Tag Archives: exit

CV Market jobsites sold for up to 8.9 mEUR

CV Market, a regional network of Baltic and Eastern European online recruitment sites, was sold last week to a group of investors consisting of Digital Sky Technologies Limited, Tiger Global Private Investment Partners IV ja Bexley International Investments Limited, according to news published in Estonia. The deal size is announced as “up to 8.9 mEUR.” […]

Largest Baltic IT company sold for 25,5 mEUR

Although MicroLink, the leading Baltic IT services company based in Estonia, Latvia and Lithuania, was sold to local telcos already in the spring, the price of the deal – 25,5 mEUR – came public only now. Some valuation multiples compared to the 2004/2005 financial year results (running from July to June) were: 0,7 times revenues […]