M&A Deal Summary

GB & Partners Investment Management Acquires Asura Technologies

On January 1, 2019, private equity firm GB & Partners Investment Management acquired information technology company Asura Technologies

Acquisition Highlights
  • This is GB & Partners Investment Management’s 3rd transaction in the Information Technology sector.
  • This is GB & Partners Investment Management’s 12th transaction in Hungary.

M&A Deal Summary

Date 2019-01-01
Target Asura Technologies
Sector Information Technology
Buyer(s) GB & Partners Investment Management
Deal Type Buyout (LBO, MBO, MBI)

Target

Asura Technologies

Budapest, Hungary
Asura Technologies develops new generation video analytics systems and license plate recognition software based on artificial intelligence for traffic safety, vehicle identification and general safety applications. A common feature of their software solutions is that they can be easily integrated into any parking, traffic or security system. Asura Technologies was founded in 2017 and is based in Budapest, Hungary.

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Buyer(S) 1

DESCRIPTION

GB & Partners Investment Management is a private equity firm focused on growth-oriented small to mid-sized companies throughout Hungary. Sectors of interest include apparel, financial technology, medical technology, and mechanical engineering. GB & Partners was established in 2012 and is based in Budapest.


DEAL STATS #
Overall 12 of 17
Sector (Information Technology) 3 of 3
Type (Buyout (LBO, MBO, MBI)) 12 of 16
Country (Hungary) 12 of 16
Year (2019) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-01-01 Aeron

Budapest , Hungary

Aeron is a fashion brand combines the timelessness of traditional craftsmanship with the most modern design technologies, through the lens of a modern woman's everyday life. Aeron is a tour-de-force of paired back silhouettes and progressive design, contrasts synthesized a modern woman’s complexity in balance. Aeron was founded in 2011 and is based in Budapest, Hungary.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-01-01 Nanushka

Budapest, Hungary

Nanushka is a fashion brand, its collections focus primarily on craftsmanship, details and materials, which at the same time reveal the brand's connection and respect for nature, community and the world around us all. The selection of materials also follows sustainability aspects, while the handicraft and manual techniques are a unique blend of traditional and contemporary culture. Nanushka was founded in 2006 and is based in Budapest, Hungary.

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