On April 25, 2025, Goodwill Pharma Plc. successfully listed its shares on the Standard category of the Budapest Stock Exchange.

Goodwill Pharma Plc. is an integrated pharmaceutical joint-stock company founded in 1997, with manufacturing facilities in Hungary and Serbia. It sells its products in 12 additional countries through subsidiaries and distribution partners, focusing primarily on Central and Eastern Europe and the Balkans. Its own manufactured and licensed pharmaceuticals and dietary supplements play an increasingly important role in its sales activities.

Concorde MB Partners was the nominated advisor and financial consultant for the listing

On March 12, 2025, the sale of Gamma Digital Kft. and its two sister companies to Transsystem S.A. was successfully completed.

Gamma Group provides high-quality electrical engineering services in the fields of industrial automation, intralogistics, robotics, and industrial IT. The Group employs around 100 people, mostly engineers. They offer solutions to a wide range of industries, with a strong presence in the pharmaceutical, food, and automotive sectors. In recent years, the Group has carried out the complete design and implementation of numerous automated high-bay warehouse systems, box handling systems, and automated forklift systems.

Polish-based Transsystem has been designing, manufacturing, and commissioning material handling systems for over 30 years, successfully completing numerous projects worldwide. Its competitive advantages include modern manufacturing based on the Quick Response Manufacturing (QRM) management system, an experienced design team, and skilled assembly technicians capable of assembling and commissioning most types of material handling systems and steel structures.

The services of the Gamma Group are practically a perfect complement to Transsystem’s activities. Through this acquisition, the companies become capable of executing even more complex and larger international projects, further enhancing their long-term growth potential.

Concorde MB Partners acted as the exclusive transaction advisor to the Seller.

In February 2025, the sale of 100% of the shares of Flor Kft., a leading Hungarian B2B hygiene and industrial cleaning product distributor to a Hungarian private investor was completed.

Flor Kft. is among the major players of the Hungarian market since its inception. The main business activities include the import and distribution of a wide range of hygiene products, industrial cleaning products, cleaning tools and machines for corporate customers. With Flor’s 1,500 sqm logistics centre, high-quality services, industry-leading digitalised sales process with data-focused customer interface and product offering tailored to changing market needs, clients are supported to implement their hygiene strategy cost-effectively.

The company was acquired by a Hungarian private investor from its founder.

Concorde MB Partners acted as exclusive transaction advisor to the Seller.

On January 16, 2025, the sale of 100% of the business shares of Technocar-MC-2003 Kft. to Lumen Holding Kft. was successfully completed.

The company’s activities cover almost the entire spectrum of metalworking, including CNC and conventional machining, TIG, MIG, laser, manual, and robotic welding, pressing and stamping, press breaking, sheet metal roll & tube bending, flame cutting, grit & sand blasting, wet painting. Production takes place at three locations, with a workforce exceeding 200 employees, manufacturing more than 1,500 different, mainly high-precision products in small and medium production series.

From the very beginning, Technocar’s philosophy has been to provide high-quality, comprehensive, and flexible services to international clients. As a result, nearly all of the Company’s revenue comes from export sales, with key clients being large multinational corporations with whom it has maintained relationships for decades. Despite its name, Technocar does not have automotive industry customers.

The Buyer, Lumen Holding, is an investment company founded by Hungarian private individuals. In recent years, its ownership group has acquired stakes in several industrial enterprises with the aim of leveraging their expertise to further grow and develop these companies.

The exclusive transaction advisor for Technocar-MC-2003 Kft. was Concorde MB Partners.

In November 2024, the sale of the shares representing the 50% ownership of Impavidus Trade Zrt. to private investors was successfully completed.

Impavidus Trade Zrt. is a distributor of natural feed supplements, soil and plant conditioning products, which can reduce the amount of chemicals used in agriculture, increase the sustainability and yield of animal husbandry and crop production, while saving significant costs.

The seller was advised by Concorde MB Partners during the transaction.

In March 2024, the sale of 100% of the shares of Pandan Kft., a leading Hungarian flexible packaging manufacturer, to a Hungarian private investor was completed.

Pandan Kft. has been a major player in the Hungarian packaging industry for almost 30 years. With its continuously renewed machinery, it offers its customers a wide range of flexible colour printing solution, including various films and pouches, and has a stable export sales. Among its customers there are players of the meat, dairy and confectionery industries.

The company was acquired from two private owners by a Hungarian private investor. Concorde MB Partners acted as exclusive transaction advisor to the Sellers.

In March 2024, the sale of 100% of the shares of Szőllős Investment Kft. to Vistin Pharma ASA was successfully closed.

Szőllős Investment Kft. was founded in 1996 and is a holding company active in the pharmaceutical industry.

Vistin Pharma ASA is a Norwegian based, listed holding company operating through its subsidiary Vistin Pharma AS, a pharmaceutical manufacturing company. The Company is a leading manufacturer and supplier of active pharmaceutical ingredients used in diabetes medicines.

The acquisition of Szőllős Investment Kft. is the first step for Vistin Pharma to become one of Europe’s leading multi-product API development and manufacturing organisations by increasing its product portfolio in line with its long-term strategy.

Concorde MB Partners was transaction advisor of seller.

The owners of Béker-Soft Informatika Kft. sold 100% of the Company’s shares to Vesta Software Group in February 2024. Béker-Soft is a key player in its sector in Hungary, providing holistic IT services, has been operating since the mid-1990s.

Béker-Soft provides software development, implementation and maintenance services, as well as hardware infrastructure installation and operation services, primarily to medical clinics and a few hospitals in Hungary, with its flagship products being the FŐNIX-Pro Health Information System and DIVAS-PRO Picture Archiving and Communication System (PACS).

The buyer, Vesta Software Group, acquires, manages and builds software companies in various vertical markets and is part of the Jonas Software Group, the subsidiary of Constellation Software Inc, listed on the Toronto Stock Exchange. Béker-Soft is Vesta’s first investment in Central Europe. The founders have kept their top-management position in the Company following the transaction.

Concorde MB Partners acted as the exclusive transaction advisor to the owners of Béker-Soft during the sale process.

In January 2024, the sale of 100% stake of a leading player on the Hungarian civil engineering market, to a member of the company’s management has been successfully closed.

The Company’s stake has been purchased by a leading manager of of the company who played a key role in the recent past in the daily operation of the company, and who will take over the full day-to-day management on an ongoing basis with the support of the exiting owner.

Concorde MB Partners was the exclusive transaction advisor of the sellers.

On 18 December 2023, the sale of 100% of the quotas of Thermowatt Kft. to Veolia Group, GloCap I. Gazdaságfejlesztési Magántőkealap and Trustify I Magántőkealap closed.

Veolia Group companies in Hungary and Poland have acquired a majority stake in THERMOWATT Energetikai és Építőipari Kft., a company developing an innovative technology for the recovery of thermal energy from wastewater. Further stake was acquired by GloCap I. Gazdaságfejlesztési Magántőkealap, managed by Global Capital Kockázati Tőkealap-kezelő Zrt., and by Trustify I Magántőkealap, managed by Trustify Investment Management Zrt.

THERMOWATT Energetikai és Építőipari Kft., founded in 2007 and based in Budapest, is a company specialising in engineering design and energy consulting, as well as the construction and operation of a CO2-free technology based on heat exchangers and heat pumps using waste water heat for heating and cooling buildings.

THERMOWATT’s innovation has won several awards and the company now holds registered, wholly owned patents in 37 countries. This technology is quick and easy to deploy and operate and offers an environmentally friendly and economical solution for energy independence and safety. There are currently 5 such systems in operation in Hungary with capacities ranging from 1 MW to MW.

Concorde MB Partners was transaction advisor of sellers.

Goodwill Pharma Plc. has increased its share capital in the form of a private placement raising HUF 1.3 billion new capital from investors. The Budapest Stock Exchange registered the new shares in the Xtend category on December 20, 2023.

Goodwill Pharma Plc. is a Hungarian integrated pharmaceutical public limited company established in 1997. The Company has manufacturing capacity in Hungary and Serbia and sells products in 10 other countries through subsidiaries and distribution partners focusing on Central and Eastern Europe and the Balkans. The Company’s own-manufactured and licensed medicines and dietary supplements play a growing role in its sales activities.

Concorde MB Partners, as nominated advisor, has provided financial advisory to Godwill Pharma Plc. for the private placement and the registration of shares in the Xtend category of the Budapest Stock Exchange.

“Financial advisory is like heart surgery. You are looking for the best and not the cheapest expertise. We have found it at CMBP.” – Dr. Ferenc Jójárt, founder and CEO of Goodwill Pharma Plc.

Számlaközpont Zrt. is one of the leading providers of electronic invoice issuing in Hungary, who develops and offers e-invoicing solutions primarily for B2B customers using ERP systems.
Since 2010, Számlaközpont Zrt. had received continuous support from X-Ventures Alpha Zrt. through its venture capital funds for the development of the activity. In order to provide further growth opportunities for Számlaközpont, the 50% stake in the Company held by the financial investor was sold to GriffSoft Zrt., an administration system developer. The 50% shareholder-founders stayed on board.
GriffSoft is focusing on budgetary institutions and local governments besides corporate clients. The transaction enables GriffSoft to strengthen its presence in B2B e-invoicing segment, while Számlaközpont gains support for further growth and international expansion.

In November 2023, the euro denominated shares of Shopper Park Plus Plc. were introduced to the premium category of the Budapest Stock Exchange. Both the institutional bookbuilding and the public sale of shares were successful, and Shopper Park Plus has issued a total of 3 445 618 new shares, which covers the planned capital raise of EUR 37.21 million.

Shopper Park Plus owns, directly and through its subsidiaries, a portfolio of 4 retail properties in the Czech Republic and 14 retail properties in Hungary. In total, it has a gross lettable area of more than 320,000 m2 shared by nearly 1,000 tenants. In the short term SPP aims to become a REIT, while in the long term SPP targets further expansion to become the owner and operator of a leading retail park portfolio in the Central and Eastern European region. One of Adventum’s investment funds holds a stake in SPP through a subsidiary.

The Concorde Group was joint lead manager and bookrunner of the IPO of Shopper Park Plus Plc.

“The IPO process was a long and busy period with some unexpected turns. The colleagues at Concorde MB Partners always put the success of the transaction and our, the client’s, interests first. Their perseverance and professionalism contributed to the success of the transaction in a great deal. We are grateful for their cooperation.” – Kristóf Bárány, founding partner of Adventum

In September 2023, Hiventures Venture Capital Fund Management Zrt., PLT4080 Befektetési Holding Kft. and an Asian investor raised HUF 587.125.000 capital in Innovatív Térburkolatfejlesztő Kft. (PLATIO Solar). PLATIO Solar is a green-tech company, its main activity is the production of solar pavement.

PLATIO is an innovative solar pavement solution a double green building material that not only generates clean energy but it is also environmentally friendly as its base is made of recycled plastic. PLATIO solar paving solution makes the solar technology part of modern architecture. It provides a new clean energy source for homes, green companies, and smart cities and even offers e-mobility solutions. The Company is represented currently in 37 countries. The product is proven with 30+ successful installation all over the world.

The company raised capital to support its growth from Hiventures Venture Capital Fund Management Zrt. and PLT4080 Befektetési Holding Kft. who had ownership in the Company prior to the transaction, and from the new investor. Concorde

MB Partners acted as the exclusive transaction advisor to Innovatív Térburkolatfejlesztő Kft. (PLATIO Solar) during the capital raise process.

On 1 August 2023, UBM Holding acquired a minority stake in Mangal Ilona Sertéshizlalda Kft., a pig fattening integration company with an annual output of 150,000 pigs. With this acquisition, UBM has further expanded its agribusiness portfolio beyond feed production and crop trading. Concorde MB Partners acted as exclusive transaction advisor to UBM Holding.

Mangal Ilona Sertéshizlalda Kft. was established in 2002 and is active in the rearing and fattening of pigs. Over the past 21 years, the company has grown steadily, both through integration and by developing its own plant in Kapolya.

UBM Holding is listed on the Budapest Stock Exchange and is one of the largest agricultural companies in Hungary. With this acquisition, it has taken a major step towards achieving its strategy of producing 350-500 thousand pigs annually by the end of the 2025/26 financial year.

“We are working with CMBP for years now. As every time, we had an exceptional experience with their services during our recent strategic acquisition. Their expertise and dedication were invaluable in navigating the complexities of the deal, helping us close it successfully. With their experience and transparent communication they played a crucial role in achieving our growth objectives. We are grateful for their outstanding service and genuine partnership, and look forward to continuing our fruitful association in the future.” Péter Horváth, CEO, UBM Holding

On July 19, 2023, the sale of the Szarvas Biogas Plant, owned by BayWa AG, was completed, with the MOL Group as the acquiring party. The exclusive transaction advisor for BayWa AG was Concorde MB Partners.

The Szarvas Biogas Plant is Hungary’s largest facility of its kind, producing over 12.5 million cubic meters of biogas annually. Operating under a diversified business model, the plant generates electricity and also generates revenue through the sale of fertilizers and green energy certificates.

BayWa AG is a multinational company based in Germany, providing a wide range of services in the agricultural and energy industries. Established in 1923, the company engages in the trading of agricultural products, agricultural participation, logistics, and the development of renewable energies. BayWa AG continually strengthens its position in the sustainable energy market, contributing to food security and the adoption of new green energy sources.

The MOL Group is Hungary’s leading oil and gas company, operating in various countries and regions. Their activities encompass oil and gas production, refining, fuel trading, and the chemical industry. Emphasizing the development and utilization of renewable energy sources, the acquisition of the Szarvas Biogas Plant represents another step for MOL towards sustainable energy usage and the promotion of green energy production while reducing greenhouse gas emissions.

“We are extremely pleased with the exceptional service provided by Concorde MB Partners during our collaboration. The team demonstrated remarkable accessibility and seamless communication, ensuring swift progress throughout the project. Their thorough preparation and follow-up for crucial meetings showcased their professionalism. We appreciated the successful market approach, yielding outstanding results. Despite a few minor hiccups in the process, Concorde MB Partners addressed them diligently and maintained a stable and amiable team dynamic since the initial pitch. Driven by their expertise and dedication, we highly recommend Concorde MB Partners to others seeking top-notch financial advisory services.” – Dr. Jörg Wössner, BayWa AG

In June 2023, Budapest Stock Exchange Plc. was listed in the Standard category of BSE on the 33rd anniversary of the Exchange’s reestablishment.

As the central player of the Hungarian money and capital market, Budapest Stock Exchange provides financial resource mobilization opportunities for participants in the economic life and offers a wide range of investment instruments for investors.

The listing of the Budapest Stock Exchange is in line with its strategy to develop the domestic capital market and can serve as inspiration for medium-sized companies aspiring to be listed. Furthermore, it supports the efforts of the majority owner, the Hungarian National Bank, to attract new investors to the ownership circle of the Exchange, thereby involving them in the success of the Hungarian and regional capital markets. The introduction of shares creates the opportunity for future private or public share sales.

Concorde Group was among the financial advisors to the Budapest Stock Exchange during the listing process.

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.