Sandberg Capital acquires a 35 per cent stake in Czech company Revolgy Business Solutions. The management team stays on board and continues to lead the company.
PICTURE: Jakub Krajčovič, investment manager at Sandberg Capital (centre), Miroslav Vlasák, CEO of Revolgy (right) and Bohuslav Dohnal, founder of Revolgy (left).
Sandberg Capital has acquired a stake in Revolgy Business Solutions, the fastest growing central European company focused on providing next generation cloud services. The Slovakia-based PE fund has taken a 35 per cent stake in the business, the rest of the shares remain in the hands of the original shareholders.
“Revolgy Business Solutions is the undisputed Czech leader in providing services focused on digital transformation, through their cloud infrastructure offerings and online communication tools in the B2B segment. We believe that the cloud is just getting started and Sandberg aims to increase its focus on cloud services going forward. The team’s dedication to success and more than 20 years of experience in business confirm Revolgy’s position as an innovator in its field. This is underscored by the fact that Revolgy is a strategic partner with Google and Amazon Web Services,” says Jakub Krajčovič (pictured centre), investment manager at Sandberg Capital. He says that this partnership will enable Revolgy to execute market redefining changes in the cloud and enterprise IT space.
Revolgy Business Solutions today has more than 1500 customers in the private and public sectors and spread across more than 15 countries. “Having an investor come on board enables Revolgy to move forward faster and provide our clients with even better and more modern services. We are all excited about this challenge,” said Bohuslav Dohnal, Revolgy’s founder.
The current management team led by Bohuslav Dohnal (pictured left), founder and Chairman and Miroslav Vlasak (pictured right), general manager of Revolgy Business Solutions will continue to lead the firm.
Both parties agreed to keep the value and details of the transaction private.