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Wolf Theiss Advises Fortech Founders on Sale to Global Logic

Wolf Theiss Advises Fortech Founders on Sale to Global Logic

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Wolf Theiss has advised the founders of Fortech on its sale to Global Logic. Tuca Zbarcea & Asociatii reportedly advised Global Logic.

The completion of the transaction is contingent on regulatory approval.

Fortech and its subsidiary Fortech Software Solutions, based in Cluj-Napoca, Romania, are IT service providers. Fortech also has engineering hubs in Oradea, Iasi, Brasov, and Bucharest. 

GlobalLogic, based in Silicon Valley, is a digital engineering company and a member of the Hitachi Group.

Wolf Theiss’ team included Partner Ileana Glodeanu, Counsels Flavius Florea and Mircea Ciocirlea, Senior Associates Cornelia Postelnicu and Andreea Stan, and Associate Iulia Cumparatu.

Editor's Note: After this article was published, Tuca Zbarcea & Asociatii confirmed it had advised GlobalLogic. The firm's team included Partners Dragos Apostol, Raluca Vasilache, Mihai Anghel, and Ciprian Timofte and Managing Associates Veronica Aman and Dana Blaer.

Wolf Theiss at a Glance

With over 360 lawyers in 13 countries, over 80% of the firm’s work involves cross-border representation of international clients. We have concentrated our energies on a unique part of the world: the complex, fast-developing markets of the CEE/SEE region. Through our international network of offices, we work closely with our clients to develop innovate solutions that integrate legal, financial, and business know-how.

Wolf Theiss provides fully integrated corporate services in mergers and acquisitions, private equity, real estate, banking and finance, tax and insurance, employment law, competition law, energy law, privatisation, restructuring, public procurement and litigation. At Wolf Theiss, we measure our success by the success of our clients. We align our goals with yours to ensure that your needs are being met in even the most complex of cross-border matters. This means that we know how to listen to you and help you use the assets you already have while finding opportunities.

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