bpv GRIGORESCU ȘTEFĂNĂNICĂ advised the German technology company cbs (Corporate Business Solutions Unternehmensberatung GmbH) on the acquisition of the SAP division of the Romanian-based  SkyConsult, marking cbs’ entry into the Romanian market.

For 30 years, cbs has been a trusted partner to global market leaders, helping them to generate lasting value in their industries using technologies like SAP and Salesforce. Today, cbs operates worldwide, with a strong focus on fast value in the projects to optimize end-to-end business processes. The launch of its Romanian branch marks a strategic step in the company’s international expansion, joining a network of over 35 locations across Europe, the United States, Malaysia, and beyond.

Our services included advising the company on all legal aspects of the acquisition, including due diligence, drafting and negotiating the documentation, the implementation of the acquisition and the subsequent integration into cbs’ Romanian subsidiary.

“This was a particularly challenging transaction. The project combined both brownfield and greenfield elements, making the launch of cbs' operations in Romania strategically important. We are proud to have played a role in this milestone for cbs and grateful for the trust placed in us.” said Cristina Daianu, M&A Partner at bpv GRIGORESCU ȘTEFĂNICĂ.

The team, led by Cristina Dăianu, Partner, included, Laura Popa, (Managing Associate in the Employment practice), Roxana Daskălu, (Senior Associate in the TMT practice), Tania Adam and Matei Tomi, (Associates in the Corporate/M&A practice).

“It’s rewarding to see our team’s vast expertise in technology-driven transactions recognised and valued once more. Our intensely technology-focused M&A transaction practice has recently been involved in some of the most prominent sector transactions in Romania, which is a confirmation of our expertise and tight connections to the TMT sector. The transaction also highlights our unique expertise in working with clients from the DACH region”, concluded Catalin Grigorescu, Managing Partner at bpv GRIGORESCU STEFANICA

Our Technology Transactions practice has been involved in some of the most prominent sector transactions recently, including:

• FOOTPRINTS AI on the investment of Catalyst Romania Fund II
• SARMIS Capital on the acquisition of Total Technologies to strengthen Smart ID's position as a regional leader in the industrial technology and automation market;
• the private equity firm Omnia Capital on its investment in the digital shipping house Cargo Buddy;
• Creatopy and its co-founders in a $10 million Series A funding round;
• Softelligence and its shareholders in connection with its acquisition by the US company Encora Holdings Limited, part of the Encora Group; the company VERIDION (formerly Soleadify), its founders, as well as the venture capital fund LAUNCHUB Ventures and other participants in a USD 6 million financing round;
• software and infrastructure company INCRYS in connection with acquiring information technology services company USOURCE;
• Innoship and its shareholders on the acquisition of a majority stake in Innoship by the private equity fund Abris Capital.

For more information, don't hesitate to contact cristina.chira@bpv-grigorescu.com or +40 748 182 607.

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bpv GRIGORESCU STEFANICA is a business law firm with a full-service offering for complex projects and litigation and a unique combination of legal and tax advisory capabilities. The firm is known internationally for its focus on the Technology sector and its prominent practice in areas such as Corporate, Mergers & Acquisitions, Taxation, Employment & Benefits, Procurement, Concessions & PPPs, Medical services, Energy and Infrastructure.

bpv GRIGORESCU ȘTEFĂNICĂ team is continuously included among the most prominent Romanian law firms by prestigious international legal directories such as Chambers & Partners, Legal 500, IFLR1000, ITR World Tax, Media Law International.

bpv GRIGORESCU ȘTEFĂNICĂ is a founding member of bpv Legal, an alliance of independent business law firms with offices in Bratislava, Brussels, Bucharest, Budapest, Prague and Vienna, offering cross-border legal advisory services.