News
Proventis Partners expands into Hungary
Munich, January 26 of 2018 – Proventis Partners continues its international growth by adding Absolvo M&A with its offices in Budapest, Hungary.
Hungary and the CEE region offers a variety of M&A opportunities to companies in the german- speaking region in Europe: Access to a growing consumer market, a thriving start-up eco-system and IP think tank, as well as skilled labor and high-class production capacities.
Through its exclusive partnership with Absolvo, Proventis Partners adds local M&A expertise in Hungary, Romania, Slovenia, Croatia and Slovakia to its presence in Munich, Hamburg and Zurich. For customers from in the German-speaking countries, the affiliation of Proventis Partners and Absolvo provides a strong opportunity for their M&A projects.
“We are happy to further intensify the existing cooperation with Absolvo and to being able to support our customers with cross-border projects in a neighboring region with tailor-made solutions under one roof”, says Jan Poerschmann, Managing Partner at Proventis Partners, on the partnership with Absolvo.
About Absolvo
Absolvo is an independent advisory company founded in 2004 with headquarters in Budapest and employs 10 professionals. The range of services offered by Absolvo includes M&A consulting, arranging of growth financing and subsidies, as well as supporting internationalization and business development projects. In the past 15 years, Absolvo has successfully completed over 450 projects.
Further information about Absolvo is available at www.absolvo.hu.
About Proventis Partners
Proventis Partners is a partner-managed mid-market M&A-advisory firm, whose main clients are corporations, family businesses and private equity funds. Proventis Partners is active in the sectors TMT, energy and natural resources, consumer goods, food and retail, industrials (e.g. packaging and aerospace), healthcare and business services. Besides the three offices in Zurich, Munich and Hamburg, Proventis Partners maintains a qualified partner network in Europe, Asia, and the United States. Proventis Partners has completed with its team of 30 professionals over 200 transactions with a total transaction value of more than EUR 4 bn.