Elbrus Capital announced the investment in B2B-Center -
Summary
Elbrus Capital’s advised fund acquired a 23% stake in B2B-Center, Russia’s largest online procurement marketplace. B2B-Center operates a business-to-business procurement platform that helps buyers cut procurement costs and helps suppliers reach new customers. The company says it has handled more than 230,000 trading procedures worth over 2.5 trillion rubles. The deal positions Elbrus Capital and B2B-Center to push further expansion and strengthen the platform’s market leadership.
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