Growth Momentum in SouthEast Asia MarketsCanvassco
When it comes to economic growth in Asia, Southeast Asia (SEA) is one of the most potential markets. Its economic bloc could become the fourth-largest economy in the world by 2030 after the United States, China, and the European Union with four countries in the region – Indonesia, Malaysia, the Philippines, and Thailand – are expected to have a GDP exceeding $1 trillion by 2030. With such a healthy growth outlook, our team collected data for selected markets in the region as an executive summary to understand the growth potential on each market.
Growth Momentum in SouthEast Asia MarketsCanvassco
When it comes to economic growth in Asia, Southeast Asia (SEA) is one of the most potential markets. Its economic bloc could become the fourth-largest economy in the world by 2030 after the United States, China, and the European Union with four countries in the region – Indonesia, Malaysia, the Philippines, and Thailand – are expected to have a GDP exceeding $1 trillion by 2030. With such a healthy growth outlook, our team collected data for selected markets in the region as an executive summary to understand the growth potential on each market.
According to our opinion 2018 is going to be a crucial pivot year that will define Greek economic standards for the years to come.
In some respects 2018 can be characterized as a “low risk” year with no new fiscal measures to be enacted and very low debt redemptions which minimizes the refinancing risk of the Greek Sovereign.
At the same time though 2018 is also a “decisions time” as a number of very significant issues - that up to now have been postponed - have to be decided. The agenda includes the debt sustainability / restructuring issue, the conclusion of 4th review, the precautionary line / cash buffer decision as well as the post-program monitoring process.
Unlike the runways of the world, the growth trend line in the aviation sector has never been straight. Long-term growth has been punctuated by demand shocks that rein in investment and impact traffic. With investors in mind, this series of articles looks at the factors that impact aviation growth, transactions, infrastructure needs, and ultimately drive air connectivity. More: http://pwc.to/1uEPT4e
A noteworthy upward trend was recorded by the Government Bond Index in May that reached a record high of 401 points. Similar levels have not been recorded again since the construction of the index. Furthermore, for the first time, the index recorded a weighted average yield of 7.1%, which is well below its level one month ago. The agreement for the completion on the Greek program evaluation and the three-point plan for debt relief, gave further impetus to the upturn of the index which had already started in mid-March.
Az eddig beérkezett adatok alapján akár 5%-kal is nőhetett a hazai GDP az első negyedévben. Az év első felében nagyon erős dinamikára számítunk, a második félévben azonban az egyre intenzívebb import-kereslet és bázishatás miatt már lassulni fog a gazdaság bővülése, 2019-ben pedig 3%-ig mérséklődhet a növekedési ütem.
SMS CO., LTD. FY03-18 Q1 Presentation material for IRsmsir
This is the presentation material for IR of SMS CO., LTD.(Securities Code:2175 / TSE1)
Financial Results Summary for the First Quarter of
the Fiscal Year Ending March 31, 2018 (the 15th Fiscal Year)
During the COVID-19 pandemic, the typically unsung
$8 trillion logistics and supply chain ecosystem
garnered unprecedented attention and became
top-of-mind for consumers and businesses trying to
procure then hard-to-find products. Seismic e-commerce
and technology driven sector shifts accelerated, leading
to record levels of deal activity starting in late 2020 and
into early 2022.
INVERLINK - IMAP Colombia recently advised SYAC on the sale of a 100% stake to Vela Software. Following this transaction, SYAC will be part of one of the most relevant ecosystems of vertical market software companies in LATAM and the world.
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Similar to IMAP Strengthens its Foothold in CEE with new Partner BICF in Romania
According to our opinion 2018 is going to be a crucial pivot year that will define Greek economic standards for the years to come.
In some respects 2018 can be characterized as a “low risk” year with no new fiscal measures to be enacted and very low debt redemptions which minimizes the refinancing risk of the Greek Sovereign.
At the same time though 2018 is also a “decisions time” as a number of very significant issues - that up to now have been postponed - have to be decided. The agenda includes the debt sustainability / restructuring issue, the conclusion of 4th review, the precautionary line / cash buffer decision as well as the post-program monitoring process.
Unlike the runways of the world, the growth trend line in the aviation sector has never been straight. Long-term growth has been punctuated by demand shocks that rein in investment and impact traffic. With investors in mind, this series of articles looks at the factors that impact aviation growth, transactions, infrastructure needs, and ultimately drive air connectivity. More: http://pwc.to/1uEPT4e
A noteworthy upward trend was recorded by the Government Bond Index in May that reached a record high of 401 points. Similar levels have not been recorded again since the construction of the index. Furthermore, for the first time, the index recorded a weighted average yield of 7.1%, which is well below its level one month ago. The agreement for the completion on the Greek program evaluation and the three-point plan for debt relief, gave further impetus to the upturn of the index which had already started in mid-March.
Az eddig beérkezett adatok alapján akár 5%-kal is nőhetett a hazai GDP az első negyedévben. Az év első felében nagyon erős dinamikára számítunk, a második félévben azonban az egyre intenzívebb import-kereslet és bázishatás miatt már lassulni fog a gazdaság bővülése, 2019-ben pedig 3%-ig mérséklődhet a növekedési ütem.
SMS CO., LTD. FY03-18 Q1 Presentation material for IRsmsir
This is the presentation material for IR of SMS CO., LTD.(Securities Code:2175 / TSE1)
Financial Results Summary for the First Quarter of
the Fiscal Year Ending March 31, 2018 (the 15th Fiscal Year)
During the COVID-19 pandemic, the typically unsung
$8 trillion logistics and supply chain ecosystem
garnered unprecedented attention and became
top-of-mind for consumers and businesses trying to
procure then hard-to-find products. Seismic e-commerce
and technology driven sector shifts accelerated, leading
to record levels of deal activity starting in late 2020 and
into early 2022.
INVERLINK - IMAP Colombia recently advised SYAC on the sale of a 100% stake to Vela Software. Following this transaction, SYAC will be part of one of the most relevant ecosystems of vertical market software companies in LATAM and the world.
Morrison Park Advisors - DNA Inc.– IMAP
Canada recently advised Noventa, a renewable
energy company, on a majority sale to Ancala
Partners. Mr. Dennis Fotinos, Noventa’s founder and
CEO, talks to IMAP about the sale, the prioritization
of decarbonization and why constant inn
IMAP’s 50th Anniversary Special Edition of Creating Value
ESG, Disruptive Innovation, Decarbonization, Sustainable Business Practices, Transport & Logistics, Pasta, Consolidation, European Healthcare Services, FMCG, TMT, Global Dealmaker Market Commentary… this edition has it all!
You can also meet our new partner Alpen Capital in the GCC and read interviews with Dennis Fotinos Founder & CEO at Noventa Energy Partners and Josef Šuber, CEO and Head of M&A, Orkla Group.
IMAP demonstrated its leadership in the M&A market once more, closing 92 transactions worth over $3 billion in the first half of 2023.
Cautious dealmaking due to global uncertainty, high interest rates, and the unresolved U.S. debt ceiling issue, meant global M&A activity experienced a significant decline of 36% in the second quarter of 2023. However, with the gradual recovery of the stock market, there is hope for restoring CEOs’ confidence in engaging in M&A deals. Furthermore, despite the decline, experts believe the M&A market still holds potential for future growth and resurgence.
The most active sectors in terms of volume were Business Services, Industrials, Technology, and Consumer & Retail,
accounting for 62% of total IMAP deal volume. However, in terms of deal value, the most active sectors were Healthcare, Technology, Consumer & Retail, and Industrials, representing 58% of total deal value. Europe was the most impacted region in terms of deal activity, following market trends.
IMAP Czech Republic talks about their recent clients, the shareholders of Web4U, a leading Czech web hosting services provider which was acquired by international web hosting company, Miss Group. They look at how consolidation by large market players continues to drive M&A activity in the sector and why global reach and cross-border support is now crucial in securing the best solution for clients looking to sell their company.
Pablo Gómez, Director at IMAP Albia Capital – IMAP
Spain talks to Creating Value about why M&A is more
than just a transaction, it is about the people behind
the deal which is why building a working environment
based on trust and empathy is a must for M&A advisors
when guiding their clients through an M&A process.
Gabor Szendroi, Managing Partner at Concorde MB Partners – IMAP Hungary looks at the effect inflation has on company valuations, and what company owners looking to sell should expect
ntercambiadores de Calor S.A. (“Intercal”) is one
of Chile’s largest manufacturers of air conditioning
equipment and its related products, including
evaporators, air condensers, and industrial fans.
IMAP closed 47 M&A transactions valued at over $2 billion in the first quarter of 2023. While the figure was down from previous quarters it was not as low as initially expected. At the macro level, interest rate hikes, persistently high inflation, financial market instability, and fears of a recession put a damper on dealmaking activity. At the transaction level, IMAP dealmakers have reported that sellers are struggling to find good buyers and disappointed with relatively low valuations, while the lack of financing is diminishing appetite among potential acquirers. Despite these challenging conditions, the market is not entirely paralyzed. High quality businesses with strong margins and defensive growth profiles continue to attract interest from well positioned strategic buyers. Financial buyers have been much less aggressive due to the high cost of capital.
Business Services, Industrials, Consumer & Retail, and Building Products & Services were the most active sectors, accounting for 60% of total IMAP deal volume. Approximately 32% of the transactions were cross-border, which is consistent with previous quarters and reflects IMAP’s global nature. The bulk of IMAP’s Q1 deals involved a target company in either Europe or North America, with deal flow slightly more limited in Asia and Latin America.
Nils Keller, Partner at IMAP Germany takes a deep dive into the Application Software market for Creating Value, providing analysis on its development throughout 2022, with special emphasis on stock market valuations and M&A activity.
At IMAP’s Fall 2022 Conference in Bilbao, Lorea Aristizabal Abasolo, Director
of Corporate Development, and Irache Pardo Villanueva, Director of Financial &
Treasury and Corporate Purchasing Officer, from CIE Automotive were invited to
lead a session looking at how M&A has been a key tool in the company’s evolution
over the last 25 years, as well as why ESG is firmly integrated into the company’s
business model.
Capstone Partners and IMAP have released its 2022-2023 Global M&A Trends Survey Report, with insights from M&A advisors across the world. This report combines Capstone’s in-depth investment banking knowledge with proprietary data obtained from 133 participating IMAP M&A advisors across 37 countries
Industrials, Technology, Healthcare, Business Services, Transportation & Logistics, and Food & Beverage were the most active sectors for IMAP in 2022, accounting for almost 70% of total deal volume. Roughly 26% of IMAP’s transactions in 2022 were cross-border
Financial Assets: Debit vs Equity Securities.pptxWrito-Finance
financial assets represent claim for future benefit or cash. Financial assets are formed by establishing contracts between participants. These financial assets are used for collection of huge amounts of money for business purposes.
Two major Types: Debt Securities and Equity Securities.
Debt Securities are Also known as fixed-income securities or instruments. The type of assets is formed by establishing contracts between investor and issuer of the asset.
• The first type of Debit securities is BONDS. Bonds are issued by corporations and government (both local and national government).
• The second important type of Debit security is NOTES. Apart from similarities associated with notes and bonds, notes have shorter term maturity.
• The 3rd important type of Debit security is TRESURY BILLS. These securities have short-term ranging from three months, six months, and one year. Issuer of such securities are governments.
• Above discussed debit securities are mostly issued by governments and corporations. CERTIFICATE OF DEPOSITS CDs are issued by Banks and Financial Institutions. Risk factor associated with CDs gets reduced when issued by reputable institutions or Banks.
Following are the risk attached with debt securities: Credit risk, interest rate risk and currency risk
There are no fixed maturity dates in such securities, and asset’s value is determined by company’s performance. There are two major types of equity securities: common stock and preferred stock.
Common Stock: These are simple equity securities and bear no complexities which the preferred stock bears. Holders of such securities or instrument have the voting rights when it comes to select the company’s board of director or the business decisions to be made.
Preferred Stock: Preferred stocks are sometime referred to as hybrid securities, because it contains elements of both debit security and equity security. Preferred stock confers ownership rights to security holder that is why it is equity instrument
<a href="https://www.writofinance.com/equity-securities-features-types-risk/" >Equity securities </a> as a whole is used for capital funding for companies. Companies have multiple expenses to cover. Potential growth of company is required in competitive market. So, these securities are used for capital generation, and then uses it for company’s growth.
Concluding remarks
Both are employed in business. Businesses are often established through debit securities, then what is the need for equity securities. Companies have to cover multiple expenses and expansion of business. They can also use equity instruments for repayment of debits. So, there are multiple uses for securities. As an investor, you need tools for analysis. Investment decisions are made by carefully analyzing the market. For better analysis of the stock market, investors often employ financial analysis of companies.
If you are looking for a pi coin investor. Then look no further because I have the right one he is a pi vendor (he buy and resell to whales in China). I met him on a crypto conference and ever since I and my friends have sold more than 10k pi coins to him And he bought all and still want more. I will drop his telegram handle below just send him a message.
@Pi_vendor_247
where can I find a legit pi merchant onlineDOT TECH
Yes. This is very easy what you need is a recommendation from someone who has successfully traded pi coins before with a merchant.
Who is a pi merchant?
A pi merchant is someone who buys pi network coins and resell them to Investors looking forward to hold thousands of pi coins before the open mainnet.
I will leave the telegram contact of my personal pi merchant to trade with
@Pi_vendor_247
Introduction to Indian Financial System ()Avanish Goel
The financial system of a country is an important tool for economic development of the country, as it helps in creation of wealth by linking savings with investments.
It facilitates the flow of funds form the households (savers) to business firms (investors) to aid in wealth creation and development of both the parties
Exploring Abhay Bhutada’s Views After Poonawalla Fincorp’s Collaboration With...beulahfernandes8
The financial landscape in India has witnessed a significant development with the recent collaboration between Poonawalla Fincorp and IndusInd Bank.
The launch of the co-branded credit card, the IndusInd Bank Poonawalla Fincorp eLITE RuPay Platinum Credit Card, marks a major milestone for both entities.
This strategic move aims to redefine and elevate the banking experience for customers.
What website can I sell pi coins securely.DOT TECH
Currently there are no website or exchange that allow buying or selling of pi coins..
But you can still easily sell pi coins, by reselling it to exchanges/crypto whales interested in holding thousands of pi coins before the mainnet launch.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and resell to these crypto whales and holders of pi..
This is because pi network is not doing any pre-sale. The only way exchanges can get pi is by buying from miners and pi merchants stands in between the miners and the exchanges.
How can I sell my pi coins?
Selling pi coins is really easy, but first you need to migrate to mainnet wallet before you can do that. I will leave the telegram contact of my personal pi merchant to trade with.
Tele-gram.
@Pi_vendor_247
The European Unemployment Puzzle: implications from population agingGRAPE
We study the link between the evolving age structure of the working population and unemployment. We build a large new Keynesian OLG model with a realistic age structure, labor market frictions, sticky prices, and aggregate shocks. Once calibrated to the European economy, we quantify the extent to which demographic changes over the last three decades have contributed to the decline of the unemployment rate. Our findings yield important implications for the future evolution of unemployment given the anticipated further aging of the working population in Europe. We also quantify the implications for optimal monetary policy: lowering inflation volatility becomes less costly in terms of GDP and unemployment volatility, which hints that optimal monetary policy may be more hawkish in an aging society. Finally, our results also propose a partial reversal of the European-US unemployment puzzle due to the fact that the share of young workers is expected to remain robust in the US.
how to sell pi coins effectively (from 50 - 100k pi)DOT TECH
Anywhere in the world, including Africa, America, and Europe, you can sell Pi Network Coins online and receive cash through online payment options.
Pi has not yet been launched on any exchange because we are currently using the confined Mainnet. The planned launch date for Pi is June 28, 2026.
Reselling to investors who want to hold until the mainnet launch in 2026 is currently the sole way to sell.
Consequently, right now. All you need to do is select the right pi network provider.
Who is a pi merchant?
An individual who buys coins from miners on the pi network and resells them to investors hoping to hang onto them until the mainnet is launched is known as a pi merchant.
debuts.
I'll provide you the Telegram username
@Pi_vendor_247
Empowering the Unbanked: The Vital Role of NBFCs in Promoting Financial Inclu...Vighnesh Shashtri
In India, financial inclusion remains a critical challenge, with a significant portion of the population still unbanked. Non-Banking Financial Companies (NBFCs) have emerged as key players in bridging this gap by providing financial services to those often overlooked by traditional banking institutions. This article delves into how NBFCs are fostering financial inclusion and empowering the unbanked.
Turin Startup Ecosystem 2024 - Ricerca sulle Startup e il Sistema dell'Innov...Quotidiano Piemontese
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Una ricerca de il Club degli Investitori, in collaborazione con ToTeM Torino Tech Map e con il supporto della ESCP Business School e di Growth Capital
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IMAP Strengthens its Foothold in CEE with new Partner BICF in Romania
1. IMAP welcomes BICF as its exclusive
corporate finance partner for M&A
activities in Romania, further expanding
its reach in the CEE region. BICF’s
Founder and Managing Partner, Bogdan
Illiescu, and Partner, Alin Pop talk to
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VIQEMRXLIQSWXHSQMRERXTPE]IVW
IMAP Strengthens its
Foothold in CEE with new
Partner BICF in Romania
/ IMAP IN FOCUS STRENGTHENING
FOOTHOLD IN CEE
BOGDAN ILIESCU
Founder Managing Partner
BICF - IMAP Romania
bogdan.iliescu@imap.com
ALIN POP
Partner
BICF - IMAP Romania
alin.pop@imap.com
Proven Credentials Established Team
-'*MWEFSYXMUYIMRZIWXQIRXFEROJSYRHIHWM]IEVW
ago and located in Bucharest. Together, our team have
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shareholders, senior management teams, boards, as
[IPPEWMRZIWXSVWSR1 %QEVOIXIRXV]WXVEXIKMIW
business planning, valuations, capital markets and
business restructuring and development.
2. Leveraging our extensive experience in corporate
finance and capital markets, we have an extensive
service portfolio enabling us to offer our clients:
• Y]ERHWIPPWMHIEHZMWSV]
• Sale preparation
• 1IVKIVEHZMWSV]
• )TPSVEXMSRSJGSQTER]ŭWPMWXMRKSTTSVXYRMX]
• Capital structure capital raising options
• Valuation exercises for management information
• %WWMWXERGIEJXIVPMWXMRKXSGSQTP][MXLVIKYPEXSV]
reporting obligations
Romania – Opportunity for Investors in a Previously
Under-Served Market
%WGERFIWIIRFIPS[XLIVIEVIQER]JEGXSVWXLEX
together, create favourable market conditions which
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attractive market for investors.
As of 2021, 54.3% of Romania’s population lived in urban centres, compared to 45.7% in
rural areas
IMAP IN FOCUS /2
STRENGTHENING FOOTHOLD IN CEE
One of the highest growing economies in the region with strong growth prospects. According
to the latest Eurostat information, in Q2 2022, it experienced one of the highest GDP growth
rates (2.1%) among the EU Member States. Furthermore, the European Commission
predicts that Romania’s GDP is estimated to grow 4.2% in 2022 (YoY) and 4.5% in 2023 (YoY)
IRIJMXWJVSQQEGVSIGSRSQMGWXEFMPMX]VIJSVQWWYTIVZMWIHF]-RXIVREXMSREP*MRERGMEP
-RWXMXYXMSRWMRGPYHMRKXLI-RXIVREXMSREP1SRIXEV]*YRH)YVSTIEREROJSV6IGSRWXVYGXMSR
and Development, and the International Finance Corporation
8LIXLPEVKIWX)YVSTIERGSYRXV]F]TSTYPEXMSR QMPPMSR EJXIV4SPERHERHXLIWIGSRH
largest in Central Eastern Europe
Romania joined NATO in 2004 and became a full member of the EU in 2007
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
Romania GDP evolution (EUR mn)
CAGR 5.7%
138,521
139,320
142,929
150,522
160,288
167,494
186,399
206,072
224,179
220,487
240,154
Source: Eurostat
,MKLP]WOMPPIHQYPXMPMRKYEP[SVOJSVGIERHPS[PEFSYVERHSTIVEXMRKGSWXW[MXLEREZIVEKI
gross labour cost of €8.5 per hour
Holds a BBB-/Baa3/BBB- Investment Grade Sovereign Rating
3. 3/ IMAP IN FOCUS
STRENGTHENING FOOTHOLD IN CEE
Romanian MA Market Highlights
If we look at the evolution of the MA market in
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PS[IVXLERMRERHEXƅQMPPMSRERHƅ
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closed, 185 in total, the average deal value and total
market size surpassed all expectations, at €36 million
ERHƅQMPPMSRVIWTIGXMZIP]
-RXLI8IGLRSPSK]MRHYWXV][EWSRGIEKEMRF]
far our top performer in terms number of deals closed,
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,IEPXLGEVIGEQIMRNSMRXXLMVHJSPPS[IHF]YMPHMRK
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to come in fourth.
Evolution of the Romanian MA Market in the Last Five Years
Avg. deal size (EUR mn)
Closed transactions Total market size (EUR mn)
2018 2019 2020 2021 2022
31 29 10 13 37
141
1,907
1,541
785
1,461
3,018
135 172 194 185
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powder and an increasing number of Romanian
FEWIH4)LSYWIWPSGEPFY]IVWEVIGSQTIXMRKSR
HIEPW[MXLMRXIVREXMSREPTPE]IVW
Building Products
Services
Consumer
Retail
Financial
Services
Healthcare
8IGLRSPSK]
Transport
Logistics
8%
16%
5%
2%
14%
39%
1%
14%
Business
Services
1%
)RIVK]
Utilities
Materials,
Chemicals
Mining
185
DEALS
IN 2022
Note:
(1) Transactions and investor types include: MA, Private Equity
(incl. LBOs), Strategic investors, VCs Angel Investors
(2) Only transactions with disclosed values were used in the
computation of the total and average deal sizes
Sources: PitchBook and BICF analysis
Food
Beverages
• Growing consumption in line
with the income increases
• Positive trend towards healthier
organic products
Building
Products
• Increased need for
new constructions and
refurbishments
• There are still sub-sectors
within the strong local
players
Agriculture
Farming
• Top geographical location
• Leading producer within the CEE
region combined with medium
decline of agricultural areas
•'YVVIRX HMJƤGYPX WMXYEXMSR MR 9OVEMRI
• Long-term growth in demand for food
Renewable
Energy
• Large number of new
developments boosted by the
abnormally high electricity prices
• Increased consumption due
to the limited gas imports and
lifestyle changes (such as
adoption of electrical cars)
-RXIVQWSJLSXWIGXSVWJSV1 %RIX]IEV[ILEZI
identified seven industries as having strong growth
potential in Romania in which we are seeing more and
more focus from both foreign and local investors:
4. Positive MA Outlook in Romania for 2023
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Following a three-month governmental crisis in late
2021, the two main opposing political forces have
joined together to form the current government with
the intention of rotating the prime minister after 18
months. The macroeconomics are balanced with a
5% growth in GDP growth in the first three quarters
FYX[MXLERMRJPEXMSRVEXISJ [LMGLXVMKKIVIH
an important rise in interest rates. There are high
hopes that Romania will become part of Schengen
in 2023 and the Cooperation and Verification
Mechanism (CVM) will be lifted, both of which are
expected to further increase the confidence of
foreign investors.
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impact on investor appetite, however, sentiments have
RS[GEPQIHERHXLIVIEVITPIRX]SJXVERWEGXMSRW
on-going. Looking at the effervescence of the MA
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]IEV;IWIIPEVKIXVERWEGXMSRWLETTIRMRKEPVIEH]ERH
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The EU Resilience Plan will boost the investments
in infrastructure and good portion of the funding
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digitalization, both sectors being on the radar of
foreign investors. Furthermore, the trend to re-locate
manufacturing capabilities from South East Asia (and
PEXIP]JVSQXLI'-7VIKMSR [MPPGVIEXISTTSVXYRMXMIW
JSVTVSHYGXMSRTPEXJSVQWXSFIEGUYMVIHF]WXVEXIKMG
investors.
We estimate that PE, both local and international, will
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RI[P]JMRERGIH4)WJSGYWMRKSR6SQERMESV'))
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increased PE investments on the local market are
the European Investment Fund fund-of-funds co-
financing schemes which are both, increasing the
number of funds and providing capital to existing PEs
for lunching new funds.
Romania’s strong and sustained economic growth,
GSQFMRIH[MXLXLIEZEMPEFMPMX]SJWMKRMƤGERXGSRWSPMHEXMSR
opportunities has caught the interest of Pan-European
JYRHWERH[IEVIWIIMRKWSQIPEVKITPE]IVWGSRWMHIVMRK
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HV]TS[HIVERHXLIMRGVIEWIMRRYQFIVSJ6SQERMER
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SRHIEPW[MXLMRXIVREXMSREPTPE]IVW
Due to both macroeconomic considerations and the
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WXVEXIKMGERHƤRERGMEPMRZIWXSVWEVIMRGVIEWMRKP]PSSOMRKEX
Romania as a “go to” market with potential for high returns.
Joining IMAP – Expanding our International Reach
Services Portfolio
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advising Romanian entrepreneurs and focused on our
local market. However, following several successful
cross-border transactions we found ourselves a
preferred MA advisor for international companies as
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Romania, we also began to look for a reputable global
partner whose access to international investors and
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strengthen our international foothold. Furthermore, we
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and with IMAP ranked one of the top-ten global mid-
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professionals in 41 countries, we can guarantee superior
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Our objective is to become the number one MA advisor
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to achieving this. At the same time, with our MA
experience, having closed over 150 transactions, along
with our knowledge and connections in the local market,
BICF also strengthens IMAP’s foothold in the CEE.
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India, Poland, and Spain on various sell-side projects we
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IMAP IN FOCUS /4
STRENGTHENING FOOTHOLD IN CEE
Technology
• One of the highest numbers of IT specialists
in the region
• Large pool of emerging companies within
the sector
• Recent success stories of start-ups from
Romania driving interest
• Entrance of larger VC funds on local market
Industrials
• Numerous companies developed
thanks to the good economic
development over the last decade
• Skilled workforce
• In-shoring of various industries
Real Estate
• High economic growth and
increasing disposable income due
to COVID
• High percentage of old housing
stock