Advised the shareholders of intive, a leading European provider of next-generation software development services, on its sale to Mid Europa 
-Headquartered in Munich, intive is one of Europe’s leading independent providers of next-generation software development services, assisting clients with their digital transformations with a particular strength in the financial services and automotive sectors
-The company provides a full suite of product design and deep technology competencies, including business/ experience design, mobile/ enterprise application development, cybersecurity and cognitive products
-intive uses agile development teams working across Poland, Germany and Argentina, creating a unique blend of onshore and nearshore capabilities to achieve an optimal balance of cost effectiveness and client proximity
-Mid Europa was founded in 1999, with offices in Warsaw, London, Budapest, and Istanbul
-The fund focuses on investments in Central and Eastern Europe across several industry verticals, with the current portfolio including media, retail, energy, healthcare, technology and transportation investments
-Mid Europa has raised approximately €5.2 billion since inception, with the firm currently investing from Mid Europa Fund IV, a €800 million fund raised in 2014
-intive is well positioned to capitalise on increasing corporate demand for high-end digital transformation capabilities, as all industry verticals become ever-more reliant on software
-Mid Europa will help the company pursue various organic growth opportunities, including scaling the delivery platforms, investing further in domain-specific expertise in growth verticals and internationalisation into new geographies
-Mid Europa will also support intive in pursuing acquisitions to broaden its footprint and capabilities in a fragmented market
-Arma actively supported intive’s private equity owners (Enterprise Investors) and the management team in positioning intive’s equity story and future growth strategy, preparing for counterparty meetings and Q&A, as well as advising on deal tactics and leading negotiations
-Arma designed and executed a full sell-side process, including a detailed preparation phase followed by focused buyer outreach and two-stage execution phase
-The transaction demonstrates Arma Partners’ ability to work with international clients and counterparties on cross-border M&A, and underscores the firm’s domain expertise in technology-enabled business services