Wolf Theiss has advised the founders of Fortech on its sale to Global Logic. Tuca Zbarcea & Asociatii reportedly advised Global Logic.
The completion of the transaction is contingent on regulatory approval.
Fortech and its subsidiary Fortech Software Solutions, based in Cluj-Napoca, Romania, are IT service providers. Fortech also has engineering hubs in Oradea, Iasi, Brasov, and Bucharest.
GlobalLogic, based in Silicon Valley, is a digital engineering company and a member of the Hitachi Group.
Wolf Theiss’ team included Partner Ileana Glodeanu, Counsels Flavius Florea and Mircea Ciocirlea, Senior Associates Cornelia Postelnicu and Andreea Stan, and Associate Iulia Cumparatu.
Editor's Note: After this article was published, Tuca Zbarcea & Asociatii confirmed it had advised GlobalLogic. The firm's team included Partners Dragos Apostol, Raluca Vasilache, Mihai Anghel, and Ciprian Timofte and Managing Associates Veronica Aman and Dana Blaer.