Project Vega
An IT distributor and systems integrator with more than 30 years of uninterrupted operations, in-house Cisco-certified engineers and a proven public procurement track record.
Investment highlights
The company distributes and integrates IT equipment (computers, servers, network, audio-video and video-conferencing systems, peripherals), software licences and installation and maintenance services. Clients are public institutions, schools, hospitals and private companies, reached through SEAP/SICAP tenders, direct contracts and online channels. ISO 9001 certified and WEEE registered.
Cisco‑certified engineers in‑house
Network design, installation and maintenance are carried out by the company’s own Cisco-certified engineers, a capability many smaller resellers have to subcontract. It supports integration projects, recurring service contracts and tenders that require certified personnel.
Proven public-sector access
17 contracts and 83 direct awards won in SEAP/SICAP, the most recent in September 2026.
Recurring client base
About 10 recurring clients generate roughly 37.5% of revenue (Seller data).
Consistently profitable
Net profit of EUR 83k in 2024 and EUR 36k in 2025; no loss-making year since 2014.
Experienced, contracted team
7 employees on employment contracts, with an average tenure of more than 7 years at the company. The owner supports the handover for at least 3 months.
Track record 2022–2025
Four years of filed accounts, profitable in each. 2024 was lifted by deliveries under EU-funded projects; 2025 reflects the recurring business.
| EUR ’000 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Revenue | 866 | 741 | 1,167 | 1,054 |
| Net profit | 37 | 13 | 83 | 36 |
| Net margin | 4.3% | 1.8% | 7.1% | 3.5% |
Source: annual financial statements filed with the Romanian Ministry of Finance, converted at the National Bank of Romania annual average EUR/RON rate (2022: 4.9315; 2023: 4.9465; 2024: 4.9746; 2025: 5.0415). 2024 includes deliveries under EU Recovery Facility (PNRR) projects. Normalised EBITDA is set out in the Information Memorandum.
Growth levers for a new owner
The business has grown on tenders and referrals. Three levers are open to a buyer from day one.
Neighbouring counties
Expand into adjacent counties with the existing team, supplier terms and public tender references.
Modern marketing
Sales rely on tenders and referrals today. Targeted digital marketing and B2B outreach are largely untapped.
Rebrand and online store
A refreshed brand and a new website with an integrated online store would open a scalable sales channel.
- National or regional IT distributors without their own presence in western Romania.
- Systems integrators seeking in-house hardware delivery and Cisco network skills.
- Regional IT firms pursuing consolidation, or an experienced manager buying in (MBI).
- Scope
- 100% of the shares; an asset deal is also possible
- Rationale
- Owner retirement, with at least 3 months of handover support
- Price
- On request, after NDA
Next steps
- Non-disclosure agreement
- Information Memorandum and financials
- Meeting with the Seller
- Non-binding offer (LOI)
- Due diligence and signing
Interested in Project Vega?
Qualified buyers receive the non-disclosure agreement first. The Information Memorandum and detailed financials follow once it is signed.
This page is for information only and does not constitute an offer to sell or a solicitation of an offer. Information comes from the Seller and from public sources (Ministry of Finance, SEAP/SICAP) and has not been audited by the advisor. Forward-looking statements are not guarantees. The Company’s identity is disclosed only after a non-disclosure agreement is signed.