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RTPR Advises on Morphosis Capital’s Investment in Cronos Med

RTPR Advises on Morphosis Capital’s Investment in Cronos Med

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Radu Taracila Padurari Retevoescu has advised both sides of the transaction on Morphosis Capital’s investment into the Cronos Med Group.

Morphosis Capital is a Romanian private equity fund with EUR 50 million committed capital. The fund invests in consumer and related sectors, niche healthcare, technology, and B2B services.

The Cronos Med Group is a Romanian aesthetic medicine company that operates three clinics and a hospital in Bucharest and Bacau. The company offers aesthetic, plastic, and reconstructive surgery services and minimally invasive cosmetic treatments.

"After 30 years of full work and challenges, I decided it was time to support the Cronos Med teams and clinics further to move forward, reach other cities in Romania, and provide aesthetic medical quality at the highest level to as many patients as possible," commented Cronos Med founder Constantin Stan. "I support the Morphosis investment because I am sure that it will be providential for the people we address, the beneficiaries of any strategic business movement."

"We are also looking forward to continuing the Cronos Med Group's development process and consolidating its position as the undisputed leader in aesthetic and plastic medicine in Romania at the highest possible level," added Morphosis Capital Managing Partner Andrei Gemeneanu.

The RTPR team advising Cronos Med consisted of Partners Alina Stavaru and Valentin Berea, Senior Assoicate Vicu Buzac, Associate Andrei Tosa, and Junior Associate Miruna Tocileanu.

The firm’s team advising Morphosis Capital was led by Managing Partner Costin Taracila and Counsel Roxana Ionescu and included Associates Cezara Urzica, Codrina Simionescu, Petru Ursache, and Petrus Partene.

Romanian Knowledge Partner

MPR Partners is an internationally recommended and repeatedly awarded Romanian law firm providing integrated legal, tax advisory and insolvency services in all areas of interest for businesses and public administration. 

MPR Partners covers all major Romanian regions as well as the Republic of Moldavia, either directly or through carefully selected and closely coordinated correspondent offices. In addition, the firm has the infrastructure required to coordinate advice in multiple countries through highly reputed international networks of specialists ensuring high end services. 

Firm’s clients (multinational corporations, sound Romanian companies, private investors, public authorities and State companies) recommend MPR Partners | Maravela, Popescu & Asociatii as “A reliable team providing a high standard of work.” (quote by Chambers and Partners), having consistently endorsed the outstanding quality of services provided, flexible approach, responsiveness as well as the friendly working climate. 

More client feedback and further information on MPR Partners can be found at www.mprpartners.com.

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