Romania’s IT sector becomes a target for growing private equity activity in the region

Romanian companies in the IT sector could become targets for private equity investors who are looking to raise more money for new acquisitions in the region. Some 43% of the investors expect deal making in the Central and Eastern European region to increase in the next year, according to the latest Deloitte CE Private Equity Confidence Survey. “Recent Romanian private equity investment activity has been relatively subdued compared to our northern neighbors,” said Hein van Dam, Partner Deloitte Romania. “However, given the ongoing macro-economic momentum and the fundraising activity anticipated in the next 12 months, we are hopeful that Romania, particularly in sectors such as manufacturing and IT, will once again attract increasing amounts of private equity capital going forward,” he added. The study reveals the highest level of fundraising intention since the survey was launched back in 2003. According to the survey, CE deal-doers expect to split their time fairly evenly between fundraising (30%), portfolio management (33%) and new investments (37%) over the next six months. Interest in investing in technology has grown nearly three-fold to 20% since 2013. Romania is also part of the picture with world class technology businesses conquering the world and the sector continues to be spotted by venture funds, according to Deloitte. Chinese private equity fund starts looking for opportunities in Romania EY: Mergers and acquisitions in Romania up threefold in 2014 to the highest level in five years editor@romania-insider.com