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.