Law firm bpv GRIGORESCU STEFANICA advised Smart ID Dynamics, a leading independent player in the local industrial automation market, backed by the investment fund SARMIS Capital, on the acquisition of the Brasov-based integrated software solutions provider Spectrum, a company with over 20 years of experience in providing software, hardware and post-implementation support solutions to its customers. The transaction was completed in May 2022.

The team was led by Catalin Grigorescu, Partner (Corporate, M&A, Technology) and Iulia Dragomir, Managing Associate (Corporate, M&A, Tax) and included Tania Hotca, Senior Associate (Corporate, M&A, Commercial), Andreea Botez, Senior Associate (Intellectual Property), Ramona Manaila, Senior Associate (Employment), Denisa Brinzei, Associate (Commercial) and Ana Maria Staicu, Associate (Corporate, M&A). The team advised comprehensively on all stages of the transaction, from due diligence to negotiations and closing.

Previously, our team advised Smart ID Dynamics and its shareholders in relation to the investment of Sarmis Capital in the Smart ID Dynamics, a transaction which closed in January 2022.

Catalin Grigorescu, Managing Partner of bpv GRIGORESCU STEFANICA said : "We are very grateful for the continuous trust Daniel and Smart ID place in our team. We look forward to accompanying them on the journey of accelerated growth that they have embarked on since the investment made by Sarmis Capital earlier this year."