Telelink Business Services Group, Backed by CEECAT Capital, Acquires 70% Stake in Slovenian Actual IT to Accelerate Regional Expansion
Koper, Slovenia – June 12, 2025 – Telelink Business Services Group (“TBSG”), a portfolio company of CEECAT Fund II, announces the acquisition of a 70% stake in Actual IT and its subsidiaries (“Actual”), one of Slovenia’s leading providers of integrated IT services. The remaining 30% stake will be retained by DBA Group through its subsidiary, DBA Slovenia. The transaction remains subject to customary regulatory approvals and is expected to close by the end of 2025.
This acquisition marks TBSG’s formal entry into the Slovenian market and represents the company’s second regional acquisition in the past 12 months, following the acquisition of former Sedam IT d.o.o. in Croatia in 2024. It reinforces TBSG’s position as Southeast Europe’s leading IT system integrator and reflects its strategy of expanding through targeted M&A while strengthening local delivery capabilities.
Anthony Stalker, Partner, CEECAT Capital, commented: “Since CEECAT Capital’s investment into TBSG in June 2023, the company has gone from strength to strength. This is the second regional acquisition within the past 12 months and with this TBSG is establishing itself as the dominant regional player in this sector. The acquisition of Actual marks the entry into the Slovenian market. With CEECAT’s strong regional presence and network built over many years, we are proud to support TBSGs growth in this region. Actual IT will add additional resources with lots of synergies as well as specific product know how to the Group and I would like to thank Ivan Zhitiyanov, CEO of TBSG and the whole deal team for their hard work and ability to execute. “
Ivan Zhitiyanov, CEO, Telelink Business Services Group, added: “This deal marks a significant step forward in scaling our business across Southeast Europe. Partnering with Actual IT brings exceptional talent and deeper capabilities that will enable us to deliver even greater value to our clients. It also represents another milestone in executing TBSG’s M&A-driven accelerated growth strategy, supported by CEECAT Capital, whose strategic insight continues to guide our expansion through targeted acquisitions across the region.”
Founded in 2001 and headquartered in Sofia, Bulgaria, TBSG is the region’s largest business technology integrator, delivering advanced digital solutions to enterprise and public sector clients. The company operates across 10 countries and serves clients in over 45 countries on 4 continents. Its services are organized into seven core pillars: Compute, Storage & Backup, Modern Workplace, Public Cloud, Networking, Digital Transformation, Information Security and Internet of Things (IoT). TBSG’s client base spans telecommunications, government, and financial services, supporting their modernization, digital transformation, and cybersecurity needs.
About Telelink Business Services Group
Founded in 2001 and headquartered in Sofia, Bulgaria, TBSG is the leading IT system integrator in the region, delivering a comprehensive suite of services including IT infrastructure, information security, networking, cloud solutions, software development, AI & data automation and IoT. With local operations in 10 countries, TBSG serves clients across 45 countries on 4 continents.
About Actual IT
With over 30 years of experience, Actual is one of Slovenia’s largest IT service providers, offering a broad range of solutions including IT infrastructure, information and cybersecurity, SAP solutions, and enterprise business solutions. The company serves more than 800 active clients across 10 markets and employs over 280 professionals.
About CEECAT Capital
CEECAT Capital is a leading private equity investor focused on the high-growth markets of Emerging Europe. The fund invests in SMEs and emerging mid-cap companies with strong growth potential and a clear path toward operational improvement and international expansion. CEECAT’s strategy emphasizes value creation through active ownership, enhanced governance, and long-term developmental impact.
CEECAT Capital team operates across five offices in London, Luxembourg, Bucharest, Belgrade, and Istanbul, combining deep regional expertise with international private equity experience.
For media inquiries, please contact:
Zuzanna Kurek – Partner, Cornerstone Communications
zuzanna.kurek@cornerstone-comm.ro | 0742 431 111