Stratulat Albulescu has advised SIBS, a major payment processor operating in Europe and Africa, on the acquisition of Wirecard companies in Romania, namely Wirecard Romania (previously Provus Service Provider), Romcard and Supercard Solutions & Services. At the same time, SIBS also acquired the branch established by Wirecard Romania in Moldova.
Stratulat Albulescu was SIBS’ lead legal counsel on the deal, and worked closely with other top tier law firms in Germany and Moldova on specific legal aspects of the deal which related to those jurisdictions.
The Stratulat Albulescu team was coordinated by Managing Partner Silviu Stratulat and Counsel Octav Stan and included a large number of lawyers who provided legal advice and assistance on the buy side due diligence and on the transaction documents.