Bulgaria M&A Transactions

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.

Advent International
Investor
Private Equity Firm
Boston, Massachusetts
www.adventinternational.com

Remix is a fashion resale companies, operating in nine markets across Central and Eastern Europe. Remix operational infrastructure with custom single-SKU logistics at its core that can process millions of unique garments efficiently. Remix was founded in 2012 and is based in Sofia, Bulgaria.

ThredUp
Company
E-Commerce
Oakland, California
www.thredup.com

ROITI offers end-to-end Data & AI consulting services with a specialized focus on energy trading and risk management (ETRM) systems and adjacent fields. ROITI was founded in 2013 and is based in Sofia, Bulgaria.

Dataciders
Company
Information Technology
Dortmund, Germany
www.dataciders.com

NitroPack is an all-in-one SaaS solution for improving site speed and performance metrics, including Google's Core Web Vitals. NitroPack is based in Sofia, Bulgaria.

WP Engine
Company
Internet Software and Services
Austin, Texas
www.wpengine.com

Dreamix is a bespoke end-to-end software engineering and digital product/application development company. Dreamix was founded in 2006 and is based in Sofia, Bulgaria.

Synechron, Inc.
Company
Information Technology
New York, New York
www.synechron.com

GemSeek is a customer experience analytics provider that offers expertise in advanced analytics and customer experience program management, along with proprietary technologies. The company helps clients across several industries including telecommunications, healthcare, consumer goods, and financial services realize the full potential of their customer experience programs, cultivate enduring customer relationships, and improve revenues and operational efficiencies. GemSeek was formed in 2011 and is based in Sofia, Bulgaria.

Accenture
Company
Business Services
Dublin, Ireland
www.accenture.com

Future Thinking Ltd.
Company
Information Technology
London, United Kingdom
www.futurethinking.com

M2M Services is a provider of universal alarm panel communicators, connectivity, and interactive services. The company creates simple, innovative and dependable technology that helps alarm companies bring smart security to every household and business around the world. M2M Services was founded in 2008 and is based in Sofia, Bulgaria.

ABS Capital Partners
Investor
Private Equity Firm
Hunt Valley, Maryland
www.abscapital.com

Yettel is a mobile network and a telecommunications company. Yettel was founded in 2001 and is based in Sofia, Bulgaria.

Emirates Telecom Corp.
Company
Communications
Abu Dhabi, United Arab Emirates
www.etisalat.ae

PPF Telecom Group
Company
Communications
Amsterdam, Netherlands
www.ppftelecom.eu

Comac Medical is a full-service clinical research organization (CRO) in South-Eastern Europe, present in more than 30 countries, providing a comprehensive range of early to late-phase drug development services to the global pharmaceutical and biotech industries across a variety of therapeutic areas with a differentiated expertise and track record for indications within oncology, dermatology, gastroenterology, and respiratory diseases. The Company has a global customer base consisting of emerging biotech and established pharmaceutical companies, offering full outsourced clinical trial support across the entire clinical development timeline. Comac Medical was formed in 1997 and is based in Sofia, Bulgaria.

Edgecap Partners
Investor
Family Office
London, United Kingdom
www.edgecap.eu
Advisor: Wolf Theiss

Softelligence enables organizations in Financial Services to accelerate growth with next-generation InsurTech through Automation, AI, and Machine Learning. It has the extensive industry knowledge and broad expertise in digital projects covering paperless quote-and-bind flows, automation of the claims process through AI, fraud detection using Machine Learning algorithms across personal and commercial lines, corporate and specialty as well as digital lending, Know Your Customer (KYC) and other digital banking flows. From data to insights with compelling dashboards, from manual processes and forms to pure digital customer journeys, the company is the partner of choice for many top-tier insurance companies and banks in Europe. Softelligence is based in Bucharest, Bulgaria.

Encora
Company
Information Technology
Scottsdale, Arizona
www.encora.com

Synergyc is an IT services solutions provider focused on solutions that help its clients optimize organizational structures, decrease risk and costs, and achieve greater operational efficiencies. Synergyc has a proven track record of leading and delivering transformative IT & Finance services within the Commodities & Energy, Oil & Gas, and Technology Services sectors. Synergyc was founded in 2000 and is based in Sofia, Bulgaria.

Kirey Group
Company
Information Technology
Milan, Italy
www.kireygroup.com

Doverie is a pension fund that manages five pension funds, which are separate legal entities: General Pension Fund Doverie (GPF), Fund for Life-long Pension Payments Doverie (FLPP), Fund for Deferred Payments Doverie (FDP), Professional Pension Fund Doverie (PPF), and Voluntary Pension Fund Doverie (VPF). Doverie is based in Sofia, Bulgaria.

International Finance Corp.
Company
Financial Services
Washington, District of Columbia
www.ifc.org

Out2Bound is a sales development agency that helps technology companies attract b2b clients and access new markets around the globe. It develops and executes outbound sales development strategies by being able to both plug into the company as a remote sales team and support existing teams by enriching sales pipelines. Out2Bound is based in Sofia, Bulgaria.

MarketStar Corp.
Company
Marketing
Ogden, Utah
www.marketstar.com

Fidelis Research is a clinical biospecimen collection network that provides client-tailored biospecimen collection, laboratory processing and analysis, clinical research, and patient support programs in Southeastern Europe. Fidelis Research is based in Sofia, Bulgaria.

BioIVT
Company
Life Science
Hicksville, New York
www.bioivt.com

Leader 96 is a producer of e-bikes in Europe with sales across the continent. Leader 96 produces a broad range of e-bikes including touring, trekking, mountain, folding, and gravel bike models. Leader 96 was founded in 1996 and is based in Plovdiv, Bulgaria.

The Rohatyn Group
Investor
Asset Manager
New York, New York
www.rohatyngroup.com

Souter Investments Limited
Investor
Family Office
Edinburgh, United Kingdom
www.souterinvestments.com

KJK Capital
Investor
Asset Manager
Luxembourg, Luxembourg
www.kjkmanagement.com

Motion Software is a software engineering company), that specializes in blockchain, AI, analytics, healthcare, and eLearning. Motion Software was founded in 2015 and is based in Bulgaria.

Exadel
Company
Software
Walnut Creek, California
www.exadel.com