The Filip & Company team assisted Abris in the due diligence process, the negotiation of the sale and subscription agreement, as well as with other aspects related to the implementation of the transaction.
“E-commerce has seen irreversible growth, which is having a major impact on the delivery solutions market across Europe. Innoship is an innovative and very exciting business with a dynamic and smart team of founders. I am convinced that the future of the investment will be excellent and we wish the new partners every success together. We are very grateful to the teams at Abris and Alsendo for their trust and excellent cooperation and look forward to seeing what Innoship will achieve in the coming years”, stated Alexandru Birsan, partner at Filip & Company.
The Filip & Company team was coordinated by Alexandru Birsan and included in key roles Olga Nita (partner), Andreea Banica (senior associate), Simona Ungureanu (associate) and Andrei Anghel (associate).
“The acquisition of Innoship is the latest step in our ambitious buy-and-build strategy for Alsendo, allowing us to expand the business into Romania and enhance Alsendo’s offering for large customers, e-commerce merchants and marketplaces. We appreciate the legal advice and transaction support provided by Filip & Company which facilitated seamless execution of the transaction“, stated Tomasz Hajduk, Investment Manager at Abris Capital Partners.
Innoship was set up in 2019 by Daniel Nicolae, Andrei Paul, Dan Ungureanu and Robert Tanase and has previously raised funding from GapMinder, a venture capital fund that invests in Romanian and CEE companies at Seed or Series A stage and from leading business lawyer and entrepreneur Catalin Grigorescu. With this transaction Gapminder VC and Catalin Grigorescu exited their investments in Innoship.