Nefeni
- acquired by -
Symfonia

Aventis advised Symfonia on the successful acquisition of Nefeni. Symfonia, backed by Accel-KKR and MidEuropa is the leading Polish provider of accounting, payroll, and ERP software solutions. Nefeni is a specialized software producer and IT systems specialist for the public sector.

Background

Founded in 1992, Symfonia provides software solutions tailored to micro, small, and medium-sized enterprises, as well as large corporations within the enterprise segment. Backed by private equity funds Accel-KKR and MidEuropa, Symfonia is a market leader in Poland, known for its comprehensive suite of business solutions.

Nefeni has a strong presence within the public sector in Poland, with its software products and systems used by one in four local governments in the country. This established footprint in the public sector aligns well with Symfonia’s growth strategy.

The Challenge

The primary goal for Symfonia was to find a strategic acquisition that would enhance its capabilities in the public sector and provide additional value to Nefeni’s existing customer base. The challenge was to identify a partner whose strengths would complement Symfonia’s offerings, ensuring a smooth integration and maximizing the value for both companies and their customers.

Transaction

Aventis Advisors provided comprehensive buy-side advisory support to Symfonia throughout the transaction process, leveraging our expertise to:

• Identify and approach Nefeni as a strategic acquisition target
• Facilitate management introductions and strategic discussions
• Design and execute a competitive acquisition process
• Guide Symfonia through negotiations and due diligence

The result was a successful acquisition, enhancing Symfonia’s position in both the private and public sectors.

Outcome

The acquisition of Nefeni allows Symfonia to deliver a more comprehensive suite of software solutions, including advanced HR and payroll software and electronic document flow systems. These systems are designed to improve efficiency and streamline operations, providing even greater value to Symfonia’s clients.

Nefeni’s founder and key leadership will remain involved in the business post-acquisition, ensuring a smooth transition and continued success in serving their customer base.

Looking Ahead

With the addition of Nefeni’s specialized solutions, Symfonia is well-positioned to continue its growth and expand its presence in the public sector. The partnership will drive innovation and deliver even more value to clients across Poland.

Aventis Advisors Will Help You Navigate the Polish M&A Landscape

Acquiring a company involves much more than evaluating financials—it’s about finding the right cultural fit, understanding market trends, and ensuring a seamless integration post-acquisition. M&A advisors bring local expertise, alongside helping you identify the most strategic acquisition targets, navigate the complexities of the deal, and improve the probability of a transaction.

Aventis Advisors is a Polish M&A advisor focusing on IT services, software, and business services companies. Our team has accumulated significant know-how in helping international buyers navigate the unique complexities of investing in Poland. With our experience in bringing together foreign investors and Polish targets, you can trust us to take care of all your investment needs – from understanding complex financials to bridging cultural gaps!

Contact us if you want to learn more about M&A in Poland. We would be happy to answer any of your questions and find the best deals for you.