RTPR has assisted the private equity fund Integral Capital Group, formerly known as Integral Venture Partners, in relation to the acquisition of a majority stake in Embryos from the three founders of the business. Embryos is a leading fertility and gynaecology clinic in Romania, specialised in assisted reproduction technology, offering an integrated suite of fertility treatments, including IVF.

The project team was coordinated by Costin Taracila (Managing Partner) and Marina Fecheta-Giurgica (Senior Associate), and also included Maria Luca (Associate), David Mirea and Alexandru Dumitrescu (Junior Associates) for the transaction documents. The due diligence team further included Cezara Urzica (Senior Associate), Andrei Tosa, Cristina Croitoru (Managing Associates), Irina Marinescu (Associate) and Iasmina Buse (Junior Associate). Roxana Ionescu(Partner), Serban Halmagean (Associate) and Daria Spatariu (Junior Associate) advised on competition and FDI aspects of the deal.

“Once again, our collaboration with RTPR proved to be a successful one. We would like to thank Costin, Marina and their team for their commitment, availability and the ability to quickly understand our commercial aims so as to offer on-point and seamlessly tailored legal assistance”, said Evtim Chesnovski, Partner of Integral Capital Group.

“We would like to thank Evtim and Radu for this new mandate and we are happy that once again our team has managed to identify the best solutions for the parties involved. A transaction with a private equity fund as an investor and a target operating in the medical sector requires an in-depth understanding of the specifics of both sectors, two areas in which our team has extensive experience. Congratulations on a new success!”, said Costin Taracila, Managing Partner of RTPR.

“We are grateful to have had chance to join forces once again with Evtim, Radu and their team at Integral Capital Group on another investment in the healthcare sector. There is no doubt reproductive medicine is becoming key in light of current social and demographic trends and we are certain that this private equity – founders partnership will only foster the fast-paced growth planned for Embryos”, said Marina Fecheta-Giurgica, Senior Associate at RTPR.

In 2022, RTPR has assisted the private equity fund on its investment in Medima Health, a chain of medical clinics with a national presence, specialised in imaging and radiology.