Law firm Biriş Goran represented its client, CloudTreats Inc., in the sale of its leading food delivery platform, hipMenu.ro, toDelivery Hero, one of the largest online food-delivery groups in the world.
The Biriş Goran team was composed of Teodora Moţatu(Senior Associate), Ruxandra Jianu (Tax Partner) and Corina Celmare (Junior Associate).
Teodora Moţatu stated:"We are happy to have assisted CloudTreats Inc.in a transaction that marks the growing maturity of the market and will lead to further consolidation of the food ordering market. It was a complex transaction under a tight time line that involved intensive work in Romania and two other jurisdictions for several months.”
Dan Klausmeier, CEO CloudTreats said: “This was a complex multinational transaction with a broad range of unanticipated legal considerations. Bringing it to a timely close while also capturing our interests would not have been possible without the breadth and depth of the Biriş Goran team.”
The hipMenu.ro platform was launched in 2013 in Cluj-Napoca by two entrepreneurs and currently brings together the offers of over 300 restaurants in Cluj, Bucharest, Oradea and Timişoara.