Romania: RTPR advises SARMIS Capital on the acquisition of a majority stake in BMF Grup

RTPR has assisted private equity fund SARMIS Capital in relation to the acquisition of a majority shareholding stake in BMF Grup, the largest integrated facility management company on the Romanian market. Established in 2019, the local independent private equity fund SARMIS Capital is dedicated to investments in Central and Eastern Europe, and primarily in Romanian entrepreneurial companies.

The RTPR team that provided advice on this project was coordinated by Mihai Ristici (Partner) and Vlad Stamatescu (Senior Associate) and further included 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 advised on competition aspects of the deal.

“We are grateful to our client, SARMIS Capital, for their trust in this new mandate. We are proud to add this transaction to the portfolio of our M&A practice, which has a track record of the most complex and sophisticated deals in Romania and the region”, declared Mihai Ristici.

In 2021 RTPR assisted SARMIS Capital on the acquisition of a majority stake in Corporate Office Solutions (COS), the leading integrated office fit-out services provider in Romania, and in 2022 on the acquisition of a majority shareholding stake in Smart ID Dynamics S.A., an important provider of highly customised end-to-end automation solutions for intensive business environments, leader in the Romanian IT industry.

“We would like to thank the SARMIS Capital team for a new excellent collaboration throughout the entire acquisition process. We are happy that we had the opportunity to work together again and contributed to the success of this transaction”, said Vlad Stamatescu.

RTPR Corporate/M&A team is one of the most appreciated in Romania for its vast expertise in private equity deals, the firm’s client portfolio includes the majority of private equity funds active on the Romanian market. Its experience in the most important private equity transactions, acting as lawyers for buyers, as well as for sellers, has contributed to the international recognition as leaders in M&A. In 2022, RTPR signed 26 M&A transactions, out of which 10 private equity deals. The RTPR team is recommended in the first tier in the rankings made by the most prestigious international legal guides, Chambers & Partners, Legal 500 and IFLR1000, and several of the team’s lawyers are recommended as Leading Lawyers for Corporate/M&A.