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Filip & Company Advises Centrokinetic and Agista on Acquisition of Majority Stake in Socrates Clinic

Filip & Company Advises Centrokinetic and Agista on Acquisition of Majority Stake in Socrates Clinic

Romania
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Filip & Company has advised the Centrokinetic orthopedics and medical rehabilitation network together with its shareholder, the Agista investment fund, on their acquisition of a 70% stake in the Socrates clinic in Timisoara, Romania. Timisoara-based sole practitioner Diana Pavel Cios reportedly advised the sellers.

"The private healthcare market in Romania is one of the fastest growing in Central and Eastern Europe and continues on a steady consolidation path," Filip & Company Partner Alexandru Birsan commented. "Centrokinetic is now in an excellent position to grow and broaden its top-notch service offer in the western part of the country as well. We are confident that the new partnership will have a promising future, given the expertise and dedication of the Agista team."

Back in 2023, Filip & Company advised Agista on its initial minority investment in Romania's Centrokinetic medical clinic network (as reported by CEE Legal Matters on August 31, 2023).

The Filip & Company team was led by Birsan and Senior Associate Simona Ungureanu and included Partner Ioana Roman, Senior Associate Roxana Rosca, and Associates Raluca Rusu and Sergiu Paun.