M&A Deal Summary

Axxess Capital Acquires Frontex International

On January 1, 2013, private equity firm Axxess Capital acquired business services company Frontex International

Acquisition Highlights
  • This is Axxess Capital’s 3rd transaction in the Business Services sector.
  • This is Axxess Capital’s 3rd transaction in Bulgaria.

M&A Deal Summary

Date 2013-01-01
Target Frontex International
Sector Business Services
Buyer(s) Axxess Capital
Deal Type Buyout (LBO, MBO, MBI)

Target

Frontex International

Sofia, Bulgaria
Frontex International is a provider of debt collection services. Frontex International actively participates in important legislative initiatives and various events aimed at introducing industry standards. Frontex International is based in Sofia, Bulgaria.

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Buyer(S) 1

Buyer

Axxess Capital

Bucharest, Romania

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1995
PE ASSETS 250M EUR
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Axxess Capital is an Eastern European private equity manager focused on investing in Romania and Bulgaria. Axxess looks to commit €5 to €15 million per transaction and targets investments in industry-leading, growth-oriented companies with positive cash-flows. Broad areas of interest include business services, consumer services, and consumer products. Axxess Capital was formed in 1995 and is based in Bucharest, Romania.


DEAL STATS #
Overall 14 of 17
Sector (Business Services) 3 of 3
Type (Buyout (LBO, MBO, MBI)) 9 of 10
Country (Bulgaria) 3 of 3
Year (2013) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-04-03 Noriel

Bucharest, Romania

Noriel is the toys and games distributor and cardboard games producer in Romania that recently entered into specialized toys and games retail. Noriel was founded in 1993 and is based in Bucharest, Romania.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-08-14 Deutek SA

Bucharest, Romania

Deutek SA is a manufacturer and marketer of a large portfolio of well-known professional and consumer paint brands, including OSKAR and Danke!. The company’s products are sold in more than 120 do-it-yourself stores and 3,500 independent retail outlets in Romania.

Buy -