M&A Deal Summary

GB & Partners Investment Management Acquires Neatly

On January 1, 2016, private equity firm GB & Partners Investment Management acquired business services company Neatly

Acquisition Highlights
  • This is GB & Partners Investment Management’s 2nd transaction in the Business Services sector.
  • This is GB & Partners Investment Management’s 8th transaction in Hungary.

M&A Deal Summary

Date 2016-01-01
Target Neatly
Sector Business Services
Buyer(s) GB & Partners Investment Management
Deal Type Buyout (LBO, MBO, MBI)

Target

Neatly

Heves, Hungary
Neatly is a provider of rental textile services for small businesses, apartments and salons, as well as providing laundry services for households, with a convenient door-to-door courier service. Neatly is based in Heves, 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 8 of 17
Sector: Business Services M&A 2 of 3
Type: Buyout (LBO, MBO, MBI) M&A Deals 8 of 16
Country: Hungary M&A 8 of 16
Year: 2016 M&A 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-01-01 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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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-01-01 Cyber Services

Budapest, Hungary

Cyber Services provides cyber defence related services primarily for business entities and governments internationally, beside the classic IT security consultancy, research and development solutions. Cyber Services was founded in 2015 and is based in Budapest, Hungary.

Buy -