Capital Times Investment Company, a member of Globalscope International M&A Advisors, acted as an exclusive financial advisor to IT service company SolbegSoft in the deal of attracting Estonian software developer Helmes as a partner.
Joining of the partner's efforts will facilitate the optimization of internal processes in SolbegSoft and enable it to compete actively in the USA and Western Europe markets. Current owners are staying with the company and continuing to manage its further development.
Investment Banking Director of Capital Times, Dementiy Yuferev said: «We have assisted in making a deal which is considered to be a victory for both parties due to the strengthening their market positions. This deal demonstrates the relevance and strong demand for Belarussian IT business on the global market».