Schoenherr advises BlackPeak Capital on growth equity investment in Affinity Life Care

Schoenherr advised BlackPeak Capital on a growth equity investment in Affinity Life Care, a Romanian network of senior care centres.The transaction marks the first entry of a private equity fund into the senior care sector in Romania. 
 

"Having advised BlackPeak Capital on a series of private equity investments across Southeast Europe, including Romania, we are proud that our legal services support the investment firm in achieving its strategic plans in this region," said Schoenherr partner Mădălina Neagu, who led the team advising BlackPeak Capital. "We congratulate BlackPeak Capital and the founders of Affinity Life Care on this first of a kind partnership in Romania's senior care sector."

 

BlackPeak Capital, established in 2014, invests in high-growth companies in Romania, Bulgaria, Slovenia, Croatia and Serbia, backed by the European Investment Fund and other institutional investors. In 2023, the growth equity investment firm announced plans to invest up to EUR 40m in Romania through its Southeast Europe Growth Equity Fund.

 

Affinity Life Care operates three centres in Bucharest with over 400 beds and plans to double its capacity and expand into other regions of the country. The centres offer long-term care and medical rehabilitation services through a model that combines specialised medical teams, physical therapy and other services.

 

The Schoenherr team advising BlackPeak Capital was led by Mădălina Neagu (partner) and included Mihaela Popescu (managing attorney at law), Alina Cristea (senior attorney at law), Ștefan Popa (attorney at law) and Laura Buzatu-Teodorescu (senior attorney at law). Georgiana Bădescu (partner) and Darius Trușculete (senior attorney at law) advised on merger clearance and foreign direct investments (FDI) filing.