Kinstellar has advised the Black Sea Fund I on the acquisition of Romanian dental imaging network DigiRay. Cluj-based Pop Attorneys at Law advised the seller on the deal.
Financial details of the transaction were not disclosed.
Black Sea Fund I is a Bucharest-based investment fund focusing on investments in Romanian small and mid-size enterprises. DigiRay operates a network of 11 centers for maxillofacial imaging and digital dental techniques in Romania.
Kinstellar’s team consisted of, in Bucharest, Partner Razvan Popa Senior Associates Catalin Dinu and Smaranda Vacaru, and Associates Patricia Piticas, Razvan Cretu and Andreea Livita; and in Budapest, Senior Associate Agnes Szabo.
The Pop Attorneys at Law team included Managing Partner Gloria Pop, Partner Ileanna Vaida, Associate Sabina Hutu, and Junior Associate Isabela Huditean.