We are
Sandberg Capital
We are an alternative investment fund management company that focuses on investing in small and medium-sized companies in Slovakia and in the region of Central and Eastern Europe. We invest in ambitious companies managed or owned by ambitious leaders. We create partnerships with people whom our capital and experience will help to achieve the highest goals.
OUR TEAM
Sandberg Capital was established in 2014.
We manage assets in the value of more than 340 mil. EUR.
Our portfolio consists of investments in the IT, agriculture, telecommunications, retail and education sectors. Portfolio companies employ more than 3,000 employees.
OUR TEAM
Martin Fedor
Managing Partner
The founder of Sandberg Capital. He led his first transaction while studying at the Faculty of Management of Comenius University in 1996. At that time, he was one of the youngest, today he is one of the most experienced. He has been involved in acquisitions, mainly in the areas of media, telecommunications, IT and energy, for more than 20 years. He likes to spend time with his family and friends, ideally in the mountains, whether walking, skiing or cycling.
Michal Rybovič
Partner
Michal studied business management at the Technical University in Zvolen and law at the University of Matej Bel in Banská Bystrica, He has over 10 years of experience in M&A and has participated in dozens of acquisitions primarily in the IT and telecommunications sectors. He is a partner at Sandberg Capital since 2016. His best relax is when running, playing hockey or doing martial arts.
Richard Flimel
Partner
Richard travelled the whole world to make sure that home is best. He studied at three universities, including law at Columbia University. He worked for Sullivan & Cromwell on Wall Street and in London as a transactional lawyer, managed TV JOJ and later created the media holding JOJ Media House. He has executed a transaction in almost every Eastern European country. He relaxes while flying, cycling and completing triathlons.
Martin Vajdička
Investment manager
Martin did not need to go anywhere to know that home is best. He believes in the good of the people and in return of the society to traditional values. He likes nature and is responsible for investments in agriculture in our company. He has 15 years of experience in acquisitions, mergers and portfolio companies’ management. He is dedicated to his family, yachting, horse riding, skiing.
František Paller
Investment manager
František has had 10 years of experience in various financial positions in multinational companies at home and abroad. He is responsible for education and retail. He is behind the entry of Sandberg Capital into Bakaláři Software, Cambridge International School and Terno real estate. He has been with us for six years and he is a living proof that the finance people are no killjoys. Few people know so many jokes but he has the right one for every situation. He spends his free time with his family, friends and doing sports.
Jakub Krajčovič
Investment manager
Jakub has lived on three continents and almost 10 years Down Under. His first career was in IT and it took him from on adventures in Hollywood movies through to PwC in Sydney. After finishing his MBA and returning to Slovakia, he found his calling in investing and developing small and medium-sized companies. At Sandberg he is actively developing our IT portfolio and in his free time he dabbles in management education. He likes to relax while scuba diving or reading and enjoys travelling the world with his family.
Matej Klenovský
Investment manager
Matej become part of our story during his studies at the Management Faculty of the Comenius University in Bratislava. During his career in Sandberg he has focused mainly on M&A in IT and telecommunications segments. Besides work, he is active in sports, he represented our country as a member of national youth football team.
Martin Skaba
Investment manager
Martin started his career in international audit and consulting company KPMG during his studies at the Economic Faculty of the Mendel University and the Faculty of Law of the Masaryk University in Brno. Before joining Sandberg Capital, he worked in a management position in the fund structure of Slovak Investment Holding. He is a member of CFA Society Slovakia and spends his free time in the mountains, hiking or mountaineering.
Diana Zachardová
Associate
Diana joined our investment team during her university studies, which opened her the world of Private Equity at the beginning of her career journey. Today in Sandberg she primarily focuses on schools, education and retail. She spends her free time travelling and doing sports in the nature.
Michal Rzavský
Associate
He studied, worked and did business at home and abroad. All activities are connected by his interest in company management and investment. He joined Sandberg Capital after working in consultancy company Deloitte, where he worked at strategy and investment projects. In our company he works primarily on portfolio investments in the IT sector. He spends his free time actively, preferably on skis or by the sea.
Martin Skrak
Lawyer
Martin has almost 20 years of experience as a banking lawyer, of which 15 years in the field of investment services and collective investment. He has been developing this experience with us since 2018, covering the legal relations and complying with the regulation requirements. Martin is a responsible detail man with the ability to perceive context and find solutions. He is a walking encyclopaedia of music and movies; he loves cultural trips or trips to nature and is also interested in social events and sports.
Katarína Čillíková
Office manager
Katka has been the soul of our company from the moment of Sandberg´s founding. She ensures the smooth operation of the office. In her free time she enjoys sports, attends social events and likes to travel.
Richard Drábek
Fund controller & administrator
Richard came to Sandberg from KPMG, where he spent 4 years in the audit department. He applies the acquired skills and experience in our finance-admin department, where he takes care of controlling, reporting and daily operation of the company and our funds. He is a passionate oldschool petrolhead loving manual gearbox, enjoys skiing and american football, and appreciates a glass of good whisk(e)y.
Natália Letková
Analyst
Natália graduated from the University of Economics in Prague with a specialization in International Business and Business Valuation. She joined our team after having worked in M&A consulting on IT, engineering and construction projects for over two years. She spends her free time with family or doing sports, such as tennis or snowboarding.
Nikodem Kadleček
Analyst
Nikodem started at Sandberg right after graduating in International Business and Politics at Copenhagen Business School. At Sandberg Capital, he focuses on the education and retail sectors. As a junior, he was an active competitor in ice dance and sport climbing. When not in motion, he likes to study music, philosophy or cook.
Miro Babič
Senior Data Engineer
After 15 years of life in big corporations Miro moved to Sandberg, where he processes big data and creates tools for automated analysis. He spends his free time with his family travelling around the world.
Sandberg acquires Phase
Solitea changes its name to Seyfor
Sandberg acquires a majority stake in GreenFox Academy
Sanagro starts with the free-range farming
Solitea acquires Besteron
Webglobe expands to the Balkans
Sandberg closes Fund II at the hard cap of 130 mil. EUR
Sandberg sells its stake in Swan
Sandberg launches summer internship Sandberg Academy 2021
Sandberg acquires a stake in Daktela
Sandberg acquires a stake in Titans Freelancers
Sandberg launches second private equity fund
WY Group has acquired Hosting 90
WY group streghtens its position on the Czech webhosting market and increases its server hosting capabilities by acquiring Hosting 90
Solitea has become the largest player in the market of own ERP software solutions in Slovenia
After an acquisition of OPAL has Solitea´s revenue exceeded 10m EUR trashold in Slovenia
Sanagro is expanding to Liptov
Sanagro has acquired a 26.7% share in the company AGRONOVA Liptov, s.r.o
We strengthened our position in the Czech market by acquiring a provider of an online information system called iŠkola.
Bakaláři software has become the new sole shareholder of company Školské informační systémy.
WY Group expands its competencies and strengthens its position in the Czech Republic
WY Group expanded its product portfolio and strengthened its competencies in the area of managed hosting by purchasing the company Stable.cz. Stable is a long-time star on the Czech market and provides services to high profile customers such as Slevomat or Sportisimo.
New addition to Solitea
AXIOM Provis, a Czech company, and its subsidiaries, joined the Solitea holding. AXIOM has been one of the leading players in the Microsoft Dynamics market for more than 25 years.
Solitea increases its share in Dotykačka Holding to 58.5%
Solitea believes in the cashier business and its expansion and therefore we decided to increase our share in Dotykačka Holding once again.
Solitea is growing in Slovenia
Our subsidiary SAOP has decided to acquire MIT Informatika, a software company that complements its product portfolio. The company is based in Kranj, near Ljubljana.
Clever Decision becomes part of Solitea
Clever Decision is a modern consulting software company specializing in Business Intelligence in middle-sized and large companies. Clever Decision implements Microsoft solutions.
WY Group strengthens its position in Slovakia and at the same time enters the Czech market
WY Group strengthens its position on the Slovak webhosting market with the acquisition of Atlantis Systems. Within the same month, it acquired one of the first web hosting companies in the Czech Republic, Ignum.cz
Sandberg Capital has started investing in the web hosting market
This happened by creating a joint venture with Igor Strečko and Juraj Hanták. Igor and Juraj are the founders of company no.2 in the Slovak market - Webglobe Yegon and together with Sandberg Capital they founded the WY Group, which aims to become a relevant player in CEE.
Solitea supports the expansion of Dotykačka Holding to Slovakia and Poland, while increasing its share in the holding to 52.5%
With its same brand, Markeeta enters Slovakia and becomes a provider of one of the most advanced cloud solutions. The sister company Dotykačka has decided to enter the Polish market, where legislation for the electronic records of entrepreneurs' sales is currently under preparation.
Solitea increases its share in Dotykačka Holding to 41.2%
Dotykačka Holding consists of the second and third largest provider of POS systems in the Czech Republic. We plan to expand to the Slovak and Polish markets with those products in the near future.
We are expanding the cashier business in the Czech Republic
After the last month's acquisition of Dotykačka Holding, we managed to successfully complete the transaction of the third largest company in the Czech Republic in this segment. We entered the company Smart Software from Karlovy Vary. The company is known on the market with the product Markeeta and with this brand it will also enter the Slovak market as an eKasa solution.
Sandberg increases its share in Solitea
Solitea has now more than thirteen companies and the number of employees is close to 1000. We are very pleased to increase our share
Solitea enters the cashier business
Solitea acquired 24% of the shares in the company Dotykačka Holding, which offers EET-compliant solutions. The company is the second largest provider of cash register solutions for small businesses in the Czech Republic with more than 11,000 licenses sold. An expansion to the Polish market is planned
Bakaláři agreed with its competitor Škola Online
After this successful acquisition, our systems serve a total of 90% of primary and secondary schools in the Czech Republic
Solitea expands WBI
Solitea is growing again. WBI offers its own as well as Microsoft solutions for companies on the Slovak and Czech market.
We are increasing our share in Bakaláři
Education is one of the Sandberg's key investment topics. We are very pleased that we have managed to increase our share in Bakaláři to 70.1%
Solitea is shopping. Four acquisitions within a month
Through its subsidiaries, Solitea acquired Allieto, BI Experts, Dynamica and GEMMA Systems. Companies focus on IT activities in the Czech Republic and Slovakia
Opening a new kindergarten
Cambridge opens a new branch in Mlynská Dolina, where it took over the management of Little Kitten. The plan is to integrate best learning practice into another institution
Sandberg increases its stake in Aqist
We believe in our smart energy solutions. Therefore, we decided to increase our share in Aqist from 47% to 87%.
We are buying a private school Cambridge International School and a kindergarten Funiversity
We are expanding our educational activities. We add a private school and kindergarten to our portfolio, which are among the top facilities with English teaching. A+!
Solitea acquires a share in CDL System
CDL System has become a new member of the Solitea holding. Its main activities include implementation of information systems, specialized IT services and construction of IT infrastructure. Solitea acquired 100% of the company's shares, including the Slovak branch.
We are buying a 100% share in the company BOS-POR AGRO
Sandberg Capital enters into the organic farming business that produces bio-quality products.
We have concluded a contract to create a joint venture of telco operators BENESTRA and SWAN
We strengthen our BENESTRA with SWAN, one of the leaders on the Slovak telecommunication market. It serves more than 58,000 customers via triple play services (voice, internet and TV). We own 50% of the joint venture
We are entering the company RD Samuela Jurkoviča
To our farms we add an established agricultural producer from Sobotište.
We are acquiring a share in the IT company Aqist
Aqist provides information systems services primarily for the energy sector. We entered the company by purchasing a minority share (46.7%).
We acquire a 100% share in Benestra
Benestra is one of the most important B2B telecommunication operators in Slovakia. It is among the top alternative operators in the country with more than 7,500 corporate customers.
We are entering the company PD “TURIEC”
Another agricultural company has been added to our portfolio. In addition to plant production, its speciality is beef breeding and sheep milk production.
We are acquiring Terno real estate
Sandberg Capital enters the retail market through the acquisition of Terno real estate's 100% share. The retail chain covers the brands Terno, Moja Samoška and Hypernova. It operates 116 stores in Slovakia.
Solitea enters the Slovenian ERP market through the acquisition of SAOP
Our Solitea became the 100% owner of SAOP. With annual sales of about € 6 million and 30,000 clients, SAOP is one of the largest players in accounting software development and business services in the Balkans.
The Czech company J.K.R. has been added to Solitea’s portfolio
Solitea acquires 100% share of the traditional Czech producer of ERP systems. The company J.K.R. has more than 1,000 customers and revenue exceeding of € 3 million.
We purchase the share in the company SANAGRO Senica
We acquired 100% shares in another significant company aimed at agricultural production.
We acquire 100% share in the company EUROAGRO Senica
We expand our portfolio by another agricultural company aimed at ecological primary production.
We enter into the company Roľnícke družstvo Častkov
From now on our investments grow on the fields and pastures near Častkov in Senica district.
We purchase a share in the company Food Farm
The company belongs to the leading producers of raw cow´s milk in Slovakia. It is also engaged in viticulture and wine production under the GOLGUZ brand.
We enter into the company PD Dolné Otrokovce
Sandberg Capital entered into a traditional agricultural company, which is engaged in crop and livestock production.
We acquire a share in the company Bakaláři
We agreed with the leader of providing software for administration of primary and secondary schools on purchase of 60% business share. The company Bakaláři serves approximately 65% schools in the Czech Republic.
We enter into the IT holding Solitea
Sandberg Capital acquired 67% shares in the Solitea holding. It brings together producers of accounting, personnel and ERP systems for small and medium-sized enterprises from Slovakia, Czech Republic and Austria. Solitea owns 100% shares in companies Cígler Software, Vema, JET ERP (Data Systems Austria), Altus and Aquasoft.