M&A Deal Summary

Black Sea Fund Acquires Roovi

On September 8, 2021, growth capital firm Black Sea Fund acquired consumer products company Roovi

Acquisition Highlights
  • This is Black Sea Fund’s 1st transaction in the Consumer Products sector.
  • This is Black Sea Fund’s 3rd transaction in Romania.

M&A Deal Summary
Date 2021-09-08
Target Roovi
Sector Consumer Products
Buyer(s) Black Sea Fund
Deal Type Buyout (LBO, MBO, MBI)

Target

Roovi

Covasna, Romania
Roovi offers to its customers high quality games and toys with important educational value. The company produces educational games, board games and puzzles dedicated to children between 3 and 14 years, among the most famous brands in the portfolio being Jocul Autostrăzilor, Animale din România, Alias, Capitalism Original, Șapte dintr-o lovitură, Bătălie Navală, Dacii și Romanii. Roovi is based in Covasna, Romania.

Search 201,429 Deals Now

SEARCH BY

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

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Black Sea Fund

Category Growth Capital Firm
Founded 2018
PE ASSETS 43M EUR
Size Small
Type Sector Agnostic
DESCRIPTION

Black Sea Fund is a private investment firm focused on acquiring minority or majority positions in mid-sized Romanian companies. The Firm looks to commit €3 to €6 million in profitable, growth-oriented companies with €5 to €50 million of revenue. Black Sea is a generalist investor however it focuses on fragmented industries with opportunities for consolidation. Black Sea Fund was formed in 2018 and is based in Gravenhage, the Netherlands.

DEAL STATS #
Overall 3 of 3
Sector (Consumer Products) 1 of 1
Type (Buyout (LBO, MBO, MBI)) 2 of 2
Country (Romania) 3 of 3
Year (2021) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-12-01 DigiRay

Cluj-Napoca, Romania

DigiRay owns the main network of maxillofacial imaging and digital dental techniques in Romania. It operates 11 centres located mainly in the western part of Romania. DigiRay was established in 2008 and is based in Cluj-Napoca, Romania.

Buy -
Mergr

Product

Company

Legal