None
ID
Investment fund BoldMind, Pall-Ex Romania management team acquire company in deal exceeding EUR 25 million
['Romania Insider']
Romania Insider
The transaction was financed through equity provided by BoldMind Capital Partners and the management team, complemented by a financing facility from Banca Transilvania.
Pall-Ex Romania was previously part of the international Delamode Group, a specialist in logistics and international freight management.
Last year, Pall-Ex Romania generated revenues exceeding EUR 40 million.
Pall-Ex is committed to remaining Romania's benchmark for palletized freight distribution," Danor Ionescu, Chief Executive Officer of Pall-Ex Romania, said.
BoldMind Capital Partners is a regional private equity firm managing BoldMind Fund I, a EUR 60 million investment fund dedicated to high-growth private companies across Romania, Bulgaria and Croatia.