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RTPR and PeliPartners Advise on OLX Group's Acquisition of Kiwi Finance in Romania

RTPR and PeliPartners Advise on OLX Group's Acquisition of Kiwi Finance in Romania

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RTPR has advised the OLX Group on its acquisition of Kiwi Finance from Oresa Ventures. PeliPartners advised the seller on the deal.

Financial details of the transaction were not disclosed.

The OLX Group is an Amsterdam-based manager of network of trading platforms including Avito, OLX, and Otomoto, among others.

Kiwi Finance is a Romanian loan broker established in 2003. Since its founding, the company has helped more than 164,000 clients obtain loans with a total value of EUR 720 million.

RTPR’s team consisted of Managing Partner Costin Taracila, Counsel Roxana Ionescu, Senior Associate Andrei Mihul, Managing Associates Vicu Buzac and Raluca Tudoroiu, Associates Marina Fecheta-Giurgica, Andrada Rusan, Petru Ursache, and Codrina Simionescu, and Junior Associate Petrus Partene.

PeliPartners’ team included Partner Carmen Peli, Senior Associate Mirabela Maria, and Associate Adelina Iordache.