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Filip & Company Advises Agista on Sale of Dendrio Solutions and Increasing its Shareholding in Fort

Romania
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Filip & Company has assisted the investment fund Agista on the sale of its entire stake in Dendrio Solutions to Bittnet Systems and the acquisition of a new stake in the cybersecurity company Fort, listed on the AeRO market.

According to Filip & Company, as a result of this exchange transaction, Agista has now become the majority shareholder in Fort, together with Impetum Investments. The transaction remains contingent on regulatory approval.

Agista is part of the Impetum Group, a Romanian private equity company.

Founded in 2007, Bittnet Systems is a Romanian IT company. Fort is a cybersecurity company and hitherto part of Bittnet Systems.

Dendrio Solutions is a cloud, security, networking and full mobility solutions-based integrated IT service.

Earlier in 2024, Filip & Company advised Centrokinetic and Agista on their acquisition of a majority stake in Socrates Clinic (as reported by CEE Legal Matters on May 21, 2024). Back in 2023, Filip & Company advised Agista on its initial minority investment in Romania's Centrokinetic medical clinic network (as reported by CEE Legal Matters on August 31, 2023).

The Filip & Company team included Partners Alexandru Birsan and Olga Nita, Senior Associate Roxana Diaconu, and Associate Anca Badescu.

Filip & Company did not respond to our inquiry on the matter.

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). 

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