.

Investment Summary

Date 1999-04-01
Target Synergon Information Systems
Sector Information Technology
Sellers(s) Advent International
Deal Type IPO

Target

Synergon Information Systems

Budapest, Hungary
Synergon is a leading Hungarian provider of IT services encompassing systems integration, enterprise resource planning and financial software development.

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Seller(S) 1

SELLER

Advent International

Boston, Massachusetts, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1984
PE ASSETS 91.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Advent is a global private equity firm that targets investments in North America, Europe, Asia, and Latin America. Advent's emerging market efforts are concentrated in Central Europe and Latin America. Advent seeks transactions valued between $50 million and $5 billion and can commit up to $2 billion of equity capital per investment. Broad areas of interest include business & financial services, retail & consumer, technology, media, & telecoms, healthcare & life sciences, and industrial. Prospective transaction types include buyouts, growth capital financings, take privates, and recapitalizations. Advent was formed in 1984 and is based in Boston, Massachusetts.


DEAL STATS #
Overall 13 of 233
Sector: Information Technology M&A 2 of 15
Type: IPO M&A Deals 4 of 35
Country: Hungary M&A 1 of 5
Year: 1999 M&A 4 of 14
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1999-04-01 Microsiga Mexico SA de CV

Brazil

Microsiga Mexico SA de CV is a provider of enterprise resource planning software.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
1999-05-01 AMS

London, United Kingdom

AMS is a worldwide provider of total workforce solutions, serving more than 100 blue-chip clients in over 90 countries. AMS was founded in 1996 and is based in London, United Kingdom.

Buy -