Sell-side advisory to the owners of Concorde Befektetési és Eszközkezelő Zrt.

In March 2022, Concorde Befektetési és Eszközkezelő Zrt. successfully sold its stake in HOLD Alapkezelő Zrt. (Company) to its management (Management Buy-Out).

Concorde Befektetési és Eszközkezelő Zrt. is a holding company of the owners of Concorde Értékpapír Zrt.., which manages the non-consolidated financial investments related to the company group.

HOLD Alapkezelő Zrt. is the largest independent investment fund manager in the Hungarian market with more than HUF 400 billion in assets under management. The clientele of HOLD consists mainly of Hungarian and foreign institutions, as well as domestic and foreign individuals.

The buyout provides an opportunity for the management to build on the Company’s strong fundamentals, further develop its operations and exploit its growth potential by expanding its customer base and further broadening its competencies.

The transaction advisor of Concorde Befektetési és Eszközkezelő Zrt. was Concorde MB Partners.