TRANSACTIONS
2017

Vestibule Partners was exclusive sell-side adviser to EUROVIA on the sale of its Croatian subsidiary TEGRA to H-GRAD, member of the POMGRAD Group in Croatia.
Size of the transaction: Not disclosed
Date of announcement: 19 July 2017
Status: Closed
Size of the transaction: Not disclosed
Date of announcement: 19 July 2017
Status: Closed
2020

Vestibule Partners was exclusive sell-side adviser to London-based Ivanovic family on the sale of its minority stake in Croatian company CHROMOS BOJE I LAKOVI d.d. to HELIOS Group, member of the Kansai Paint Co., Ltd.
Size of the transaction: Not disclosed
Date of announcement: 15 April 2020
Status: Closed
Size of the transaction: Not disclosed
Date of announcement: 15 April 2020
Status: Closed

Vestibule Partners was a local buy-side advisor to Polish companies Navigator Capital Group and Selvita in the acquisition process of 100% of shares in Fidelta, a significant contract research organization (CRO) based in Zagreb, Croatia from Galapagos NV.
Size of the transaction: € 31.2 million
Date of announcement: 23 November 2020
Status: Closed
Size of the transaction: € 31.2 million
Date of announcement: 23 November 2020
Status: Closed

Vestibule Partners was exclusive sell-side adviser to London-based Ivanovic family on the sale of its minority stake in Croatian company PGM RAGUSA d.d., a vertically integrated construction company to a group of private investors.
Size of the transaction: Not disclosed
Date of announcement: 7 December 2020
Status: Closed
Size of the transaction: Not disclosed
Date of announcement: 7 December 2020
Status: Closed

Vestibule Partners was exclusive sell-side adviser to London-based Ivanovic family on the sale of its stake in Croatian industrial (transport and energetics) and defense contractor - ĐURO ĐAKOVIĆ GRUPA d.d. to a ST PROBIN a.s., a shielded chambers manufacturing company from Czech Republic.
Size of the transaction: Not disclosed
Date of announcement: 23 December 2020
Status: Closed
Size of the transaction: Not disclosed
Date of announcement: 23 December 2020
Status: Closed
2021

Vestibule Partners was a local buy-side advisor to Austrian companies TWAdvisers and the SeneCura Group on SeneCura’s entry into the Croatian elderly care market, and the acquisition of two elderly care and nursing homes from the Budić family. SeneCura operates nursing and clinics under the OptimaMed brand. SeneCura is part of ORPEA, a leading European player in global dependency care.
Size of the transaction: Not disclosed
Date of announcement: 8 February 2021
Status: Closed
Size of the transaction: Not disclosed
Date of announcement: 8 February 2021
Status: Closed
2022

Vestibule Partners was exclusive sell-side adviser on the sale of Vodoprivreda-Zagorje d.o.o., a company involved in preventive, regular and emergency flood defence and other waterwork activities to BMD STIL d.o.o., a retail, wholesale and distribution of construction materials company.
Size of the transaction: Not disclosed
Date of announcement: 12 January 2022
Status: Closed
Size of the transaction: Not disclosed
Date of announcement: 12 January 2022
Status: Closed

Vestibule Partners, a member of Pandion Partners Advisory Group was exclusive sell-side adviser to the owners of NEMUS LEX d.o.o. on the sale of its 100% to STADA d.o.o., a Croatian affiliate of STADA Group. As a Croatian food-supplement producer and market leader, the product portfolio of NEMUS LEX d.o.o. includes 12 groups of own brand products. The top selling brand was IMUNOSAL.
Size of the transaction: Not disclosed
Date of announcement: 19 December 2022
Status: Closed
Size of the transaction: Not disclosed
Date of announcement: 19 December 2022
Status: Closed

Vestibule Partners, a member of Pandion Partners Advisory Group was exclusive sell-side adviser to the owners of TELENERG-INŽENJERING d.o.o. on the sale of its 100% stake to KONČAR – Inženjering d.o.o., a member of KONČAR Group. TELENERG-INŽENJERING d.o.o. is a company specialized in electrical power engineering for electrical utilities and industry.
Size of the transaction: Not disclosed
Date of announcement: 29 December 2022
Status: Closed
Size of the transaction: Not disclosed
Date of announcement: 29 December 2022
Status: Closed
2023

Vestibule Partners, a member of Pandion Partners Advisory Group was exclusive buy-side M&A adviser to the Looping Group in the acquisition process of Aquacolors, one of the largest aquatic parks in Croatia and leading water parks in Southern Europe. Located in Poreč, Istria, one of the top touristic European destinations, Aquacolors becomes one of Looping’s flagships aquatic parks.
Size of the transaction: Not disclosed
Date of announcement: 04 May 2023
Status: Closed
Size of the transaction: Not disclosed
Date of announcement: 04 May 2023
Status: Closed

Vestibule Partners, a member of Pandion Partners Advisory Group was exclusive sell-side adviser to the shareholders of PRO INTEGRIS d.o.o. on the sale of its 100% stake to Siemens Energy.
PRO INTEGRIS d.o.o. is a full-service engineering and consulting company providing services in energy automation of power facilities. Clients and partners are companies and organizations dealing with generation, transmission and distribution of electricity.
Size of the transaction: Not disclosed
Date of announcement: 27 November 2023
Status: Closed
PRO INTEGRIS d.o.o. is a full-service engineering and consulting company providing services in energy automation of power facilities. Clients and partners are companies and organizations dealing with generation, transmission and distribution of electricity.
Size of the transaction: Not disclosed
Date of announcement: 27 November 2023
Status: Closed

Vestibule Partners, a member of Pandion Partners Advisory Group was exclusive sell-side adviser to Mr. Goran Večković, shareholder of SEGRAD - IVA d.o.o. on the sale of his 100% stake to UNIJABETON d.o.o.
SEGRAD – IVA d.o.o. is a concessionaire company operating one of the biggest Croatian gravel & sand exploitation field Severovci. EF Severovci is Located in Koprivnica – Križevci county with exploitation reserves of more than 9.3 million cubic metre.
Size of the transaction: Not disclosed
Date of announcement: 12 December 2023
Status: Closed
SEGRAD – IVA d.o.o. is a concessionaire company operating one of the biggest Croatian gravel & sand exploitation field Severovci. EF Severovci is Located in Koprivnica – Križevci county with exploitation reserves of more than 9.3 million cubic metre.
Size of the transaction: Not disclosed
Date of announcement: 12 December 2023
Status: Closed
2024

Vestibule Partners, a member of Pandion Partners Advisory Group was exclusive sell-side adviser to Marjanović family, shareholders of MOLARIS d.o.o. on the sale of his 100% stake to OSIJEK-KOTEKS d.d.
MOLARIS d.o.o. is a concessionaire company exploiting amphibolite stone (technical construction stone of eruptive origin) in their quarry located in Western Slavonia.
Size of the transaction: Not disclosed
Date of announcement: 29 January 2024
Status: Closed
MOLARIS d.o.o. is a concessionaire company exploiting amphibolite stone (technical construction stone of eruptive origin) in their quarry located in Western Slavonia.
Size of the transaction: Not disclosed
Date of announcement: 29 January 2024
Status: Closed

Vestibule Partners, a member of Pandion Partners Advisory Group was exclusive sell-side adviser to the shareholders of ADNET d.o.o. and KREANCA SUSTAVI d.o.o. on the sale of its stake to KONČAR - Digital d.o.o.
ADNET d.o.o. main business activity is development of software in large systems for production and distribution of electrical energy based on application of modern IT technologies with focus on developing systems for modelling, monitoring and controlling networks, as well as turnkey engineering.
Size of the transaction: Not disclosed
Date of announcement: 19 March 2024
Status: Closed
ADNET d.o.o. main business activity is development of software in large systems for production and distribution of electrical energy based on application of modern IT technologies with focus on developing systems for modelling, monitoring and controlling networks, as well as turnkey engineering.
Size of the transaction: Not disclosed
Date of announcement: 19 March 2024
Status: Closed