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Ijdelea & Associates and Tuca Zbarcea & Asociatii Advise on Splend Group's EUR 25 Million Financing

Ijdelea & Associates and Tuca Zbarcea & Asociatii Advise on Splend Group's EUR 25 Million Financing

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Ijdelea & Associates has advised the Splend Group on a project financing transaction of over EUR 25 million with US-based Partners for Growth VI. Tuca Zbarcea & Asociatii and, reportedly, Australia-based Hamilton Locke advised Partners for Growth.

According to Ijdelea & Associates, “the Splend Group is a global leader in providing cars to on-demand drivers, offering training, data analytics, and car rentals for ride-hailing drivers on either a rent-to-buy or for-lease basis. The company, founded in Sydney, has expanded over the years across Australia and Europe, its entrance on the Romanian market being made in 2017.”

Partners for Growth is a San Francisco-based specialty-lending firm serving emerging growth technology and life sciences companies.

The Ijdelea & Associates team was led by Managing Partner Oana Ijdelea and included Managing Associate Siranus Hahamian and Associate Lorena Vasvari.

The Tuca Zbarcea & Asociatii team included Partner Mihai Dudoiu, Managing Associate Catalin Georgescu, and Associate Sorina Stefoni.

Tuca Zbarcea & Asociatii at a Glance

Țuca Zbârcea & Asociații is a full-service independent law firm, employing cross-disciplinary teams of lawyers, insolvency practitioners, tax consultants, IP counsellors, economists and staff members. It also operates a secondary law office in Cluj-Napoca (Romania), and has a ‘best-friend’ agreement with a leading law firm in the Republic of Moldova. In addition, thanks to the firm’s dedicated Foreign Desks, the team provides the full range of services to international investors seeking to gain a foothold or expand their existing operations in Romania. Since 2019, the firm and its tax arm are collaborating with Andersen Global in Romania.

Țuca Zbârcea & Asociaţii is providing legal services in every aspect of business, covering all major areas of practice: corporate and M&A; litigation and international arbitration; corporate tax; public procurement; TMT; employment; insurance; banking and finance; capital markets; competition; healthcare and pharmaceutical; energy and natural resources; environmental; intellectual property; real estate; regulatory legal services.

Țuca Zbârcea & Asociaţii is a First-Tier law firm in all international legal directories and a multiple award-winning law firm both locally and internationally. It received the CEE Deal of the Year Award (DOTY Awards 2021) and the Law Firm of the Year Award: Romania (IFLR Europe Awards 2021). 

Firm's website.