PEManagers acquires Mobiltek & Dotpay for PLN 116.2 mln

MCI.EuroVentures, a fund managed by Private Equity Managers S.A. Group (PEManagers Group), has acquired 100 percent of the shares of Mobiltek, Dotpay's owner, for PLN 116.2 million. On February 23, the Office of Competition and Consumer Protection (UOKiK) granted permission to make the transaction. "We are glad that such a valuable company has officially joined our portfolio. They have complementary offers to the eCard. The cooperation of these companies, supervised by our fund, will allow them to develop dynamically and increase their value in a very attractive market," claimed President of PEManagers and Fund Manager of MCI.EuroVentures, Cezary Smorszczewski. Dotpay has been on the market since 2001 and is the indisputable leader on the European market among companies dealing with financial services (financial services agency) within e-transfers between a merchant and a customer on the Internet. Mobiltek is the biggest (in Poland) in the field of SMS aggregation services. The company is also developing in the field of IT solutions, focusing on ​​mobile banking and mobile payments.