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Wolf Theiss, BCGL, and D&B David and Baias Advise on Symfonia Acquisition of Romania's Softeh Plus

Wolf Theiss, BCGL, and D&B David and Baias Advise on Symfonia Acquisition of Romania's Softeh Plus

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Wolf Theiss and Balicki Czekanski Gryglewski Lewczuk have advised MidEuropa Partners and Accel-KKR portfolio company Symfonia on its acquisition of Softeh Plus. PwC Legal Romanian affiliate D&B David and Baias advised the shareholders of the Romanian software company.

The transaction closed on December 31, 2023.

According to Wolf Theiss, Softeh Plus is a company specializing in ERP software solutions for healthcare businesses, as well as the major technology enabler for many Romanian private medical services providers and the largest pharmacy networks.

Symfonia is a provider of ERP software to accounting offices and small and medium-sized enterprises in Poland, including financial management, payroll, HCM solutions, as well dedicated industry solutions. Backed by MidEuropa Partners and Accel-KKR, it plans to become a regional leader.

According to BCGL, "the acquisition of Softeh marks the first international and sixth in total acquisition carried out by Symfonia in the last few years. Through this acquisition, Symfonia has entered the Romanian market which is the second largest in this part of Europe, right after Poland, and is rapidly digitalizing. This transaction is yet another milestone in Symfonia’s development towards becoming a leading ERP software provider for SMEs in the CEE region."

The Wolf Theiss team was led by Partner Ileana Glodeanu and Counsel Mihai Coada and included Partner Anca Jurcovan, Counsels Flavius Florea and Dana Toma, Senior Associate Andreea Tudorache, and Associates Nina Lazar, Ioana Iacob, Madalina Paladi, Vlad Catana, and Maria Popescu.

The BCGL team was led by Partner Jacek Balicki.

The D&B David and Baias team included Partner Anda Rojanschi and Senior Lawyer Mihaela Papandreia.

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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