The RTPR team involved in this transaction was coordinated by Mihai Ristici (Partner) and Vlad Stamatescu (Senior Associate) and consisted of Ana Maria Barbu, Diana Dimitriu (Senior Associates), Andrei Tosa, Cezara Urzica (Managing Associates), Serban Halmagean (Associate) and Maria Luca (Junior Associate). Roxana Ionescu (Partner) and Serban Halmagean provided assistance regarding competition aspects related to the transaction.

The transaction is pending approval by Romania’s Competition Council in the comiing months.

Private equity fund SARMIS Capital was established in 2019 and its investments target Romania and neighboring countries, betting on entrepreneurial businesses and their development. Apart from BMF Grup, SARMIS has carried out two other transactions so far, respectively Smart ID Technology – an automation technoloy integrator – and Corporate Office Solutions (COS) – the leader of the local market of integrated design & build and fit-out services for office spaces, hospitals, education and the HoReCa industry.