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RTPR has advised the founders of Qualitance, Radu Constantinescu and Ioan Iacob, in relation to the sale of the company to Alten, a French technology and innovation consultancy and services group, with international operations in 30 countries. Qualitance is an international tech and innovation company founded in Romania, that builds digital products and businesses for global organisations and start-ups. Completion of the transaction is subject to approval by the Competition Council and other conditions precedent agreed by the parties.
“The experience of a transaction brings a high level of complexity in each stage, and the partners which assist and support you throughout the deal have a critical role in solving this complexity. We found in the RTPR team not only an impeccable professionalism, but also the empathy that any entrepreneur needs to make this step forward with confidence”, declared Radu Constantinescu, CEO & Co-founder of Qualitance.
RTPR involved in this transaction a team made of Alina Stavaru (Partner) and Cezara Urzica (Managing Associate). The RTPR mandate covered legal assistance in relation to all phases of the transaction.
“We are happy to announce a new transaction in which we assisted Romanian entrepreneurs in the sale of a successful business, built with passion and dedication for 15 years. A new solid business, started and developed in Romania, has found an international partner with whom it will continue to grow to the next level. We are honoured to have contributed our experience to the realisation of this mandate”, said Alina Stavaru.
“We would like to thank our clients for their trust and excellent collaboration. We are sure that the Qualitance team will continue with great results in the new formula together with specialists such as the Alten group. Good luck in all future projects!”, declared Cezara Urzica.
With an impressive number of M&A transactions signed, 20 deals in 2021 and 18 deals from the beginning of 2022, RTPR is one of the market leaders in this field. The law firm has a wide range of clients that include entrepreneurs, private equity funds, local and international companies from various sectors, and is at the forefront of M&A deals, every year acting both sell-side and buy-side in many mandates, among the most complex and sophisticated. The most significant international legal directories Legal 500, Chambers & Partners and IFLR1000 rank the law firm in first tier in their rankings, and several of the team’s lawyers are recommended as Leading Lawyers in individual rankings in this field.
Selected M&A transactions in which RTPR have recently assisted entrepreneurs include advising: