CEECAT Capital invests in Telelink Business Services (TBS)
CEECAT Capital has invested in Telelink Business Services, the leading business services company in South Eastern Europe.
Founded in 2001 by Lyubomir Minchev and headquartered in Sofia, Bulgaria, TBS has established itself as the leading system integrator in the region focussing on digital transformation, infrastructure integration and management, information security and the Internet of Things (IoT).
CEECAT Fund II invests in companies in Emerging Europe partnering with visionary founders to help promote growth, good governance and social responsibility. The Fund’s themes are driven by core convergence, customer orientation, export competitiveness and import substitution in the fastgrowing markets of Emerging Europe. CEECAT will work with TBS to continue the company’s sustainable development, talent acquisition, and strategic global expansion with a specific focus on Western Europe and the US.
Anthony Stalker, Partner of CEECAT Capital:
“At CEECAT Capital, we are focused on investing in strong regional players in South East Europe, with the potential to expand globally. Lubo and Ivan have built a truly exceptional regional platform and we look forward to working with both of them and the
management team to expand the business into global markets.”
Lyubomir Minchev, TBS Founder:
“It’s a great pleasure to welcome CEECAT Capital as an active investor in TBS. We have a meeting of minds on the vision and strategy to grow the company to become a pan-European champion in digital transformation. “
Ivan Zhitiyanov, TBS CEO:
“At TBS, we cherish change, different angles of view, and the constant challenge. From what I know of CEECAT, I expect a catalyst for change and a fresh perspective on fulfilling our ambitious goals. “