RTPR and Allen & Overy have advised Innova Capital on the acquisition of a majority stake in EMI Equipement Maintenance Industrie from Morphosis Capital, Belemi, and founder Jerome France.
Innova Capital and Morphosis Capital are private equity funds.
According to RTPR, “market leader in industrial access systems EMI provides integrated consulting, design, manufacturing, installation, maintenance, and service solutions for industrial access solutions across various sectors. EMI operates assembly facilities in Romania and Slovakia and service and maintenance capabilities in Romania and Belgium.”
“I am incredibly proud of the development of EMI and the milestones we have achieved thus far,” said EMI CEO and Founder Jerome France. “Today, EMI stands as a truly European player, with international shareholding uniting four nationalities, with facilities in three countries and a strong presence across Europe. The capital injection from Innova Capital marks an exciting new chapter for us, as we embark on a more ambitious growth trajectory through mergers and acquisitions. As part of this expansion, we are dedicated to involving the founders of the companies we acquire, integrating their expertise and experience into our operations.”
Earlier in 2023, RTPR advised Innova Capital on its investment in Netopia (as reported by CEE Legal Matters on May 30, 2023), while, back in 2021, RTPR had also advised on the initial sale of a 51% stake in EMI to Morphosis Capital Fund I (as reported by CEE Legal Matters on October 12, 2021).
The RTPR team included Partners Alina Stavaru and Roxana Ionescu, Managing Associates Cezara Urzica, Codrina Simionescu, and Andrei Tosa, Senior Associate Ana Maria Barbu, Associate Serban Halmagean, and Junior Associates Filip Marinau, Flavia Mincu, Maria Luca and Irina Marinescu.
The Allen & Overy team included Warsaw Managing Partner Jaroslaw Iwanicki, Counsel Maciej Skoczynski, and Senior Associate Antoni Roszkowski.
The firms did not respond to our inquiry on the matter.