The transaction value is roughly even on the year, but the company’s revenue increased by 20% compared to 2010.
Aside from mergers and acquisitions, banking and real estate, the company also registered higher revenues in other areas such as energy, competition and litigation, which are trending at the moment, according to Alexandru Reff, a partner within the firm.
The bulk of transactions in the firm’s portfolio, EUR700 million, came from the financial services segment.
Transactions assisted by Reff si Asociatii include the takeover of office building Floreasca Business Park by NEPI (EUR100 million), the funding of Nova Imobiliare by Bank of Cyprus to develop the Colosseum mall in Bucharest and the takeover of Fatrom by DSM Nutritional Products.
“2011 was an excellent year for our practice,” Reff noted.