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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.

Romanian Knowledge Partner

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.

Țuca Zbârcea & Asociaţii is providing legal services in every aspect of business, covering all major areas of practice: corporate and M&A; litigation and international arbitration; corporate tax; public procurement; TMT; employment; insurance; banking and finance; capital markets; competition; healthcare and pharmaceutical; energy and natural resources; environmental; intellectual property; real estate; regulatory legal services.

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). 

Firm's website.

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