Tech. M&A

SoftServe acquires Hoverstate, an IT company with offices in the US and Italy. The amount of the deal can reach $18M

SoftServe, one of the largest IT companies in Ukraine, has acquired Hoverstate that specializes in a full-cycle mobile and a web development. Rob Faver, Hoverstate’s CSO and Managing Partner, and Kyung Ahn, CIO and Managing Partner, will join SoftServe. According

Bulgarian euShipments acquires Helpship, Romanian e-fulfilment provider

The Ruse-based e-commerce logistics services provider euShipments has announced the acquisition of a majority stake in Romanian fulfillment operator Helpship. The deal amount was not disclosed. It has become the second acquisition for euShipments of this year.  “A new, exciting

Polish security tech EBS is acquired by Alarm.com

A prominent Polish security communicator manufacturer EBS has been acquired by Alarm.com, a Virginia-based platform for home and businesses property security. This acquisition amplifies Alarm.com’s capabilities in delivering advanced security technologies. The details of the deal are not revealed. “By

Equiem acquires Polish proptech spaceOS

Global proptech company, Equiem, has announced the acquisition of the Warsaw-based spaceOS, which offers a complete workplace experience platform. The terms of the deal were not announced. It will provide capital for further acquisitions and the integration of spaceOS to

Innova Capital acquires majority stake in Romania’s NETOPIA Group

Innova Capital, a leading private equity firm in Central and Eastern Europe, has announced the acquisition of the majority stake in NETOPIA Group, a Romanian payment services provider. The deal will allow the fund to expand its presence in the

Grupa Wirtualna Polska acquires SAMITO, a Polish e-commerce company

Grupa Wirtualna Polska has acquired SAMITO, which provides e-commerce shops with marketing automation solutions. The deal’s amount is not disclosed. It will help strengthen the holding’s adtech platform — WP Ads.

UK pet-food group Butternut Box acquires Polish PsiBufet

The Warsaw-based PsiBufet, a fresh dog food company, has been acquired by Butternut Box. The deal allows Butternut Box to extend its operations to Central and Eastern Europe. “PsiBufet shares our commitment to providing dogs with fresh, wholesome, nutritious meals,

Bulgaria’s ATM Electronics is acquired for €3.17M by Sweden-based NOTE

Swedish electronic manufacturer NOTE has announced the acquisition of Bulgarian ATM Electronics for a price of €3.17 million (SEK 36 million). As the result of the deal, NOTE gains another electronics assembly plant in Eastern Europe. “NOTE continues to develop

Renters.pl acquires 100% shares in Rent Like Home

Warsaw-based company Renters.pl has acquired 100% shares in Rent Like Home, its competitor on the market. The undisclosed deal will help Renters.pl with the consolidation of the Polish market of short term rental services, MamStartup reports. “The inclusion of Rent