M&A Deal Summary

Everfield Acquires Blue Bridge Technologies

On November 1, 2022, Everfield acquired information technology company Blue Bridge Technologies from BaltCap

Acquisition Highlights
  • This is Everfield’s 1st transaction in the Information Technology sector.
  • This is Everfield’s 1st transaction in Latvia.

M&A Deal Summary

Date 2022-11-01
Target Blue Bridge Technologies
Sector Information Technology
Buyer(s) Everfield
Sellers(s) BaltCap
Deal Type Add-on Acquisition

Target

Blue Bridge Technologies

Riga, Latvia
Blue Bridge Technologies is a provider of data interchange solutions for insurance companies and healthcare service providers. Blue Bridge Technologies was founded in 1993 and is based in Riga, Latvia.

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Buyer(S) 1

Buyer

Everfield

London, United Kingdom

Category Company
Sector Software
DESCRIPTION

Everfield buys, builds, and grows European vertical market and specialist software companies, providing them with the tools they need to move to the next level. Everfield is based in London, United Kingdom.


DEAL STATS #
Overall 1 of 1
Sector (Information Technology) 1 of 1
Type (Add-on Acquisition) 1 of 1
Country (Latvia) 1 of 1
Year (2022) 1 of 1

Seller(S) 1

SELLER

BaltCap

Vilnius, Lithuania

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1995
PE ASSETS 400M EUR
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

BaltCap is a private equity and venture capital group focused on investing in the Baltic States of Latvia, Estonia, and Lithuania. The Firm looks to fund buyouts, buy-ins, and growth capital needs. BaltCap is a generalist investor and will consider opportunities in a wide range of sectors. The Firm will consider both the majority and minority positions. BaltCap was formed in 1995 and has offices in Tallinn, Riga, Vilnius, Helsinki, Stockholm, and Warsaw.


DEAL STATS #
Overall 40 of 42
Sector (Information Technology) 3 of 3
Type (Add-on Acquisition) 19 of 19
Country (Latvia) 12 of 14
Year (2022) 5 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-11-01 Adoro

Latvia

Adoro operates care services for seniors and other client groups, such as post-treatment rehabilitation and dementia patients. Adoro is based in Latvia.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-01-01 Amateks

Olaine, Latvia

Amateks is a producer of metal components and complementary parts that offers lathing, milling, and welding services using high precision and effective equipment. Amateks was founed in 2002 and is based in Olaine, Latvia.

Sell -