M&A Deal Summary

Advent International Acquires tbi bank

On April 22, 2025, private equity firm Advent International acquired financial services company tbi bank

Acquisition Highlights
  • This is Advent International’s 36th transaction in the Financial Services sector.
  • This is Advent International’s 4th transaction in Bulgaria.

M&A Deal Summary

Date 2025-04-22
Target tbi bank
Sector Financial Services
Buyer(s) Advent International
Deal Type Buyout (LBO, MBO, MBI)

Target

tbi bank

Sofia, Bulgaria
tbi bank is a tech-led challenger bank in Southeast Europe that builds an ecosystem by combining financing and shopping to address customers’ needs. tbi bank is based in Sofia, Bulgaria.

Search 214,238 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

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 344 of 353
Sector: Financial Services M&A 36 of 36
Type: Buyout (LBO, MBO, MBI) M&A Deals 155 of 156
Country: Bulgaria M&A 4 of 4
Year: 2025 M&A 3 of 12
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2025-01-07 Fisher Investments

Plano, Texas, United States

Fisher Investments is an independent, fee-only investment adviser. Fisher Investments was founded in 1979 and is based in Plano, Texas.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-04-26 Apollo 24|7

India

Apollo 24|7 is an integrated omnichannel pharmacy and wellness retailer. Apollo 24|7 was founded in 2020 and is based in Chennai, Tamil Nadu.

Buy -