Telelink Business Services Group AD (BUL:TBS) signed an agreement to acquire Sedam It D.O.O. for ?9 million on February 13, 2024. The final purchase price will be paid in stages, based on the agreed company value and depending on its financial debt, cash and net working capital at the date of transfer of company shares, as well as its financial results for 2024 and 2025.

Telelink Business Services Group AD (BUL:TBS) completed the acquisition of Sedam It D.O.O. on April 1, 2024. The buyer made an initial upfront payment of ?5.1 million, based on Sedam IT's interim financial reports as of February 29, 2024 and provided guarantees to secure subsequent payments. The final upfront payment amount will be determined and disbursed following the publication of Sedam IT's financial statements as of March 29, 2024.