Bitdefender valued at $600M in a minority stake acquisition by Vitruvian Partners

Bitdefender valued at $600M in a minority stake acquisition by Vitruvian Partners

Growth capital investor Vitruvian Partners acquired a significant minority stake of approx. 30% of the Romanian-based cybersecurity software company Bitdefender from Axxess Capital, a CEE lower mid-market fund. The deal valued the company at cа. $600M. The Company achieved significant growth in recent years by significantly scaling up international operations and especially from its operation […]

>> Bitdefender valued at $600M in a minority stake acquisition by Vitruvian Partners
Sofia Municipality announces sale process for 67% stake in Municipal Bank

Sofia Municipality announces sale process for 67% stake in Municipal Bank

Sofia City Council approved a resolution to sell the 67.65% of Sofia Municipality in Municipal Bank. The minimum asking price of BGN 45.7 M (EUR 23.3 M) is approximately 0.75x Book Value, in line with recent transaction valuations of comparable European banks. As of June 2017, Municipal bank had total assets of BGN 1.5 Bn […]

>> Sofia Municipality announces sale process for 67% stake in Municipal Bank