Popovici Nițu Stoica & Asociații (PNSA) announces that it has advised Tale Travel and its founders, Sabin Târșoagă and Costin Leolea, in connection with the transaction with WebBeds. Tale Travel is one of the leading B2B distributors and providers of accommodation services and travel packages in Eastern Europe.

The transaction concerns the acquisition of Tale Travel by WebBeds and marks an important milestone in Tale Travel’s development and WebBeds’ expansion in Romania and the wider Eastern European travel market, bringing together Tale Travel’s established regional presence and expertise in B2B travel distribution with WebBeds’ extensive international accommodation distribution platform. The transaction follows an extensive acquisition process and remains subject to customary conditions precedent agreed between the parties.

PNSA provided comprehensive legal assistance throughout the transaction, including on its structuring, negotiation, drafting of the transaction documentation and signing.

The multidisciplinary PNSA team was coordinated by Partner Bogdan C. Stoica and included Crina Stan (Associate), Diana Toma (Senior Associate), Raluca Rusu (Tax Partner), Mihaela Ion and Vanessa Nistor (Partner/Managing Associate - Competition).

Tale Travel is one of the leading B2B distributors and providers of accommodation services and travel packages in Eastern Europe, headquartered in Constanța, Romania. The company has built a strong regional presence, supported by its technology platform, established commercial relationships and commitment to providing tailored solutions to its business partners.

WebBeds is a leading global B2B accommodation distribution platform, connecting hotels and other travel service providers with travel buyers worldwide, including travel agencies, tour operators and online travel platforms. Operating across multiple international markets, WebBeds provides its partners with access to an extensive portfolio of accommodation products and technology-enabled distribution solutions.