Wolf Theiss has advised Arobs Transilvania Software on its acquisition of Berg Software. Radu Taracila Padurari Retevoescu advised Berg's shareholders on the transaction.
Arobs is a Romanian company providing software services and solutions in various industries, including the automotive, clinical trials, travel, IoT, fintech, and enterprise sectors. Established in 1998, the company has over 8000 partners from Europe, America, and Asia.
Founded in 1991, Berg Software is a Romanian local custom software development and outsourcing company, with offices in Timisoara, Lugoj, and Oradea. In 2020, Berg Software recorded a turnover of RON 13 million and a net profit of RON 1.8 million from enterprise software development.
"Our strategy is to continue expansion both nationally and internationally by acquiring IT companies with which we can develop synergies in software expertise, particularly on enterprise solutions," Arobs CEO Voicu Oprean commented. "The transaction extends our geographical presence by opening another bridgehead in Western Romania and yet another one to Germany, Austria, and Switzerland markets, where Berg is extremely well-positioned and where we want to increase Arobs' presence."
"We are honored to join the Arobs family, a successful Romanian business with which we share the same values and vision," added Berg Software CEO Rodica Berg. "Together we will be stronger, and both our clients and colleagues will benefit from the synergies created and the added value of this alliance that will take Berg to a new stage of development."
The Wolf Theiss team included Partners Ileana Glodeanu and Anca Jurcovan, Counsel Flaviu Nanu, Senior Associates George Ghitu and Andreea Stan, and Associates Nina Lazar, Alexandru Caleap, and Costin Salaru.
The RTPR team included Partner Alina Stavaru, Counsel Ianita Tui, Senior Associate Vicu Buzac, and Associate Andrei Tosa.