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Private Equity | TMT

Synergyc has been acquired by One Equity Partners (OEP) via its platform entity Kirey Group

May 2023 — One Equity Partners (OEP) has completed the simultaneous acquisition of Kirey Group and Synergyc with the clear goal to create a Pan-European IT Service champion.

Synergyc is a progressive, growth-oriented professional services and consulting company servicing blue-chip enterprises from its headquarters in Sofia, Bulgaria. The company is focused on solutions that help its clients optimize organizational structures, decrease risk and costs and achieve greater operational efficiencies. Synergyc has a proven track record of leading and delivering transformative IT and finance services within the commodities and energy, oil and gas, and technology services sectors.

Kirey Group is an Italian IT systems integrator and technology solutions player that supports companies through digital transformation, offering customized solutions, strategic consulting and a full range of IT services. With over 950 employees, Kirey Group has offices in Italy, Spain, Portugal, Romania, Serbia, Croatia and Kenya.

OEP is a US-based middle-market, private equity firm focused on the industrial, healthcare and technology sectors in North America and Europe. The firm seeks to build market-leading companies by identifying and executing transformative business combinations. OEP is a trusted partner with a differentiated investment process, a broad and senior team, and an established track record generating long-term value for its partners. Since inception, the firm has completed more than 300 transactions worldwide. OEP, founded in 2001, spun out of JP Morgan in 2015. The firm has offices in New York, Chicago, Frankfurt and Amsterdam.

Our role in the transaction

Oaklins’ team in Bulgaria acted as the exclusive M&A advisor to Synergyc by managing the overall sale process, including due diligence and negotiations, and provided assistance until closing.

Parties
“We are thrilled to announce that Synergyc is joining the OEP and Kirey family. We extend our appreciation to Oaklins, our M&A advisor, whose unwavering commitment, meticulous attention to detail and market understanding has ensured that we achieved the best possible outcome for the business and its future growth. The Oaklins team provided us with invaluable insights, navigating us through complex challenges and provided strategic guidance in order to maximize the value for Synergyc, ensuring a seamless and successful partnership.”

P. Joseph Lazarus

Founder and CEO, Synergyc

Talk to the deal team

Ivan Angelov

Associate Director
Sofia, Bulgaria
Oaklins Karoll

Nasko Jordanov

Principal
Sofia, Bulgaria
Oaklins Karoll

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