Announced

Completed

Sandberg Capital-backed Solitea completed the acquisition of a majority stake in Besteron.

Synopsis

Sandberg Capital-backed Solitea, an ERP solutions provider, completed the acquisition of a majority stake in Besteron, a developer of the online payment. Financial terms were not disclosed. “We believe that our entry into Pay Solutions in combination with the activities of Tapeon will help the company to progress even more quickly. High-quality payment solutions have enormous potential for success not only on the local market. But their development is costly, so I think that we will be able to take advantage of mutual synergy to develop a competitive product which will appeal to customers in the entire region of Central and Eastern Europe," Martin Cígler, Solitea CEO.

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