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RTPR Advises Founders of Qualitance on Sale to Alten

RTPR Advises Founders of Qualitance on Sale to Alten

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Radu Taracila Padurari Retevoescu has advised Qualitance founders Radu Constantinescu and Ioan Iacob on the sale of the company to Alten. CMS reportedly advised Alten on the acquisition.

The transaction remains contingent on regulatory approval.

Qualitance is an international tech and innovation company founded in Romania, that builds digital products and businesses.

Alten is a French technology and innovation consultancy and services group with international operations in 30 countries. 

"We assisted Romanian entrepreneurs in the sale of a successful business, built with passion and dedication for 15 years. A new solid business, started and developed in Romania, has found an international partner with whom it will continue to grow to the next level," RTPR Partner Alina Stavaru commented.

RTPR’s team included Stavaru and Managing Associate Cezara Urzica.

CMS at a Glance

CMS Sofia is a full-service law firm, the largest international law firm in Bulgaria and one of the largest providers of legal services in the local market as a whole. The breadth and depth of our practice means that our lawyers are specialised, with a level of specialisation that few of our competitors can match.

CMS Sofia is the Bulgarian branch of CMS, a top ten global legal and tax services provider with over 5000 lawyers in 43 countries and 78 offices across the world.

CMS entered the Bulgarian market as one of the first internationally active law firms in 2005 and is now among the most respected legal advisors in the country. We have 7 partners, 4 counsel and over 30 lawyers in our office in Sofia.

Our legal experts, who are rooted in Bulgaria’s local culture, can also draw on years of experience in foreign countries and are at home in several legal systems at once. We know the particularities of the local market just as well as the needs of our clients and combine both to achieve optimum solutions. Our lawyers are Bulgarian qualified and we also have English qualified experts – all of them regularly working on cross-border mandates.

In our work, we focus on M&A, Energy, Projects and Construction, Banking and Finance, Real Estate, Media, IP and IT law, Tax, Employment law, Competition, Procurement and any kind of Dispute resolution, including arbitration and mediation. What’s more, we also take care of the entire legal management of our clients’ projects.

Firm's website.