MidEuropa is set to acquire a majority stake in Romanian Business Consult, enhancing its focus on specialized IT services in Central and Eastern Europe.
Target Information
MidEuropa has reached an agreement to acquire a majority stake in Romanian Business Consult (RBC), significantly enhancing its presence in the specialized IT services sector in Central and Eastern Europe. Founded in 1991, RBC delivers mission-critical IT solutions and integration services primarily to prominent clients in the retail, banking, and industrial sectors throughout Romania.
RBC's portfolio includes consulting, systems integration, custom software development, and ongoing support services. The company boasts a robust customer retention rate, with over 80% of its clientele having engaged with RBC for more than 15 years. This reflects the firm’s commitment to maintaining enduring relationships and its strong industry acumen, which MidEuropa has noted as integral to the company's success.
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Industry Overview in Romania
The IT services industry in Romania has seen substantial growth over the past decade, spurred by increasing investments in technology and digital transformation initiatives across various sector
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