On a M&A market that plummeted by 75% last year, the names
of some less known Romanian entrepreneurs, who managed to build
businesses of several million euros and generated at least several
hundred thousand euros from them have emerged. Liviu Dumitrascu,
Daniel Tatar and Mihai Seceleanu last year collected 2m euros from
selling 25% in Internet Corp to 3RS Gisco giant, part of 3i group,
according to the Top Deals Yearbook published by ZF. Internet Corp
owns several news websites and the deal valued the business at 8m
euros. However, the deal of the year on the online segment was
signed in November 2009, when autovit.ro used car sales website was
taken over by Naspers South-African giant for 4.7m euros. Cornel
Parvu, Florea Parvu, Florian Nila and Irina Nila each pocketed over
1m euros from the sale. SmartTree HR outsourcing firm founded by
Eric Kish has also been in the spotlight in the past four years.
Kish in the end sold 56% from the company to Enterprise Investors
for 3m euros. Five entrepreneurs of Cluj in 2009 collected 4m euros
from selling Imcop Calcar to Baumit. Depending on owned stakes, the
five entrepreneurs got between 200,000 and 2.7m euros. In food
retail, a single Romanian entrepreneur managed to seal a profitable
deal. Daniel Georgescu sold four Prodas supermarkets of Bucharest
to Delhaize, collecting almost 6m euros.

Subiecte #Daniel Tatar#Liviu Dumitrascu#Mihai Seceleanu#small entrepreneurs