Private equity investor MidEuropa has acquired a majority stake in Romanian Business Consult (RBC), a vertically focused IT systems integrator, the fund said in a press release on January 5.

RBC founder and chief executive officer Andrei Bojiță will retain a significant minority stake and continue to lead the company. The transaction is subject to customary regulatory approvals and is expected to close in 2026.

Before the deal, Bojiță was the majority shareholder alongside investment fund Oresa Ventures, which in 2014 acquired around 49% of RBC’s shares from the company’s founder, Maria Schott, Bojiță’s mother, Profit reported on January 5.

RBC posted revenues of RON235.9mn (€47mn) in 2024, up 20.9% year on year, the company said. Net profit rose by 20% y/y to RON35.4mn. The group’s client base includes major retail chains such as Profi, Metro, Carrefour, Auchan, Penny, Mega Image, Brico Dépôt, Dedeman and Leroy Merlin.

Founded in 1991, RBC provides mission-critical IT systems and integration services to large retail and banking clients. Its activities span consulting, systems integration, custom software development and long-term support. The company said more than 80% of its clients have worked with RBC for over 15 years.

RBC has expanded rapidly in recent years through acquisitions. In 2021, it bought IT equipment and solutions retailer Ropeco Bucharest. This was followed in 2022 by the acquisition of IT applications producer Smartpay Software and Romanian software engineering firm Fullscreen Digital.

MidEuropa said the partnership would provide RBC with operational expertise, regional experience and mergers and acquisitions execution capabilities, supporting accelerated growth and selective expansion in a market driven by increased digitalisation and automation.

The fund has been active in Central and Eastern Europe since 1999. MidEuropa has previously invested in several major Romanian businesses, including Regina Maria, Urgent Cargus and the Profi retail chain. The fund has since exited all three investments.