UK-Based Oaktree Capital Management Acquires 40% of Italian Costa Edutainment Theme Parks in a Deal of €40 M

UK-Based Oaktree Capital Management Acquires 40% of Italian Costa Edutainment Theme Parks in a Deal of €40 M

UK- based global asset management firm Oaktree Capital Management acquired 40% stake in the Italian operator of theme and scientific parks Costa Edutainment in a deal of €40 M. Further details of the deal were not disclosed. The agreement provides for the possibility of further investments by Oaktree in order to create a reference player […]

>> UK-Based Oaktree Capital Management Acquires 40% of Italian Costa Edutainment Theme Parks in a Deal of €40 M
Mobile Application Preglife Receives Funding from the Nordic Investor in Startups eEquity

Mobile Application Preglife Receives Funding from the Nordic Investor in Startups eEquity

The leading Sweden-based pregnancy and baby application Preglife received funding from the leading Nordic investor in digital growth companies eEquity. Financial terms and details of the deal were not disclosed. Financial advisor in the deal was SORTIS’s partner in the Globalscope M&A advisors network, Carlsquare, a corporate finance and M&A consultancy firm. With the investment, […]

>> Mobile Application Preglife Receives Funding from the Nordic Investor in Startups eEquity
Bulgarian Allterco Sells its Stake in her Five Subsidiaries to LINK Mobility Group for €7.9 M

Bulgarian Allterco Sells its Stake in her Five Subsidiaries to LINK Mobility Group for €7.9 M

Bulgarian mobile services provider Allterco has entered into an agreement with LINK Mobility Group to sell its stake in her five subsidiaries Teravoice, Tera Communications, and Allterpay, which are based in Bulgaria, Teracomm RO based in Romania and Tera Communications DOOEL in Macedonia. The company is finalizing the sale process that started last year. The […]

>> Bulgarian Allterco Sells its Stake in her Five Subsidiaries to LINK Mobility Group for €7.9 M
Martin Paev, CFA, Chairman of SORTIS Group, was a Speaker at the 4th Debt & Restructuring Forum in Vienna (Austria) on 27th June 2019

Martin Paev, CFA, Chairman of SORTIS Group, was a Speaker at the 4th Debt & Restructuring Forum in Vienna (Austria) on 27th June 2019

Mr. Martin Paev, CFA, Chairman of SORTIS Group, was a speaker at the 4th Debt & Restructuring Forum, which took place on 27th June 2019 at Marriott Hotel in Vienna, Austria. Global investors, banks and advisors discussed the overall environment for distressed debt and restructuring across Europe and what investors should look out for in […]

>> Martin Paev, CFA, Chairman of SORTIS Group, was a Speaker at the 4th Debt & Restructuring Forum in Vienna (Austria) on 27th June 2019
Bulgarian Cloud Technology Provider Tiger Technology Raised €2.3 M from Business Angels

Bulgarian Cloud Technology Provider Tiger Technology Raised €2.3 M from Business Angels

Bulgaria-based provider of high-performance shared storage solutions, Tiger Technology, received €2.3 M funding from business angels to develop its newly established product, Tiger Bridge, and expand the company’s presence on the US market. Liubomir Minchev, founder of the leading Bulgarian IT company Telelink, along with the Bulgarian entrepreneur Dimitar Rachev are among the business angels […]

>> Bulgarian Cloud Technology Provider Tiger Technology Raised €2.3 M from Business Angels
Martin Paev, CFA, Chairman of Sortis Group, spoke at the International Business Conference “Science and Business for Smart Future” on 15th of June 2019 in Varna Free University, Bulgaria

Martin Paev, CFA, Chairman of Sortis Group, spoke at the International Business Conference “Science and Business for Smart Future” on 15th of June 2019 in Varna Free University, Bulgaria

Mr. Martin Paev, CFA, Chairman of SORTIS Group (Bulgaria), was invited to take part at the International Business Conference “Science and Business for Smart Future”, which took place on the 15th of June 2019 at Varna Free University (VSU), Bulgaria. Mr. Paev was a moderator of the panel “Fintech Practices”. Discussed topics were: • How […]

>> Martin Paev, CFA, Chairman of Sortis Group, spoke at the International Business Conference “Science and Business for Smart Future” on 15th of June 2019 in Varna Free University, Bulgaria
Martin Paev, CFA, Chairman of Sortis Group, was a Speaker at the SEE Private Equity and M&A Forum in Bucharest (Romania) on 14th of June 2019

Martin Paev, CFA, Chairman of Sortis Group, was a Speaker at the SEE Private Equity and M&A Forum in Bucharest (Romania) on 14th of June 2019

Mr. Martin Paev, CFA, Chairman of SORTIS Group (Bulgaria), was invited to take part at the SEE Private Equity and M&A Forum, which took place on the 14th of June 2019 at Intercontinental Hotel, Bucharest Romania. This year at the forum, international and regional investors who are already active or are considering entry into the […]

>> Martin Paev, CFA, Chairman of Sortis Group, was a Speaker at the SEE Private Equity and M&A Forum in Bucharest (Romania) on 14th of June 2019
The German Varengold Bank Acquires 20% of Bulgarian P2P Lending Platform Klear

The German Varengold Bank Acquires 20% of Bulgarian P2P Lending Platform Klear

Germany-based Varengold Bank has signed an agreement for the acquisition of 20% stake in the Bulgarian online peer-to-peer lending platform Klear. Varengold will support the development and growth of Klear in Bulgaria and SEE with a financial package, which comprises of equity and debt funding in total of € 770,000. The transfer of shares is expected […]

>> The German Varengold Bank Acquires 20% of Bulgarian P2P Lending Platform Klear