Wolf Theiss assisted VISMA AS, the Nordic leader in the IT&C industry, for the acquisition of the Romanian company Digital Keez S.R.L., a Romanian IT company offering complete accounting services through an app designed especially for entrepreneurs. Under the lead of Ileana Glodeanu, contributed to the success of this transaction: Luciana Tache (Senior Associate, Corporate/M&A), Flaviu Nanu (Counsel, Projects/Real Estate), Nina Lazar (Associate, IP&IT), Costin Salaru (Associate, Employment), Alexandru Caleap (Associate, Corporate/M&A).
RTPR has assisted the founders of Keez in relation to the sale. The team of lawyers was made of Alina Stavaru (Partner) and Andrei Tosa (Associate). For this deal, the RTPR team worked together with Serban Roman, the financial and business advisor of the founders.
The acquisition implies alignment with Visma’s strategy to produce and deliver the best technological solutions to clients. Through this transaction, Visma further expands its range of digital knowledge and content products into complete accounting services in Romania and in Europe.
Visma is a longstanding client of Wolf Theiss Romanian M&A team, as Partner Ileana Glodeanu and her team previously advised Visma on several other M&A projects, including the sale of their BPO business in Romania and the recent acquisition of SmartBill in 2020.
"We are very happy for the outcome of this transaction and we enjoyed working again with Ileana Glodeanu and her team, lawyers with a commercial mindset." declared Sindre Talleraas Holen, Head of M&A, Visma AS.
"It was a joy to assist Visma in this new deal in the Romanian market. Working with recurring clients like Visma make us feel appreciated and privileged. Together with Visma, we are enrolled on the strategic mission to help companies improve productivity and enhance services through digitalisation, integration and automation of business processes, contributing at the same time to the development of the Romanian entrepreneurial environment", stated Ileana Glodeanu, Wolf Theiss Partner and Coordinator of the Corporate / M&A team in Romania.
“This is our first transaction and I can say we were lucky to be assisted by RTPR which proved to be a team of lawyers capable to navigate through all the phases of the project and to give us confidence that we will succeed.”, declared Daniel Mateescu, one of the founders and CEO of Keez.
“We are pleased by our collaboration with Keez and the company’s development outlooks together with an investor such as Visma. As we expected, this year we will see an increase in the number of deals in the digital and technology sector, one of the great lessons of 2020 being related to the importance of digital infrastructure, with applicability in the accounting area as well. Congratulations and good luck, Keez! Thank you Serban Roman for the excellent collaboration!”, declared Alina Stavaru.