Growth Capital

Conversific

Conversific - a unique data analytics platform serving over 30,000 webshops to help boost their revenue and profitability - secured a seed round investment to accelerate its international expansion.

Deal summary

Our Client, Conversific, offers a unique data analytics platform designed to help e-commerce stores boost revenue and profitability. By providing competitor benchmarking, actionable insights, and user-friendly decision-support tools, Conversific serves over 30,000 webshops. To accelerate international expansion, increase market share, and drive innovation, the company has secured a seed round from domestic financial investors.

Deal rationale

The Company raised funds to accelerate expansion, increase market share, and drive innovation. This investment will support growth into new markets, enhance competitiveness, and advance product development. Through these initiatives, the Company aims to strengthen its industry position and ensure long-term success.

Absolvo's contribution

Our M&A team delivered fundraising advisory services to the shareholders, including reviewing business and financial plans, negotiation and evaluation of term sheets, support during due diligence, negotiating the investment agreements, and coordinating the signing and closing, and other deal related tasks.

The deal team

Lenard Horgos
Founding Partner

Further deals...

This slider is using the Finsweet CMS slider solution. You can find the CMS list under this element with the class .hide

PingPong UX

HotJar

The UK-based PingPong UX has been acquired by ContentSquare, a global leader in digital experience analytics, and integrated into Hotjar's portfolio under the name "Hotjar Engage".

Sell-side M&A

SnapSoft

NearSummit Capital

SnapSoft – a cloud-based AWS Advanced Tier Partner company, ranked on Deloitte's "CE Fast 50" list of the fastest-growing technology companies – entered a joint venture agreement with the Seattle-based NearSummit Capital.

Joint venture

Continest Technologies

Continest Technologies, a market leader in manufacturing and distributing foldable mobile containers in approx. 30 countries worldwide, secured a seed round investment in 2019, followed by a growth equity transaction, summed up to 10 million EUR.

Growth Capital

HelloPay

OTP Mobile

HelloPay - a FinTech company serving over 5 million end users, specializes in cashless payment technologies and innovative point-of-sale systems - has been acquired by OTP Group, a publicly listed regional banking leader operating in more than 10 countries across Europe.

Sell-side M&A

Logiscool

Euroventures

Logiscool - a global coding education platform helping over 260,000 students in 360+ locations across 30 countries - secured €3.5 million funding from CEE investor Euroventures, which has invested over €200 million in 50+ companies.

Growth Capital

CEUMED

Ceres Pharma

CEUMED – a pharmaceutical and cosmetics group with operations in 6 CEE and SEE countries – has been acquired by Belgium-based Ceres Pharma - founded by the former owners of Omega Pharma, generating €130 million in revenue in 7 countries and completed 12 acquisitions between 2018 and 2023.

Sell-side M&A

biztributor

biztributor, a leading IT-security, networking, and IT management distributor, has acquired AccessPoint Kft., a major distributor in IT networking and telecom.

Buy-side M&A

Shoprenter

IdoSell

Shoprenter – a leading SaaS-based e-commerce platform provider with over 5000 webshops – has sold a majority stake to IAI (IdoSell), the market-leading Polish e-commerce SaaS provider. The transaction was supported by MCI Capital, the leading tech-focused PE in CEE, managing approximately $550 million in assets under management.

Sell-side M&A

11 Entertainment Group

Genesis Capital

11 Entertainment Group sold a majority stake to Genesis Capital to fuel the company's growth and advance its mission of becoming the leading family entertainment provider in the CEE region.

Sell-side M&A

Facekom (Techteamer)

Facekom – an innovative market leader specializing in digital customer identification, e-signature solutions, and virtual call center services – has sold a majority stake to a regionally acclaimed private equity firm, supporting its expansion in Central Eastern Europe.

Sell-side M&A