♦ Last year, for example, a good year for the merger and acquisition market in Romania, 263 agreements were initiated. Of these, only 20 had investment funds, otherwise all the others had strategic investors ♦, however, in the next period the activity of financial investors could intensify as the budget of 400 million euros in the PNR dedicated to them will be «put to work».
In mid -March, the Private Equity Booster Capital fund, a new name in the local profile market, made its first purchase – a «significant participation» in the Bisbags bags and packaging manufacturer. Although the value of the transaction was not made public, the fund previously announced that its ticket varies between 5 and 15 million euros. And this in the context in which Booster Capital made public that he raised a total of 100 million euros for his first fund. Of this amount, almost one third (30 million euros) are money from PNRR. This is the budget of 400 million euros for active investment funds in Romania. Another 15 million euros come from the EBRD. The budget allocated from the PNRR investment funds is expected to represent an oxygen mouth for investors, but also for the M&A market as a whole, given that this money must be oriented exclusively to local companies.
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