The transaction will be finalized upon the approval of Romania’s Competition Council.
Autonom Services is the most important independent player in the operational leasing and rent-a-car markets in Romania. Completion of the transaction is subject to approval by the Competition Council.
“At Autonom, we have been involved in many transactions in the last ten years. Each time we meet a more complex situation, our first thought is to turn to RTPR. For the acquisition of Tiriac group’s operational leasing division, Alina Stavaru and her team were next to us on every step, their involvement gave us comfort and security”, said Marius Stefan, CEO of Autonom Services.
For this project, RTPR selected a multidisciplinary team of lawyers coordinated by Partners Costin Taracila and Alina Stavaru that included several workstreams. Along the two partners, the due diligence team included Ana Maria Barbu (Senior Associate), Diana Dimitriu (Managing Associate), Codrina Simionescu (Associate), Miruna Tocileanu, Flavia Mincu and Adrian Muscalau (Junior Associates).
The negotiation of transaction documents involved Costin Taracila and Alina Stavaru, who were supported by Ana Barbu and Adrian Hlistei-Muresan (Managing Associate). Roxana Ionescu (Partner) and Șerban Halmagean (Associate) advised on competition aspects of the deal, while Mihai Ristici (Partner), Ana Barbu (Senior Associate) and Marina Fecheta-Giurgica (Managing Associate) on capital markets issues.
In 2018, the law firm advised Autonom on the acquisition of BT Operational Leasing from the Banca Transilvania group. Subsequently, RTPR assisted Autonom with the first issue of corporate bonds on the regulated market managed by the Bucharest Stock Exchange. At end-2021, RTPR announced its third project with Autonom, namely the implementation of the first corporate bond offer program established by a local issuer and respectively, the private placement of the first tranche of corporate bonds issued under the offer program through which Autonom attracted over EUR48 million funds.