Exact Systems S.A.
On October 31, 2018 the promised agreement for the sale of all shares of Exact Systems S.A. from Work Service S.A. in MBO transaction (management buy-out) was concluded. The buyer of the shares is Remango Investments – a special purpose vehicle created by Paweł Gos and Lesław Walaszczyk – managers and founders as well as previous minority shareholders of Exact Systems S.A. – and funds co-managed by CVI Dom Maklerski sp. z o.o. The total value of the transaction is PLN 155.3 million.
Equity Advisors acted as an exclusive transaction advisor to the Management Group in the organization and coordination of management buy-outs. This is another important step in our cooperation with managers and Exact Systems, among others after the acquisition of CRS Group in Belgium and Poland and QLS in Portugal.
Exact Systems S.A. has been operating since 2004 and is a leading provider of solutions in the field of quality control, i.e. selection, repair and sorting of parts, components and finished products for representatives of the automotive industry. The main recipients of the company’s services are car manufacturers and their suppliers and subcontractors as well as plants dealing with mass production. Currently, the company is present in 13 countries: Poland, Czech Republic, Germany, Slovakia, Turkey, Romania, Russia, Great Britain, Hungary, Belgium, the Netherlands, Portugal and China. Exact Systems cooperates with over 5,000 people, who are delegated to work for its clients.
CVI Dom Maklerski sp. z o.o. is an independent investment company that continues the activity of Credit Value Investments, which in a short time gained a leading position in non-bank financing of enterprises in Poland and the region of Central and Eastern Europe.
