- Abris Capital acquired majority stake in Alsendo in 2020
- Abris Capital is an ESG transformation private equity fund manager
- Alsendo is a provider of delivery management services for businesses
Alsendo, backed by Abris Capital Partners, has acquired Ecolet, a B2X focused parcel services platform in Romania and Bulgaria.
No financial details of the transaction were disclosed.
Alsendo’s acquisition of Ecolet will support its international expansion and an immediate footprint in the Romanian and Bulgarian parcel services markets, according to a release.
The transaction follows Alsendo’s earlier domestic bolt-ons, as well as more sizeable add-ons of: Sendit in 2021, Zaslat in 2022 and Innoship in 2022.
Abris Capital acquired majority stake in Alsendo in 2020.
“This is the latest step in Alsendo’s strategy to build the largest tech-enabled delivery management solutions provider in Central Europe, as we drive international growth and value creation through buy and build,” said Edgar Kolesnik, partner at Abris Capital.
Alsendo will target further consolidation following the acquisition, the release added.
Alsendo is a provider of delivery management services for businesses. The firm is based in Warsaw, Poland.
Abris Capital is an ESG transformation private equity fund manager focused on mid-market opportunities in the major countries of Central Europe. The firm has investment capital of almost €1.3 billion and is based in Warsaw, Poland.