In February 2022, Puli Space Technologies raised the funds needed for its further growth from an angel investor in the form of a SAFE (Simple Agreement for Future Equity) instrument. This was the first such transaction in Hungary, during which Concorde MB Partners supported Puli Space as its financial advisor.

In February, 2022, the Budapest based, digital consulting and project engineering firm, IncepTech Ltd. was bought by McKinsey& Company. Via this transaction, McKinsey has created its fourth „digital studio” in the continent, just after London, Berlin and Stockholm.

This successful transaction was supported Concorde MB Partners.

In February 2022, the sale of the majority stake of CanalCom Kft. to FCSM Mélyépítő és Karbantartó Kft., a subsidiary of the Budapest Sewage Works, the sewage system provider of Budapest was successfully closed.

As a pioneer of optical fiber network development in the Hungarian telecommunications industry, CanalCom Kft, together with its partners, has been engaged in the design, construction, sale, rent, operation and maintenance of optical fiber networks deployed in sewers for more than 20 years in Hungary. The CanalCom team is the sole expert team in Hungary that applies international technology and knowledge in this niche market.

Prior to the transaction, the company was owned by the founding Hungarian private individuals, whose majority stake was sold to a subsidiary of the Company’s strategic partner, Budapest Sewage Works, which is the sewage system provider of Budapest.

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

In December 2021, GOPD participated in the Bond Funding for Growth Scheme (NKP) announced by the National Bank of Hungary and issued bonds with a nominal value of HUF 5.5 billion. The proceeds will be used to purchase and develop new plots and to buy shares in SunDell Estate Nyrt.

GOPD Nyrt. was founded in 2018 with the participation of professionals and strategic investors working in real estate development for decades. The goal of its founding was to create a stable, long-term viable formation. Accordingly, the company covers the full spectrum of real estate investments, including real estate planning, development, construction, financing and sales. In August 2019, GOPD shares were listed on the Xtend category of the Budapest Stock Exchange.

The financial advisor to GOPD Nyrt. in the credit rating and bond issuance was Concorde MB Partners.

In December 2021, Eprolius Ingatlan Nyrt. was listed in the standard category of the Budapest Stock Exchange.

Eprolius Ingatlan Nyrt. is a real estate investment company with the ambition to become a real estate investment trust (REIT), regulated under Hungarian law as SZIT, in 2021. The Company primarily buys, restructures and leases commercial properties located in the center of cities with county status, and secondarily buys and leases industrial and logistics properties in the vicinity of Budapest. The main owner of the Company is Eprolius Hungary Zrt., which manages the private investments of the owners of LISS Zrt. The clear goal of going public is to professionalize so that the Company can grow into a dominant and diversified real estate investment company and to allow outside players to benefit from Eprolius’s growth. With listing, the owners do not raise new capital, they solely sell shares to third party investors.

Concorde MB Partners acted as sole financial advisor to Eprolius Ingatlan Nyrt. during the listing.

In December 2021, the sale of the 100% stake of Schneider Kft. to a group of Hungarian private investors was successfully closed.

Schneider Kft. has been engaged in the production and maintenance of fixed cranes since 1991 by providing its customers with a wide range of travelling and jib cranes, HB-systems, chain hoists and other parts. Over the past 30 years, the group has grown into one of the industry’s leading companies in the regional market, with – in addition to the local operations of its Romanian subsidiary – active presence in other European countries, such as Bulgaria, Russia, Germany and Switzerland.

Prior to the transaction, the group was owned by the founding Austrian and Hungarian private individuals, whose shares were sold to a group of Hungarian private investors.

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

On November 10, 2021, Hellmann Worldwide Logistics International GmbH acquired a 100% stake in Innight Hungary Express Kft.

Since 2010, Innight has been providing Hungarian and international overnight express delivery services to its customers. In the field of overnight forwarding, customers receive their shipments by the beginning of the work day, no later than 8 am in the morning, thus gaining a significant competitive advantage over users of traditional daytime express delivery. In recent years, Innight has grown into Hungary’s leading overnight express solutions provider, also establishing subsidiaries in Romania and Slovakia.

Hellmann Worldwide Logistics was founded in 1871 in Osnabrueck, Germany by Carl Heinrich Hellmann and is still family-owned today. Hellmann is a major global player in the fields of logistics, with more than 263 sites in 59 countries and € 2.5 billion in net sales in 2020. Hellmann’s range of services includes classic forwarding services by Airfreight, Seafreight, Road & Rail, as well as a comprehensive range of CEP services, Contract Logistics, Industry and IT solutions.

Through the transaction, Hellmann entered the Hungarian market and aims also to grow into related overnight express delivery markets.

The exclusive transaction advisor to the buyer was Concorde MB Partners.

In November 2, 2021. Central European Automation Holding a.s. successfully acquired the 100% of shares of Antra ID Kft.

Antra ID has been dealing with the development, distribution, implementation and support of automatic identification (Auto ID) systems since 1990. As a system integration, the Company optimizes its customers’ logistical and production processes with its proprietary, tailor-made solutions which also fulfil the Industry 4.0 requirements. The Company’s solutions, Auto ID systems are available for all industries whether it is automotive, pharma, retail, FMCG, 3PL or electronics. Antra ID offers and uses various technologies such as barcode, RFID solutions, real-time location systems, RF terminals, voice picking systems, automated guided vehicles / autonomous mobile robots.

Central European Automation Holding (CEAH) is a CEE-based group of companies, providing complex portfolio of services in industrial automation CEAH was established by a private equity fund. As a whole, the group is able to provide end-to-end, turnkey industrial automation solutions from machine building, engineering services, control systems to intralogistics. CEAH currently consists of three, closely cooperating specialist companies.

The sole financial advisor of Antra ID Kft. was Concorde MB Partners.

In October 2021, the sale of majority shares of Inwatech Kft. to Susterra Capital Partners Venture Capital Fund Management Zrt., Water4All Kft. and the Company’s management was completed. Susterra Capital Partners manages the Water Impact Fund established with the investment of MFB Invest Zrt.

Since 2001, the engineering service company Inwatech Kft. has acquired a decisive role in the design and construction of residential and industrial wastewater treatment (50+ units) and biogas (10+ units) plants in Hungary, and in several cases it also operates them. Since 2014, the Company has been applying its own technological procedures in these areas. The complex service also includes the planning and execution of the project, together with different main and subcontractors, depending on the project

Prior to the transaction, the Company was owned by three individuals, two of whom were no longer actively involved in day-to-day operations, so they decided to sell their shares.

The exclusive transaction advisor to the Sellers was Concorde MB Partners.

On 30 September 2021, Trans-Sped Logisztikai Szolgáltató Központ Kft. purchased 100% of Euro-Log Kft.

Euro-Log has been providing tailor-made, value-creating, innovative solutions for its clientele in the field of international shipping, groupage transportation, custom clearance, warehousing and various further logistics services since 1994. The company serves the following directions: Baltic States – Scandinavia, former Soviet Union, Turkey – Middle East, Western Balkans, Hamburg.

Trans-Sped Kft. started its operation as an international freight forwarder company in 1990, and since it has developed into a dynamically growing company group employing nearly 800 people. Its complex service portfolio includes freight forwarding and road transportation, warehouse and production logistics, e-commerce logistics, air and sea freight forwarding, customs administration and other value added logistics services. With this transaction, Trans-Sped aims to strengthen Euro-Log’s current warehouse logistics, custom clearance, freight forwarding and transportation services and broaden its own groupage transportation service portfolio.

The sole transaction advisor of the buyer was Concorde MB Partners.

In September 2021, the partial sale of one of Hungary’s leading manufacturers of ready-to-eat salad and vegetable mixes was successfully completed. K&K Family Kft., founded in 2003 by Hungarian private individuals, processes and packs vegetables in its modern 3,500-square-meter plant in the village of Tök near Budapest. In 2020, the company’s revenue was HUF 2.81 billion and profit after tax HUF 267.5 million, most of which was generated by the international retail chains in Hungary, which make up the company’s main customer base.

The buyer is a dynamically growing Polish family company based on similar foundations, Green Factory Holding Sp.z oo. As a market leader, Green Factory supplies Poland’s largest retail chains and the HoReCa sector with ready-to-eat salads, fresh, washed vegetables and ready meals. The brand is also internationally recognized, leading in the markets of Germany, the Czech Republic, Slovakia, Ukraine and the Baltic countries.

The exclusive transaction advisor to the sellers was Concorde MB Partners.

In August 2021 the sale of Marillen Kft., one of the leading fruit pulp and frozen fruit producers and the related Aranykajszi Kft., which is engaged in fruit production was successfully completed. Marillen Kft. was established in 1992 by Hungarian private individuals. Annual fruit processing capacity of the Company exceeds 8,000 tons, and its cold store, which was expanded in 2018, can store 1,000 tons of deep-frozen fruit. Clientele of Marillen mainly consists of domestic and Western European bakeries, soft drink producers, jam- and baby food manufacturers, the quality of its products is guaranteed by Bio certificate and FSSC certificate. Aranykajszi Kft., which leases a total of 40.5 hectares from private individuals, grows apricots on 22 hectares, while peaches and plums on the remaining area.

The Companies’ 100% stakes were purchased by a group of 5 private investors who were executives of various companies during their careers.

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

In August 2021 the sale of the Kapos-Füszért Ltd. site was completed.

This means that the last element of the real estate portfolio previously managed by Balaton Füszért and later Csopak Rt. has been sold. The warehouses were built in Kaposvár in the early 1980s, initially operated as the central warehouse of Balaton-Füszért. The 15,000 sqm available for rent is 99.8% occupied, with a diverse tenant base: from retail, state/municipal tenants to manufacturing; offices are also available for rent in addition to warehousing. The 5-acre property complex was purchased by a domestic private individual in a competitive sales process.

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

SunDell is a Hungarian real estate developer, formed by the merger of three independent companies, with the ambition of becoming a REIT, a Real Estate Investment Trust. The Company develops residential buildings and related business premises for sale in Budapest, however SunDell’s goal is to increase the share of its real estate assets used for lease purposes to 50%. The professional leadership is provided by one of the ultimate beneficiary owners, the Piukovics family, who has nearly 30 years of experience in real estate development.

In July 2020, the shares of SunDell were introduced on the Budapest Stock Exchange, and in August 2020, the Company obtained the REIT status. In November 2020, it participated for the first time in the Bond Funding for Growth Scheme (NKP) announced by the National Bank of Hungaryand issued bonds with a nominal value of HUF 11 billion. In spring 2021, SunDell established a framework for issuing green bonds, which Scope Ratings independently rated as the second highest available category. In July 2021, SunDell issued a green bond under the NKP. The planned issue size was HUF 5 billion, which was oversubscribed by more than 45%. The Company accepted a bid of HUF 5.5 billion in nominal value. The amount raised will be used to finance and develop ongoing green investments and to launch new green real estate development projects.

The financial advisor to SunDell Estate Nyrt. in the credit rating and bond issuance was Concorde MB Partners.

Union Biztosító and Doktor24 created a joint venture in order to build a nationwide private healthcare services provider network primarily through acquisitions, secondarily through greenfield investments. Első Magánegészségügyi Hálózat Zrt. aims to provide high quality insurance and healthcare services throughout the country.

Concorde MB Partners supported Union Biztosító in creating the joint venture, and developing its syndicate structure.

In May, 2021, the MBO transaction involving Bankmonitor Kft has been successfully closed in which the management was supported by HiVentures as equity partner.

Bankmonitor Kft. started as a webpage comparing banking products, and today, with the help of its self-developed calculator, thousands of products of more than 30 banks and financial service providers can be compared via its online interface with a few clicks. Other user-friendly features include the ability to request an online quote for mortgage, personal loan, baby loan or bank account opening, and personal loan disbursement and bank account opening are now 100 percent digital.

During the process, EuroVentures, the former partial owner and its investor partners wanted to exit the company.

Concorde MB Partners acted as the MBO team’s exclusive transaction advisor.

In May 2021, the sale of Greenroom Ltd., one of Hungary’s leading full-service creative agencies, and the related Greenfield-Consulting Ltd. were successfully completed.

Focusing on the SME sector, the agency offers its clients complete communication solutions, including communication strategy and campaign design and implementation, branding, brand strategy design, and integrated brand communication through 360-degree campaigns in both domestic and international markets.

The Company’s 100% stake was purchased by a Hungarian and a Slovak private investor who were owners and executives of various companies during their careers.

With the completed purchase, another transaction was realized in Hungary in which external management was the buyer (MBI – Management Buy-In).

Greenroom’s exclusive transaction advisor was Concorde MB Partners.

The 100% sale of Morello Kft. and Morello Land Kft. to a group of private investors was successfully closed in April, 2021.

Morello Kft., founded in 1990, deals exclusively with organic fruit production in Veszprém county. It leases areas from private individuals and 97 hectares from Morello Land Kft. The plantations grow morellos, apricots, cherries and sea buckthorn. The Group is one of the largest producers of organic morellos, accounting for about third to half of Hungary’s organic morello areas.

The Sellers, Kapos-Füszert Kft. (legal successor of Csopak Holding Rt.) and Zwack Nyrt, the minority owner decided to sell the long-owned shares. In the competitive sales process the group of private investors, led by Mr. György Raskó, agricultural economist, won the right to enter into a contract.

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

Concorde MB Partners supported Capture, an IT services company operating in Austria the entire DACH region and Hungary in its investment into an Israeli start-up. The start-up offers a specific service which is a real improvement in customer experience in a system already distributed by Capture. This activity supplements the present activities of Capture Group. Besides cooperation on an ownership level, Capture became distributor of the system. The objective of the start-up is to reach profitability within 2 years.

CMBP acted as exclusive transaction advisors to Capture.

In April 2021 the owners of Stanc-Pack acquired the 100% stake in Royalpack Kft.

Since its establishment in 1998, Royalpack Kft, has became one of the leading players on the Hungarian packaging market. The Company is engaged in wood packaging, pallet production and distribution, as well as the production of wooden crates and pallet elevators.

Stanc-Pack Kft., owned by Hungarian private individuals, specializes primarily in the production of customized industrial packaging materials. The Company’s main business activities are corrugated board processing, cardboard plastic processing, repair and distribution of solid polymer packaging technology products, and assembly of high value-added products for the export markets..

Stanc-Pack Kft. was acquired in 2018 in the management buy-in (MBI) transaction, the owner-managers have taken it to a new level with this transaction: acqusition of Royalpack Kft provides an excellent opportunity for them, in line with its main strategic objective to provide more complex services to their customers by expanding their product portfolio.

Hiventures provided capital financing to the investment company through its MFB Generation Change Programme.

The exclusive transaction advisor of the Buyers was Concorde MB Partners.

In December 2020, Trans-Sped Logisztikai Szolgáltató Központ Kft. purchased 27% minority share of Webshippy Magyarország Kft. from MFB Növekedési Tőkealap (Growth Fund of Hungarian Development Bank).

Webshippy was established in 2016 and provides fulfillment services for webshops. The key element of the Company’s value proposition is a proprietary cloud based logistics software which automatically synchronizes webshop orders with the Company’s system. Therefore, the founders think of themselves as a technology company rather than a logistics firm. MFB invested in the company first in December 2017 to support Webshippy’s early stage development as a financial investor and became minority shareholder.

Trans-Sped started its operation as an international freight forwarder in 1990, but since then, it has become a complex logistics solution provider. Its service portfolio covers transportation, freight forwarding, warehousing, management of customs administration, production and value added logistics activities.

In line with its strategic goals, Trans-Sped initiated the transaction to accelerate its presence in the quickly growing fulfillment segment. The two companies have already started their business collaboration during the preparatory phase of the transaction process. While Webshippy’s competitive edge is the efficient service of smaller webshops, Trans-Sped aims to serve larger clients with complex needs. This way the two companies’ activities complement and strengthen each other on the fulfillment market.

The sole transaction advisor of the purchaser was Concorde MB Partners.

In december 2020 the sale of the minority share of Cobra Control Kft. to A.R.M Befektető Kft. was successfully completed.

Cobra Control Kft. mainly develops, manufactures, assembles and services high-quality functional testers, production lines, assembly stations and vibration diagnostics and provides other related services. The Company has carried out hundreds of projects so far, mainly to automotive and electronics industry customers.

Prior to the transaction, the Company was owned by six private individuals. Four of them were involved in the management of the Company. The other two owners – who possessed significant minority shares – were not involved in the daily operation of the Company and decided to sell their shares.

The business shares of the two inactive owners has been bought by an investor company managed by Dr. Attila Pókecz who is also the owner of Cerbona.

The new ownership structure holds great potential for the Company as the existing professional and industry knowledge is now supported by strong financial background and deep financial expertise

The sole transaction advisor of the sellers was Concorde MB Partners.