In March 2024, the sale of the majority stake of a Company developing softwares for financial institutions was completed.
The Company has been present in the Hungarian financial sector for decades with its own applications. The Company has a dedicated team and provides development and support services to its customers.
At the closing of the transaction, the Buyer acquired a majority stake in the Company from the Hungarian private owner.
The exclusive transaction advisor to the Seller was Concorde MB Partners.