RTPR advises AROBS on SVT Electronics acquisition

The team of lawyers involved in this project was coordinated by Alina Stavaru (Partner) and Andrei Tosa (Managing Associate), and further included Cristina Enaga (Counsel), Cezara Urzica (Senior Associate), Cristina Croitoru (Managing Associate), Irina Marinescu (Associate), Andrei Nicolae and Luka Perovic (Junior Associates). Roxana Ionescu (Partner) and Serban Halmagean (Associate) provided assistance in relation to FDI aspects of the transaction.

“Nothing brings me greater professional satisfaction than seeing a client return to us with confidence, challenging us to push our boundaries and take on new mandates. This confirms that our efforts are appreciated and that our impact is real and valuable. AROBS is such a client. We had the privilege of contributing our expertise to the success of several of their acquisitions. I would like to thank them for their continued trust and congratulate them on this important new stage in the development of the group”, said Alina Stavaru, Partner of RTPR.

“With each new acquisition, AROBS reaffirms its firm commitment to innovation and consolidation of its leading position in the software services market. We are honoured to have once again assisted AROBS and we thank them for putting their trust in our team for another interesting mandate”, said Andrei Tosa, Managing Associate at RTPR.

RTPR has a longstanding partnership with AROBS Transilvania Software, assisting them in several buy-side mandates of companies in the IT sector, such as Infobest Romania (2024), Future WorkForce Global (2023), Enea Services Romania SRL (2022), UCMS Romania (2019), SAS Group (2018).

The impressive experience of RTPR’s team in corporate/M&A deals and its client portfolio recommend the law firm as the first choice for transactions in Romania. The most reputed international legal directories Legal 500, Chambers & Partners and IFLR1000 rank RTPR’s Corporate/M&A practice in first tier in the annual rankings for the law firms in Romania, and several of the team’s lawyers are recommended as Leading Lawyers or Rising Stars in individual rankings.

RTPR was named “Romania Law Firm of the Year” at the Chambers Europe Awards 2024, one of the most prestigious accolades in the legal area which confirms the firm’s status as a leader in the field.

Selected corporate/M&A deals in which RTPR have recently advised are set out below:

-        MidEuropa Partners on the EUR1.3bn sale of Profi, in the largest transaction in the retail sector ever concluded in Romania

-        Integral Capital Group on the acquisition of a majority stake in Embryos, a leading fertility and gynaecology clinic in Romania, specialised in assisted reproduction technology, offering an integrated suite of fertility treatments, including IVF

-        Abris Capital Partners on the sale of Pehart Grup, one of the largest paper producers in South-Eastern Europe, to INVL Baltic Sea Growth Fund, the leading private equity fund in the Baltic States

-        Oresa and the entrepreneur Cristian Amza on the sale of the entire stake in the La Fantana group to the strategic investor Axel Johnson

-        Wolt, a Finnish local commerce company, on the acquisition of the fast delivery platform Tazz, part of eMAG Group

-        Evryo Group, owned by funds managed by Macquarie Asset Management, on the sale of its renewable energy portfolio to PPC Group

-        PragmaGO, a company owned by the private equity fund Enterprise Investors, on the acquisition of an 89% stake in Telecredit IFN, operating under the brand name Omnicredit

-        Romcim, part of the CRH group, on the acquisition of Tehno World, a company active in the production and sale of solutions for utility infrastructure networks

-        OX2 on the sale of a 99.2 MW onshore wind project located in the Eastern part of Romania to Nala Renewables, a joint venture between IFM Investors and Trafigura

-        Innova Capital on the sale of Optical Investment Group to EssilorLuxottica