Vestibule Partners LLC , a member of PandionPartners was exclusive sell-side adviser to the shareholders of Adnet d.o.o. and KREANCA SUSTAVI d.o.o. on the sale of its stake to KONČAR - Digital d.o.o.

Special thanks to our team members - Marko Maurović, CFA from our partner company Audax Partners, and Tina Poropat from the Law Office Tina Poropat for their valuable and excellent support, and to the shareholders of Adnet d.o.o. and KREANCA SUSTAVI d.o.o. for their confidence during this process. Also, we congratulate the buyer - company KONČAR - Digital d.o.o. and KONČAR Group , their team members, their financial adviser Mazars in Croatia and their legal adviser Gospić Plazina Štojs Law Firm, and all others involved in the transaction.
 
Adnet d.o.o. main business activity is development of software in large systems for production and distribution of electrical energy based on application of modern IT technologies with focus on developing systems for modelling, monitoring and controlling networks, as well as turnkey engineering. Cooperating with major partners, they developed tools that are considered the best in their field. 
 
The buyer, KONČAR - Digital, a member of KONČAR Group, focuses on green energy and digital transformation.
For over 40 years, they have been at the forefront of developing digital solutions and software platforms for effective management of both power systems and vital urban infrastructure, and their certified solutions are deployed at thousands of locations across Europe, Asia, Africa, and South America. The main business areas of the KONČAR Group are the production of equipment and plants for the generation, transmission and distribution of electrical energy, as well as equipment for use in the field of transport and industry.