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Wolf Theiss and RTPR Allen & Overy Advise on Sale of Intelligent IT to Visma

Wolf Theiss and RTPR Allen & Overy Advise on Sale of Intelligent IT to Visma

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Wolf Theiss has advised the Visma group on its acquisition of Intelligent IT, developer of the SmartBill billing software. RTPR Allen & Overy advised Intelligent IT's selling shareholders.

According to Wolf Theiss, the transaction was structured as a staggered sale, with Visma initially acquiring 50.1% of Intelligent IT, with three more tranches to follow.

Wolf Theiss's team was led by Partner Ileana Glodeanu and included Counsel Adelina Iftime-Blagean and Bucharest-based Counsel Mircea Ciocarlea and Associates Postelnicu Madalina Cornelia, Nina Lazar, Sorin Dumitru, George Ghitu, Iulia Gabriela Cumparatu, and Andreea Stan, as well as Austrian Counsel Robert Wagner.

The RTPR Allen & Overy team was led by Partner Alina Stavaru, working with Associate Evelin Grigore and -- on Competition aspects -- Senior Associate Andrei Mihul.

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Țuca Zbârcea & Asociații is a full-service independent law firm, employing cross-disciplinary teams of lawyers, insolvency practitioners, tax consultants, IP counsellors, economists and staff members. It also operates a secondary law office in Cluj-Napoca (Romania), and has a ‘best-friend’ agreement with a leading law firm in the Republic of Moldova. In addition, thanks to the firm’s dedicated Foreign Desks, the team provides the full range of services to international investors seeking to gain a foothold or expand their existing operations in Romania. Since 2019, the firm and its tax arm are collaborating with Andersen Global in Romania.

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Țuca Zbârcea & Asociaţii is a First-Tier law firm in all international legal directories and a multiple award-winning law firm both locally and internationally. It received the CEE Deal of the Year Award (DOTY Awards 2021) and the Law Firm of the Year Award: Romania (IFLR Europe Awards 2021). 

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