In August 2020, the acquisition of Tárhelypark Kft. providing web hosting services was successfully completed.

The company was founded by Péter Képes in 2011 and has become significant market player for the last 9 years.

The company was acquired by the Slovakian Websupport, a provider of web hosting services owned by a Danish financial investor. The company is market leader in Slovakia, working on consolidation in Central and Eastern Europe with its financial investor. After the acquisition of EZIT Kft. and Magyar Hosting Kft. in 2019, Websupport took another step in order to achieve its goal of becoming the market leader in the fragmented Hungarian web hosting market.

The exclusive transaction advisor of Websupport sro was Concorde MB Partners.

In August of 2020 an important transaction has been completed in the PR market. The Red Lemon agency and Person PR have merged. After the fusion, the companies continue their business activity under the brand Red Lemon and combine their client bases as well. With this transaction their primary objectives are a more sustainable operation and the service of the growing regional customer base at the highest level.

The merger technically was executed via a share transaction: the Red Lemon bought the Person PR agency which was part of Person group. The previous owner received 15% share in the Red Lemon for the company and the Red Lemon became the 100% owner of the Person PR.

he merger of these companies is an important forerunner of the consolidation in the market. According to the management, the coronavirus pandemic just intensifies this trend. Synergies are indispensable to continue the effective operation.

Thanks to Person PR, the Red Lemon’s service portfolio expands with employer branding business. In exchange they get Red Lemon’s social media and influencer management knowledge and experience.

The Red Lemon Media is present at the local PR agency market for 15 years. Their client base includes companies like Viacom group, Red Bull, Playstation, Wizz Air, Nike, Converse and Viber. After the transaction with Person it has broadened with brands like Sió, 3M, HB Reavis, CBRE and Penny Market.

The transaction advisor of Red Lemon was Concorde MB Partners.

SunDell Nyrt received permission from the local authorities to enter the Hungarian Stock Exchange in July 2020.

SunDell is a real estate developer formed by merging three companies together with the ambition to become a REIT, ie Real Estate Investment Trust, in 2020. The Company develops residential real estates for sale purposes in Budapest along with associated commercial sections in the buildings. It has the short term goal that significant minority of its real estate portfolio should be hold for lease purposes. The ultimate beneficiary owners of SunDell are the Piukovics family and two financial investor. The professional background of SunDell is provided by the Piukovics family with almost 30 years of experience in real estate development. The aim of the listing is to professionalize the organization, ie to evolve from being a local residential developer to be a significant and diversified REIT on the Hungarian market, and to provide the opportunity for outside investors to participate in the growth story of SunDell. Although the shareholders will not raise additional capital only sell some of their shares, it is a possibility to execute an IPO and thus raise equity in the future.

The financial advisor of SunDell Nyrt during the direct listing was Concorde MB Partners.

The 100% sale of Kastélypark Clinic in Tata to Doktor24 Group was successfully closed in July 2020.

Kastélypark Clinic is a well-known institute across Hungary and an internationally acknowledged centre of medical excellence. They have been performing sports surgeries, hip and knee replacements and various other musculoskeletal surgeries since 2007, led by the founder and owner György Béres MD. The Clinic is one of the dedicated healthcare providers for the Hungarian national Olympic team and several other international elite athletic teams, an accredited medical specialist training centre and in partnerships with medical universities as well. The Clinic has treated citizens of more than 50 countries in the past 15 years.

Doktor24 Group, whose main profile is occupational healthcare and outpatient specialist care, had raised EUR 10 million capital prior to this transaction to broaden its service portfolio and consolidate the Hungarian private healthcare market.

The collaboration of Béres György, M.D. and Doktor24 Group will continue after the transaction, since Béres M.D. will be managing Doktor24’s soon-to-be opening musculoskeletal centre in Kelenföld, besides Kastélypark Clinic. Concorde

MB Partners was the exclusive transaction advisor of the Sellers.

In 2020 July, Flair Mojito Kft. a producer and retailer of dietary and allergen-free foods, sold its majority shares to an investment Company, founded by members of the acquired Company’s management.

Flair MojitoKft. under Safi brand produces allergen-free reform foods: primarily flour mixtures, food powders and numerous other healthy food ingredients. The Company sells its products mainly online with its web shop but owns a few stores as well and the products are also available at many third party retailers. The original owners of Company remained as minority shareholders and will take their part in developing and managing the Company.

The purchaser investment company was founded by a few members of the acquired Company’s management. The new majority owners previously dealt with establishing franchise networks and they are planning to support the growth of the business with these experiences. Hiventures provided capital financing to the investment company through its MFB Generation Change Programme which enabled a successful MBO (Management Buy-Out) transaction.

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

At the beginning of July 2020, KRS Holding Kft. and two Hungarian private individuals acquired the 100% share of Vertesz Elektronika Kft.

Founded in 1996 and operating for more than 60 years through its legal predecessors, Vertesz Elektronika Kft. primarily deals with the development, measurement, installation and maintenance of measuring equipment. In addition, the Company provides self-developed, complex systems for the remote control of medium voltage energy distribution systems and for the accurate measurement of energy consumption in the field of energy management. The Company primarily sells its products and system solutions to energy suppliers, power plants and larger industrial companies. The owners wanted to put the operation of the Company in safe hands due to retirement.

The investment group consists of two electrical engineers – led by KRS Holding Kft., operating in the field of energy construction and operation-, who want to further develop and actively manage the Company using their previous professional and management experience.

The exclusive transaction advisor of Vertesz Elektronika Kft. was Concorde MB Partners.

The sale of the metal processing company, Hamptons Kft., was successfully closed in June 2020. Hamptons was established in 2005 and it specialises in the production of hydraulic assemblies and pump shafts, among others in various sizes for custom orders. Hamptons manufactures its products with CNC machines and delivers them to several destinations worldwide. Almost all of the Company’s revenues come from export sales.

The 100% of the Company’s shares were purchased by group of Hungarian private individuals. Members of the investment group previously had middle- and top management roles at various medium-sized and large enterprises. Since the new owners will also actively manage the Company, this deal is another example for an MBI (Management Buy-In) transaction in Hungary.

The exclusive transaction advisor of Hamptons Kft. was Concorde MB Partners.

In March 2020, after the approval of Hungarian Competition Authority the sale of Szkaliczki és Társai Kft., a logistics tray producer to the Sweden-based Nefab Group was successfully completed. Due to the COVID-19 pandemic the closing procedure took place in unusual circumstances, the stakeholders’ participated through videoconference, represented by proxy.

With more than 20 years of track record, Szkaliczki és Társai Kft. has grown into a dominant player in the field of logistics tray manufacturing, supplying the automotive and electronics industries. To secure mutually beneficial cooperation with its Clients, the Company provides full range of services from product engineering, through in-house tooling to product manufacturing. The Orosháza-based Company had 120 employees in 2019, sales amounted to more than EUR 10 million.

Nefab, founded in 1949, is a world leading global provider of sustainable packaging solutions and logistics optimization services. Nefab serves global industrial companies in industries such as Telecom/Datacom, Energy, Automotive, Healthcare equipment and Aerospace. Nefab has 3000 employees in Europe, North and South America and Asia. Sales in 2019 amounted to 4,9 billion SEK. Owners of the Group are the Nordgren/Pihl family and FAM AB.

Szkaliczki’s leading technology and strong engineering capabilities for thermoformed trays is a fantastic addition to Nefab’s global offering of engineered multi-material packaging solutions and logistics services. With the addition of Szkaliczki’s capabilities Nefab will be even better positioned to serve customers worldwide in return flows, with engineered solutions that are optimized to lower customers’ environmental impact and reduce costs, throughout their supply chains.

During the acquisition process, the exclusive transaction advisor of Szkaliczki és Társai Kft. was Concorde MB Partners.

In February 2020, LDC Group acquired Marnevall Zrt., one of the leaders in the Hungarian food processing industry.

Marnevall produces 10,000 tones of breaded poultry, processed meat and fast-frozen products per year and generates €20 million in revenues. Its production site is located in Debrecen, Hungary, close to Tranzit, in which LDC acquired 70% in 2018, with the help of IMAP Hungary.

Franco-Hungarian LDC-Tranzit is a significant poultry processing group in Hungary, with 60 per cent share in the volume of meat-type goose production and has been a leader in the production of ducks in the country.

With the acquisition of Marnevall, LDC aims to broaden its range of downstream products and accelerate its reach into supermarkets and the out-of-home catering sector.

The IMAP Hungary team, led by Gabor Szendroi, acted as sole financial advisor to Marnevall throughout the sale process.

The sale of the assets of one of the doyens of the local private metalworking industry, the Ruget Metals Zrt., and the French-owned building in which the company operated for the past 10 years in Nagykanizsa was completed in February 2020. The Company’s predecessor, Ruget Magyarország was formed in 2003 following a carve-out of the Schneider Electric Group. At that time, Mr. Ruget operated an industrial group of seven companies among which the only non-French member was the Hungarian operation. Over the course of time, Mr. Ruget sold the members of the industrial group leaving the Hungarian company his sole remaining industrial business. As Mr. Ruget wanted to focus his business activity on France, he decided to sell the Hungarian company and its assets. The buyer was the company’s competitor, Ferzol group. The transaction advisor of Mr. Ruget was Concorde MB Partners.

In January 2020, the management of one of the leading IT and management consultancies of Hungary successfully executed an MBO transaction and acquired the entire business quota of the founding partner. The Company – one of the largest and most innovative player of management and IT consulting market in Hungary – has been serving its clients for over 20 years. It gathered significant international expertise, while delivering more than a 1000 projects to over 150 clients.

The company is focused on data-driven approach, levering business and artificial intelligence and delivering digitisation. The transaction allows the management to further unleash the significant business potential of the Company, and to maintain the dynamic growth of the last years. Introduction of further products and services planned in the fields of data management and artificial intelligence.

The Company’s transaction advisor was Concorde MB Partners.