Budapest – CFI Hungary is pleased to announce that they acted as the exclusive corporate finance advisor to CEPEI Zrt. and Saxicola Kft. in the sale of their 20% shares of Profitline to a private strategic investor. The management of Profitline also sold 30% of their shares.
CEPEI Zrt. and Saxicola Kft. are private equity firms specializing in equity, buyouts without industry focus.
ProfitLine group provides brokerage services. It also maintains a news portal for financial media content.
Sellers and the management sold altogether 50% of ProfitLine group to a private strategic investor.
The transaction closed on 19 June 2018.
has been acquired by
a portfolio company of
as a minority shareholder in a € 25 million fundraising round