Enterprise Investors to Acquire Poland-based SMT Software Services for EUR36.1 Million (CEE and CIS)

Source: CEE and CIS

Central and Eastern Europe-focused private equity and venture capital firm Enterprise Investors has agreed to acquire Poland-based software company SMT Software Services for EUR36.1 million (approximately US$41 million), in a carve-out transaction from Poland-based holding company SMT. The transaction will be structured through Enterprise Investors’ Polish Enterprise Fund VII. Enterprise Investors will merge SMT Software Services with its existing portfolio company BLStream. The transaction is subject to regulatory approval.