Filip & Company assists Banca Transilvania in the acquisition of 100% of the share capital of Microinvest, a company specialised in financing microenterprises and the leader of the non-banking financial institutions market in the Republic of Moldova. The transaction is currently pending approval by the Romanian supervisory authorities and by other relevant authorities.
“We are glad to have the opportunity to support Banca Transilvania Group in consolidating their presence in the Republic of Moldova and we are grateful to be part of a new challenging and exciting project. We are always delighted to support such a dynamic client”, said Alina Stancu Bîrsan, partner at Filip & Company and Head of Finance & Banking.
The Filip & Company team involved in this transaction is mainly made of Cristina Filip, Alina Stancu Bîrsan and Alina Stoica.
Filip & Company acted as lead counsel and collaborated with the Moldavian-based Vernon law firm in what concerns the local legal components, and with Freshfields Bruckhaus Deringer on the English law transactional components. The seller was assisted by Osborne Clarke on the English law component and by Turcan Cazac from the Republic of Moldova.
The Filip & Company lawyers played leading parts in many M&A key transactions in Romania, including privatisations, private equity deals or strategic acquisitions.