PeliPartners assisted Oresa Ventures in relation to the sale of the largest loan broker in Romania - Kiwi Finance SRL - to OLX Group.
The Parties announced the signing of the transaction in October 2020, and the acquisition was completed in December 2020.
Kiwi Finance was founded by Anca Bidian in 2003, and Oresa acquired the majority stake in the company in 2007. Anca remained in charge with the company's operations, a role she will keep with OLX.
"We are glad that we were able to support Oresa and Anca Bidian in this intense private equity transaction, and we thank them for the opportunity to make a contribution to the merger and acquisition market of this atypical year" said Carmen Peli, Head of Corporate & M&A, PeliPartners.
The PeliPartners team was coordinated by Carmen Peli – Partner and included Mirabela Maria (Senior Associate) and Adelina Iordache (Associate).