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Teodorescu Partners and ZRVP Advise on Autonom Protect Acquisition of Nova Ria24

Teodorescu Partners and ZRVP Advise on Autonom Protect Acquisition of Nova Ria24

Romania
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Teodorescu Partners has advised Autonom Protect on its acquisition of a majority stake in Romania's Nova Ria24 from Nicoleta Zamfir. Zamfirescu Racoti Vasile & Partners advised the seller.

Autonom Protect is an insurance services company and part of the Autonom Group.

Nova Ria24 specializes in technical, medical, and travel assistance services.

According to Teodorescu Partners, "this acquisition represents a strategic move to strengthen Autonom Group's market position by diversifying the portfolio of services offered."

The Teodorescu Partners team included Managing Partner Alexandru Teodorescu.

The Zamfirescu Racoti Vasile & Partners team included Partner Mihai Bajenaru and Senior Associate Adina Nitescu.

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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