PEManagers's fund acquires Mobiltek & Dotpay for PLN 116.2 mln

MCI.EuroVentures, a fund managed by Private Equity Managers S.A. Group (PEManagers Group), acquired 100 percent of shares of Mobiltek, Dotpay's owner, for PLN 116.2 million. On February 23, Office of Competition and Consumer Protection (UOKiK) gave a permission to make a transaction. "We are glad that such valuable company 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 an indisputable leader on the European market among companies dealing with financial services (financial services agency) within e-transfers between a merchant and a customer in the Internet. Mobiltek is the biggest (in Poland) in the field of SMS aggregation services. The company is also developing in the direction of IT solutions, focusing on the area of ​​mobile banking and mobile payments.