We are pleased to announce that at the beginning of June 2023, the process of Dr. Viktor Nyíri’s investment group acquiring a stake in Győr-based Attrecto Zrt. was completed. Concorde MB Partners supported the investor in the investment process in the company.
Attrecto Zrt, founded in 2010 and currently employing more than 50 people, is a major player in the Hungarian IT development market. With offices in Győr and Budapest, it provides software design and development services in web and mobile environments.
Dr Viktor Nyíri is no stranger to the company as an investor; the investment fund he manages was previously the owner of Attrecto; his exit was made in the context of an MBO (Management Buy-out). The investor’s return to the company was due to a change in the company’s strategy. As Gergely Kiss, the company’s founder-owner, puts it, ” Since the launch of chatGPT, AI technologies have received significant publicity and the market is changing and evolving extremely rapidly. At Attrecto, we have been intensively involved in AI applications for several years and have gained world-class knowledge. Our goal is that, together with the new investor, Attrecto will become a major player in this market, both domestically and internationally”.
The Concorde MB Partners team, led by Gábor Szendrői, was the exclusive transaction advisor to Dr. Viktor Nyíri’s investment group.
