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Wolf Theiss and RTPR Allen & Overy Advise on Sale of Intelligent IT to Visma

Wolf Theiss and RTPR Allen & Overy Advise on Sale of Intelligent IT to Visma

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Wolf Theiss has advised the Visma group on its acquisition of Intelligent IT, developer of the SmartBill billing software. RTPR Allen & Overy advised Intelligent IT's selling shareholders.

According to Wolf Theiss, the transaction was structured as a staggered sale, with Visma initially acquiring 50.1% of Intelligent IT, with three more tranches to follow.

Wolf Theiss's team was led by Partner Ileana Glodeanu and included Counsel Adelina Iftime-Blagean and Bucharest-based Counsel Mircea Ciocarlea and Associates Postelnicu Madalina Cornelia, Nina Lazar, Sorin Dumitru, George Ghitu, Iulia Gabriela Cumparatu, and Andreea Stan, as well as Austrian Counsel Robert Wagner.

The RTPR Allen & Overy team was led by Partner Alina Stavaru, working with Associate Evelin Grigore and -- on Competition aspects -- Senior Associate Andrei Mihul.

Wolf Theiss at a Glance

With over 360 lawyers in 13 countries, over 80% of the firm’s work involves cross-border representation of international clients. We have concentrated our energies on a unique part of the world: the complex, fast-developing markets of the CEE/SEE region. Through our international network of offices, we work closely with our clients to develop innovate solutions that integrate legal, financial, and business know-how.

Wolf Theiss provides fully integrated corporate services in mergers and acquisitions, private equity, real estate, banking and finance, tax and insurance, employment law, competition law, energy law, privatisation, restructuring, public procurement and litigation. At Wolf Theiss, we measure our success by the success of our clients. We align our goals with yours to ensure that your needs are being met in even the most complex of cross-border matters. This means that we know how to listen to you and help you use the assets you already have while finding opportunities.

Firm's website:

Wolf Theiss – Leading Lawyers in CEE/SEE