Avalon
- sold to -
R22

Avalon is a Croatian hosting and domain registration company, with a portfolio of 20,000 users serving 17% of the country’s hosting market.

The founders explored the possibility of selling the business but wanted to be certain that they are choosing the best partner for the company.

Aventis Advisors enjoyed a strong relationship with R22, a Polish listed company operating in hosting, electronic communication services, and telecommunication segments that actively pursued acquisitions across the CEE region.

Thanks to experience in the hosting market, strong relationships, and past experience with the buyer, Aventis was able to ensure the swift closing of the transactions at an attractive valuation for the sellers.

Aventis Advisors and Grubisic Partners served as the exclusive financial advisor to Avalon in the transaction.