ORESA sold its 49% stake in Romanian Business Consult to a CEE private equity fund

ORESA announced the sale of its stake in Romanian Business Consult („RBC”), the leading vertically focused IT system integrator in retail and banking in Romania, to MidEuropa, a CEE focused private equity fund. Founder and CEO Andrei Bojiță will retain a significant minority stake and continue to lead the business.

„Since our investment in 2014, RBC has recorded more than a sixfold increase in both revenue and profitability, driven by organic growth in its core retail market through the development of new solutions and capabilities and the expansion of its client base, as well as through strategic acquisitions.” – the company said.

In 2021, the company entered the banking sector through the acquisition of ROPECO BUCURESTI, and in 2022 it further strengthened its capabilities in electronic payments and digital transformation through the acquisitions of SmartPay Software SRL and Fullscreen Digital.

Cornel Marian, Managing Partner at ORESA, commented: “RBC is another example of ORESA’s successful investments in Romania. Over the past decade, the company has grown several times, driven by the vision, commitment and leadership of Andrei Bojiță and his team. We are proud of the journey we have shared together and confident that MidEuropa will support the company in building on this strong foundation and accelerating its future growth.”