I-vent d.o.o. acquired by Volution Group plc
I-Vent d.o.o. is ventilation leader in Adriatic region. They are focused to B2C ventilation solutions. Main activity, R&D and company’s HQ is in Ljubljana, Slovenia with affiliated manufacturing and sales company in Zagreb, Croatia. In 2022, The Company had EUR 3,6 mn EBITDA and has long-term 25% plus annual growth. EBITDA margin is over 30%. 100% of shares of Slovenian and Croatian company were acquired by UK company Volution Group Plc (LSE: FAN), for EUR 44 mn. RJF exclusively provided all M&A services to I-Vent’s owner.
Volution Group plc
The company RJ Finance was founded by Roman JERAS in 2008. Since then more than 70 M&A references were achieved, most notable ones were Juteks d.d., Žalec, transaction of over EUR 25.000.000, with several services executed for its Belgium client, including services related to Stock Exchange Companies and Slovenian Takeover Act. Similar range of transactions were made in the project TKK Sprenica d.d., where was included also interim CEO services. Most of other transactions are Slovenian private SME's in the range 2.000.000 EUR to 10.000.000 EUR, mostly from industrial and industrial services sectors.