RTPR has assisted the private equity fund MidEuropa with respect to Romanian law matters related to the closing of the sale of Regina Maria Group to Mehiläinen, Finland’s largest healthcare and social care provider. The transaction was signed in March 2025 and is the largest ever healthcare services transaction in Central Europe.

Regina Maria Group is a leading integrated private healthcare network in Romania, offering a wide range of multi-specialty outpatient healthcare services and hospital services, serving over 3 million patients annually via its network of more than 400 units. The sale further includes Regina Maria’s sister company, MediGroup, the leading service provider in the private healthcare market in Serbia.

The project was managed by a multidisciplinary team of 29 lawyers and was overseen by Costin Taracila (Managing Partner). Roxana Ionescu (Partner) and Marina Fecheta-Giurgica (Senior Associate) coordinated the transactional phase, closely assisted by David Mirea and Iulia Calin (Junior Associates) during the period from transaction signing to closing, while Roxana Ionescu managed the competition aspects of the deal. Alina Stavaru (Partner) and Marina Fecheta-Giurgica advised on the negotiation of matters related to management’s incentives and engagement in the company. Cosmin Tilea (Partner), Andreea Nedeloiu (Counsel) and Georgiana Verives (Associate) advised on the finance matters of the deal.

“What a joy to end 2025 on the same note we started it! In the first days of this year, we announced the completion of the largest private equity transaction in Romania – MidEuropa’s sale of Profi to Ahold Delhaize. Now we have once again worked with MidEuropa on another record-breaking deal – the sale of Regina Maria and MediGroup to Mehiläinen. Congratulations to the MidEuropa and Regina Maria teams! We are grateful for their continued trust in our team and for constantly challenging us to exceed our limits”, said Costin Taracila, Managing Partner of RTPR.

“We are honoured to have had the opportunity to advise Regina Maria over the years on multiple acquisitions in the healthcare sector, witnessing the network’s development into a leader in its field. We would like to thank them for their impeccable collaboration and for the opportunity to be part of this process, and we wish them every success in this journey that continues from now on alongside Mehiläinen”, said Roxana Ionescu, Partner at RTPR.

“We are proud to have assisted MidEuropa and Regina Maria in this landmark transaction for the Romanian market. It was a privilege to work alongside the MidEuropa team once again in such an intense and intellectually rewarding process. We would like to thank them for the opportunity of being part of this remarkable success”, added Marina Fecheta-Giurgica, Senior Associate.

At the beginning of this year, RTPR announced the completion of the record-breaking deal in which it assisted MidEuropa in the EUR 1.3 billion exit from Profi, as well as providing support to Profi in the largest ever transaction in the retail sector in Romania. Subsequently, RTPR assisted MidEuropa in another mandate, in the signing of the sale of Cargus to courier company SAMEDAY, part of the eMAG group.

At the same time, the law firm has a long-standing relationship with the Regina Maria Group, having been instrumental in its previous two changes of ownership by having assisted Advent International Corporation firstly in the acquisition of a majority stake from the private equity fund 3i and the founders of the business (2010), and subsequently on its sale of Regina Maria to MidEuropa Partners (2015). The RTPR team has worked closely with Regina Maria management in the past 15 years in the group’s most significant bolt-ons, including Euroclinic Hospital, Ponderas Hospital, Puls Medical Center, Pozimed, Somesan Clinic, IDS Laboratories, Bucovina Medical Center, Ophtalens, Dr. Leahu Dental Clinics.

RTPR is well-known for its extensive experience in transactions involving investment funds, having been, during the last few years, involved in most of the private equity deals in Romania on both buy-side and sell-side mandates, whilst also advising their portfolio companies on bolt-on acquisitions. The firm’s unrivalled expertise in the largest and most interesting transactions in Romania and in the region has been recognised by the most important international legal directories, such as Chambers & Partners, Legal 500 and IFLR1000, which rank RTPR’s Corporate/M&A practice on the first tier. At the same time several team members are recommended as Leading Lawyers or Rising Stars in this area.

Recently, RTPR was named Legal Adviser of the Year 2025 at the ROPEA Awards Gala organised by the Romanian Private Equity Association. The award marks a new record for the law firm’s performance in the private equity sector, being the third consecutive year in which RTPR has won this trophy.

Selected deals in which RTPR have recently advised funds are set out below:

• MidEuropa Partners on the EUR1.3bn sale of Profi, in the largest transaction in the retail sector ever concluded in Romania
• Resource Partners on the acquisition of a majority stake in Ia Bilet SRL, the most important ticketing platform in Romania, as well as of the concert organiser BestMusic Concerts SRL
• MidEuropa on the sale of Cargus to courier company SAMEDAY, part of the eMAG group
• Integral Capital Group on the acquisition of a majority stake in Embryos, a leading fertility and gynaecology clinic in Romania, specialised in assisted reproduction technology, offering an integrated suite of fertility treatments, including IVF
• Abris Capital Partners on the sale of Pehart Grup, one of the largest paper producers in South-Eastern Europe, to INVL Baltic Sea Growth Fund, the leading private equity fund in the Baltic States
• Oresa and the entrepreneur Cristian Amza on the sale of the entire stake in the La Fantana group to the strategic investor Axel Johnson
• ROCA Investments on the sale of its shareholding stake in Artesana, the well-known local producer of premium natural artisanal dairy products
• Innova Capital on the sale of Optical Investment Group to EssilorLuxottica
• Morphosis Capital and a group of co-investors from Belgium on the acquisition of a majority stake in Mark Twain International School
• Macquarie Infrastructure and Real Assets (MIRA) on the acquisition of a portfolio of power assets owned by CEZ Group in Romania, at the time the largest M&A transaction in Romania in the previous 12 years