M&A Deal Summary

Innova Capital Acquires Netopia Group

On May 25, 2023, private equity firm Innova Capital acquired internet software and services company Netopia Group

Acquisition Highlights
  • This is Innova Capital’s 4th transaction in the Internet Software and Services sector.
  • This is Innova Capital’s 8th transaction in Romania.

M&A Deal Summary

Date 2023-05-25
Target Netopia Group
Sector Internet Software and Services
Buyer(s) Innova Capital
Deal Type Buyout (LBO, MBO, MBI)

Target

Netopia Group

Bucuresti, Romania
Netopia Group is a Romanian payment services provider consisting of NETOPIA Payments, mobilPay Wallet, web2sms and Kartela. Netopia Group was founded in 2003 and is based in Bucuresti, Romania.

Search 200,500 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

Innova Capital

Warsaw, Poland

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1994
PE ASSETS 1.6B EUR
Size Large
Type Sector Agnostic
DESCRIPTION

Innova Capital is a private equity firm focused on investment opportunities in Central Europe. Innova generally looks to invest in businesses operating in Poland, Hungary, the Czech Republic, however the firm will also consider companies operating in bordering areas, such as the Nordic Countries, as well as Germany and Austria. Target sectors include business services, specialist media, financial services, and telecom. Innova seeks to commit between €25 to €40 million of equity capital per transaction. The Firm's investment horizon is three to five years. Innova Capital was formed in 1994 and is based in Warsaw, Poland.


DEAL STATS #
Overall 63 of 68
Sector (Internet Software and Services) 4 of 5
Type (Buyout (LBO, MBO, MBI)) 44 of 46
Country (Romania) 8 of 8
Year (2023) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-10-25 INELO

Bielsko-Biała, Poland

INELO provides the highest quality software for the analysis and settlement of drivers' working time, devices for digital data collection and GBOX® satellite vehicle location systems. INELO was founded in 2002 and is based in Bielsko-Biała, Poland.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-06-21 R-GOL

Górka, Poland

R-GOL is a multi-brand distributor of football merchandise in CEE. R-GOL also runs a network of 14 physical showrooms and works directly with over 1,000 football clubs, comprehensively meeting their needs. R-GOL was formed in 2000 and is headquartered in Górka, Poland.

Buy -