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Filip & Company Advises Agista on Sale of Dendrio Solutions and Increasing its Shareholding in Fort

Romania
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Filip & Company has assisted the investment fund Agista on the sale of its entire stake in Dendrio Solutions to Bittnet Systems and the acquisition of a new stake in the cybersecurity company Fort, listed on the AeRO market.

According to Filip & Company, as a result of this exchange transaction, Agista has now become the majority shareholder in Fort, together with Impetum Investments. The transaction remains contingent on regulatory approval.

Agista is part of the Impetum Group, a Romanian private equity company.

Founded in 2007, Bittnet Systems is a Romanian IT company. Fort is a cybersecurity company and hitherto part of Bittnet Systems.

Dendrio Solutions is a cloud, security, networking and full mobility solutions-based integrated IT service.

Earlier in 2024, Filip & Company advised Centrokinetic and Agista on their acquisition of a majority stake in Socrates Clinic (as reported by CEE Legal Matters on May 21, 2024). 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 included Partners Alexandru Birsan and Olga Nita, Senior Associate Roxana Diaconu, and Associate Anca Badescu.

Filip & Company did not respond to our inquiry on the matter.

Filip & Company at a Glance

Filip & Company is one of the leading law firms in Romania providing top quality assistance in all relevant areas of law for businesses operating in Romania or considering Romania. Specialized in complex projects that require an innovative approach, Filip & Company lawyers have significant experience in various areas, such as infrastructure and concession, mergers and acquisitions, energy, corporate, real estate, competition law, finance, and capital markets but also labour law, data protection, consumer or environment protection. The law firm also provides legal assistance and representation in disputes and arbitrations with significant implications for the clients’ businesses.

To find out more about Filip & Company’s expertise areas and team, please visit https://filipandcompany.com/