History

History

  

2002

  • Magánbankár Kft (Magánbankár), is founded by István Préda, with a focus on advising on leveraged buyouts.

2003

  • Magánbankár expands its activities to capital raising and sell side advisory.
  • The founding of the Mergers and Acquisitions Central and Eastern Europe (MACEE) Network, with the participation of 8 M&A advisory companies in the region.

2004

  • Magánbankár closes its first M&A transaction, the sale of leading HVAC contractor Csőszer Rt, to a local strategic investor.
  • MACEE enters a strategic alliance with International Network of Mergers and Acquisitions Partners (IMAP).

2005

  • 3 capital raising transactions completed with the Hungarian Development Bank (MFB).
  • Magánbankár decides to focus its activity on executing company disposals.

2006

  • 3 company sale and buyout transactions closed, with a combined value of EUR 35 million including the sale of Szigma-Coop of Győr to French ETDE (Bouygues group).
  • MACEE merges into IMAP and Magánbankár becomes its exclusive Hungarian partner.
  • The Firm Value Newsletter (Cégértéklevél) is launched and soon becomes the leading periodical on M&A and Valuation, in Hungary..

2007

  • Magánbankár closes a record year with 5 completed transactions, among them the sale of Jászberényi Aprítógépgyár and Gulliver Kft.
  • Firm Value  is published on 20 pages, 10 times a year.
  • IMAP’s Construction industry group is founded, with Istvan Préda taking the chair.
  • István Préda joins IMAP’s Board of Directors.
  • MB moves into an independent office in Budapest’s 2nd district, with the highest density of high net worth company owners in Hungary.

2008

  • Firm Value is launched in English.
  • Magánbankár converts itself into a joint stock company and is renamed MB Partners Zrt.
  • Magánbankár together with BNP Paribas Private Banking organises the 1st M&A Conference for Private Companies in Budapest, attended by 150 owners of midsized and large companies.
  • Due to the pre-recession slowdown in dealflow, MB Partners completes only 2 transactions, one of them a landmark leveraged recapitalisation and management buy-in for Szabadics Zrt.
  • 2 multinational companies choose MB Partners to advise them on acquisitions in Hungary and Romania.

2009

  • Firm Value becomes bilingual and is expanded to 24 pages.
  • The M&A Hungary blog debuts.
  • MB Partners organizes the 2nd Private Companies’ M&A Conference attended by over 120 midmarket entrepreneurs.
  • MB Partners closes 3 deals, including the sale of leading wifi internet provider, Dunaweb to private equity owned Fibernet.

2010

  • The M&A market improves. MB Partners closes 4 transactions, including the 60% sale of hospital software developer Globenet Zrt, to Warsaw-listed Asseco group.
  • MB Partners is runner-up in ISI Dealwatch’s (Euromoney Group) M&A league table for 2010, by number of transactions.

2011

  • MB Partners re-brands IMAP MB Partners, reflecting the firm’s growing integration with its international the IMAP organisation.
  • IMAP MB Partners SRL, opens in Bucharest’s elite Dorobanti district, managed by Péter Huncsik.
  • IMAP MB Partners becomes the leading advisor in Hungary according to ISI Dealwatch with 5 closed M&A transactions, including the first cross border deal between Hungary and Romania.

2012

  • IMAP MB Partners opens an office on the East Coast of the United States near Richmond, Virginia, to take advantage of superior growth prospects and the lack of IMAP coverage in the state.

2013

  • IMAP MB Partners specialises in Engineering Investment Banking, the area of its primary expertise.

2014

  • Launched Dresner MB Partners, a joint Venture with Dresner Partners, a middle-market investment bank with offices in Chicago and New York.