RTPR has assisted the private equity fund Integral Venture Partners on its investment in Medima Health, a chain of medical clinics with a national presence, specialised in imaging and radiology. Integral Venture Partners thus joins Morphosis Capital, the majority shareholder of Medima Health to support the expansion of Medima clinics. This transaction also marks the first investment made by Integral Venture Partners in Romania.
RTPR involved in this deal a team made of Costin Taracila (Managing Partner), Marina Fecheta-Giurgica (Managing Associate), Vlad Stamatescu (Senior Associate) and Serban Halmagean (Associate) for the transaction documents, and further included Ana Maria Barbu (Senior Associate), Diana Dimitriu, Cezara Urzica, Andrei Tosa (Managing Associates), Flavia Mincu, Filip Marinau and Ozana Ghic (Junior Associates) for the due diligence process. Roxana Ionescu (Partner) and Serban Halmagean advised on FDI aspects of the transaction.
“Few days ago we announced the closing of an M&A deal and now we are again in the news with another one. This is the 19th M&A transaction signed this year and we are even closer to break our 2021 record of 20 deals. This time a private equity deal in the healthcare sector, two areas in which we have a proven track record. We are happy to have advised IVP in their first investment in Romania. It was a pleasure to work with the professional teams of IVP and Morphosis Capital and wish them a successful partnership for Medima”, said Costin Taracila, Managing Partner of RTPR.
“We are honoured for the opportunity to advise on this joint venture which we trust will mark the growth story of Medima as a notable high-quality radiology group, with a focus on such a key field as oncology. We would like to thank IVP for putting their trust in our team and for the excellent collaboration and we wish them and their partners best of luck in their development plans”, said Marina Fecheta-Giurgica, Managing Associate at RTPR.
The extensive experience of RTPR’s Corporate/M&A team in private equity deals and its client portfolio in this sector recommend the law firm as the first choice for private equity funds for their transactions in Romania. Legal 500, Chambers & Partners and IFLR1000, the most reputed international legal directories, rank RTPR’s Corporate/M&A practice in first tier in the annual rankings for the law firms in Romania, and the team’s lawyers are recommended as Leading Lawyers in individual rankings.
Selected private equity deals in which RTPR have recently advised are set out below:
- Enterprise Investors on the sale of Noriel, the largest toys and games retailer in Romania, to Sunman Group
- Catalyst Romania on the acquisition of a minority stake in Evolution Prest Systems S.R.L., the company that owns the e-commerce website evoMAG.ro
- GreenGroup, a company in the portfolio of private equity fund Abris Capital Partners, on the acquisition of UAB Ecso, a Lithuanian LDPE (Low Density Polyethylene) recycling company
- Dual role on the investment of the private equity fund Morphosis Capital in Cronos Med Group, leader in aesthetic medicine in Romania
- Sarmis Capital on the acquisition of a majority stake in Corporate Office Solutions (COS), the leading integrated office fit-out services provider in Romania
- Morphosis Capital and a consortium of investors from Belgium, on the acquisition of a majority stake in EMI Equipement Maintenance Industrie, market leader in industrial access systems
- Innova Capital on the acquisition of PayPoint Services SRL and Payzone SA, a market leading consumer payments operator in Romania, from LSE-listed PayPoint group
- Abris Capital Partners and GTS Global Intelligence S.A. on the acquisition of Knowledge Investment Group SRL, operating under the Lummetry.AI brand, a Romanian artificial intelligence business
- Oresa on the acquisition of logistics and industrial park Solo Iasi from Tester Group owned by Romanian businessman Bogdan Pitigoi
- Enterprise Investors on the sale of Profi supermarket chain to Mid Europa Partners, the largest deal ever completed by a private equity fund in Romania and the largest deal in the retail sector in the country’s history