BPM Mezzanine Fund SICAV-SIF, SCA (BPM) has provided financing for an acquisition of a point of sale (“POS”) solutions provider iD Süsteemide OÜ. iDS develops POS software, provides technical support services and related hardware products. The Company is active across Estonia with a wide- and reputable client base. The new owner of the Company, DncOne OÜ, managed by Mr. Üllar Jaaksoo, plans to continue with the same business model and maintain the strong foothold in Estonia.
“It is an excellent opportunity for us to back the buy-out of iDS. This investment is a good fit for BPM Mezzanine Fund due to iDS‘s strong market position in its sector and a stable nature of the business. iDS has demonstrated decent growth at stable profitability margins” said Kalmer Kikas, Managing Partner of BPM Capital.
For further enquiries, please contact:
BPM Capital: Kalmer Kikas, tel: +372 605 0071, e-mail: kalmer.kikas@bpmcapital.eu
iD Süsteemide OÜ: Üllar Jaaksoo, tel: +372 550 5245, e-mail: ullar.jaaksoo@gmail.com