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RTPR and DLA Piper Advise on Catalyst Romania’s Investment in Evomag

RTPR and DLA Piper Advise on Catalyst Romania’s Investment in Evomag

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Radu Taracila Padurari Retevoescu has advised Catalyst Romania Fund II on the acquisition of a minority stake in Evolution Prest Systems, which owns the Evomag e-commerce website. DLA Piper advised the seller.

According to DLA Piper, "the EUR 2 million round from the Catalyst Romania venture capital fund will open new opportunities for Evomag, allowing the company to implement an accelerated development plan through the expansion on the local and international online markets, the inauguration of two Evomag showrooms, and the annual doubling of the product portfolio in the next three years."

Evomag specializes in the retail of IT&C products, mobile devices, home appliances, and fast-moving consumer goods.

Catalyst Romania is a venture capital fund that invests in Romanian technology companies.

"The capital infusion will allow us to take Evomag to a new level of development, both on the Romanian market, online and offline, but also outside the country," Evomag CEO Mihai Patrascu commented. "We are happy to have attracted a strong partner with experience in the e-commerce industry to support the transformation of Evomag and who shares our development vision."

The RTPR team included Partners Alina Stavaru and Roxana Ionescu, Managing Associates Adrian Hlistei-Muresan and Diana Dimitriu, Senior Associate Ana Maria Barbu, Associate Serban Halmagean, and Junior Associate Miruna Tocileanu.

The DLA Piper team was led by Country Managing Partner Marian Dinu and included Counsel Razvan Pele, Senior Associate Bogdan Buta, and Associates Noemi Popa and Andrei Gongea.

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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.

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). 

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