Cytowski & Partners advises Wordware on its USD 30 million series seed with Spark Capital, Felicis, and Y Combinator. Goodwin Procter reportedly advised Spark Capital and Felicis.

Eversheds Sutherland has advised Everfield on its acquisition of Meditec AB and Medicloud SIA. Cobalt advised the sellers.

Dunovska & Partners has advised Aricoma on a parallel dual acquisition of IT companies TaxLabs from Synteca and Gist from individual sellers. Rowan Legal reportedly advised Synteca. Kaplan & Nohejl reportedly advised the sellers of Gist.

Dragne & Asociatii has promoted Mihai Iorga to Partner.

The acquisition by a joint-stock company of its own shares, also known as share buy-back, is permitted under Romanian law, as provided by Articles 103 – 109 of the Companies Law no. 31/1990 (“Companies Law”). The operation is, however, limited by certain conditions, based on reasons such as the goal to avoid speculation by the company on the price of its own shares or the difficulty to accept that the company can be, at the same time, a shareholder (being thus both debtor and creditor)[1].

SSK&W has advised bValue on its partnership with Benefit Systems for the acquisition of a majority stake in Wellbee. Lawmore advised Wellbee. PwC Legal advised Benefit Systems.