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Wolf Theiss Advises Fortech Founders on Sale to Global Logic

Wolf Theiss Advises Fortech Founders on Sale to Global Logic

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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.

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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