Stratulat Albulescu Attorneys at Law (“SAA”) acted as Romanian counsel to Alsendo, an Abris Capital Partners portfolio company, and its Romanian subsidiary, Innoship Technology SA, on a multi-jurisdictional secured term loan financing provided by ING.

The financing represents an important step in supporting Alsendo's continued expansion across European markets, providing the group with additional financial flexibility to pursue strategic acquisitions, refinance existing indebtedness and fund its broader corporate development objectives. The transaction also highlights the role of cross-border financing structures in supporting the growth of technology-driven businesses operating across multiple jurisdictions.

SAA advised on all Romanian law aspects of the transaction, including the Romanian guarantee and security package.

Andreea Nedeloiu, Partner and Head of Banking and Finance at SAA commented: “We are delighted to have supported Alsendo and Innoship Technology on this financing. Cross-border transactions of this kind demand that the local security and guarantee components fit seamlessly into the wider structure, especially when the Romanian guarantee structure has to be adjusted late in the process. Our team’s ability to respond quickly while keeping the Romanian package aligned with the other jurisdictions was key to a smooth closing.”

Alsendo (https://alsendo.com/) is a European technology platform providing integrated shipping and logistics management solutions for the e-commerce sector. Backed by Abris Capital Partners, the group supports businesses in streamlining delivery operations, managing shipping processes and improving logistics efficiency through technology-driven solutions. The financing will support the group's continued growth strategy, including acquisitions, refinancing of existing indebtedness and general corporate purposes.

ING (https://ing.ro/) is a global financial institution providing banking services to retail and corporate clients. Its corporate banking activities include structured lending, acquisition financing and other financing solutions supporting businesses operating across international markets.

The SAA team was led by Andreea Nedeloiu, Partner and Head of Banking & Finance, supported by Paul Butuzar, Senior Associate, and Diana Sterea, Associate.