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Kinstellar, Koutalidis, and Potamitis Vekris Advise on Advent's Acquisition of TBI Bank in Bulgaria, Greece, Romania, and Turkey from 4finance Holding

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Kinstellar and Potamitis Vekris, working alongside Milbank, have advised Advent on its acquisition of TBI Bank from 4finance Holding. Koutalidis, working with White & Case, advised 4finance Holding. Arendt reportedly advised Advent as well.

The transaction remains contingent on regulatory approval.

Advent is a private equity investor.

According to Kinstellar, TBI Bank is a digital challenger bank serving over 2.4 million clients through more than 32,000 merchant check-out points across Southeast Europe.

The Kinstellar team included Romania-based Partner Zsuzsa Csiki, Counsels Cristina Stamboli, Alexandru Dan, and Catalin Graure, Managing Associates Razvan Constantinescu, Andrei Balus, Madalina Perte, and Andrada Popescu, Senior Associates Cosmin Vasilescu, Catalina Balus, and Andrei Salageanu, Associates Teodora Nicoschi, Alexandra Sofineti, and Denisa Constantin, and Junior Associates Stefana Bucur, Ioana Moldoveanu, and Andreea Vladareanu, Bulgaria-based Partner Nina Tsifudina, Of Counsel Milka Nikolova, Counsel Svilen Issaev, Managing Associates Anita Borisova and Georgi Kanev, Senior Associate Nikolay Gergov, and Associates Yasen Toshev, Simona Damyanova, and Debora Dineva, and Turkiye-based Partners Emre Edmund Ozer and Sinan Diniz, Senior Associate Simru Tayfun, and Associates Helin Akbulut, Tugberk Cakirca, and Beyza Nur Arli.

The Koutalidis team included Partners Katia Protopapa and Effie Papoutsi.

The Potamitis Vekris team included Partner Alexander Metallinos, Associates Regina Keramida, Silas Fouradoulas, Thanasis Deligiannis, Marios Mavros, Christina Sideri, Dorianna Sarri, Chrysa Kalantzi, Valia Damoulou, and Panagiota Kelali, and Trainees Artemis Krasagaki and Marianna Asimakopoulou.

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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