M&A Deal Summary

RTS-tender Acquires B2B-Center

On May 13, 2021, RTS-tender acquired information technology company B2B-Center from Elbrus Capital and Da Vinci Capital Management

Acquisition Highlights
  • This is RTS-tender’s 1st transaction in the Information Technology sector.
  • This is RTS-tender’s 1st transaction in Russia.

M&A Deal Summary
Date 2021-05-13
Target B2B-Center
Sector Information Technology
Buyer(s) RTS-tender
Sellers(s) Elbrus Capital
Da Vinci Capital Management
Deal Type Add-on Acquisition

Target

B2B-Center

Moscow, Russia
B2B-Center is an online procurement platform in the B2B segment in Russia. Over 800,000 trades for a total transaction amount of over 15 trillion rubles have been conducted on the platform. Serves over 300,000 clients in different industries. B2B-Center was founded in 2002 and is based in Moscow, Russia.

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Buyer(S) 1

Buyer

RTS-tender

Moscow, Russia
Category Company
Sector Internet Software and Services
DESCRIPTION

RTS-tender is a electronic platform for conducting all modern types of electronic procurement, public procurement under 44-FZ, purchases by state companies under 223-FZ, commercial purchases, small volume purchases, property auctions, purchases under 615-PP. RTS-tender is based in Moscow, Russia.

DEAL STATS #
Overall 1 of 1
Sector (Information Technology) 1 of 1
Type (Add-on Acquisition) 1 of 1
Country (Russia) 1 of 1
Year (2021) 1 of 1

Seller(S) 2

SELLER

Elbrus Capital

Investor Investor

Category Private Equity Firm
Founded 2007
PE ASSETS 1.0B USD
Size Large
Type Sector Agnostic
DESCRIPTION

Elbrus Capital is a private equity firm focused on acquiring controlling stakes in businesses operating in post Soviet countries. Target transaction situations can include growth financings, industry consolidation, and buyouts. Elbrus Capital was formed in 2007 and is based in Moscow.

DEAL STATS #
Overall 4 of 5
Sector (Information Technology) 1 of 1
Type (Add-on Acquisition) 2 of 2
Country (Russia) 3 of 3
Year (2021) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-12-12 YCLIENTS

Nicosia, Cyprus

YCLIENTS is a Software-as-a-Service (“SaaS”) based business management platform in Russia and the CIS focused on the automation of small and medium-sized companies from services industries. YCLIENTS was founded in 2013 and is based in Nicosia, Cyprus.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-10-28 Cian

Larnaca, Cyprus

Cian is an online real estate classifieds platform in the large, underpenetrated, and growing Russian real estate classifieds market, with a strong presence across Russia and leading positions in the country’s key metropolitan areas. Cian was founded in 2001 and is based in Larnaca, Cyprus.

Sell -
SELLER

Da Vinci Capital Management

Investor Investor Investor Investor

Category Private Equity Firm
Founded 2007
PE ASSETS 300M USD
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Da Vinci Capital Management is a private investment group focused on Eastern Europe, Ukraine, and Russia. The Firm looks to invest $10 to $20 million to fund growth capital financings and buyouts of mid-sized companies in the financial Infrastructure, payment processing, business services, IT, and consumer services sectors. Da Vinci Capital Management was established in 2007 and is headquartered in Guernsey.

DEAL STATS #
Overall 1 of 2
Sector (Information Technology) 1 of 1
Type (Add-on Acquisition) 1 of 1
Country (Russia) 1 of 1
Year (2021) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-11-20 ITI Funds

Guernsey, Cayman Islands

ITI Funds is an innovative and multi-product asset management platform. ITI Funds manages ETF, Hedge Fund, and Digital Assets platforms. ITI Funds was founded in 2015 and is based in Guernsey, Cayman Islands.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-11-10 Gett

London, United Kingdom

Gett is a technology platform focused on solving these challenges and focused on two things: 1) aggregating different vendors on a single platform, and 2) managing corporate spend on ground transportation. Gett was founded in 2010 and is headquartered in London, United Kingdom.

Sell -
Mergr

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