At the beginning of June we announced a successful completion of the transaction in which we advised the Jaram family, owners of the leading small format retail chain in Central Croatia that was acquired by Studenac, a retail chain backed by PE fund Enterprise Investors. Although the process was very demanding, lasted for a year, we felt very rewarded after having read the following statement of our Client:


“On June 3rd 2022 we completed the sale process of Lonia trgovina and we would like to thank all of our partners with whom we have collaborated for many years, as well as all of our employees with whom we jointly built Lonia through many decades. We believe that the new owners will bring new ideas and secure further development of Lonia, which we most sincerely wish them to. Special thanks goes to Caper, our advisor who managed the whole process. Without Caper’s tremendous experience and professional leadership we would not be able to get through many challenges we faced in crucial moments of this complex sale process.”


Jaram family