TGS Baltic has advised INVL Baltic Sea Growth Fund on its acquisition of Pehart Group in Romania from Abris Capital Partners. RTPR advised Abris Capital Partners.
INVL Baltic Sea Growth Fund is a Baltics-based private equity fund with a size of EUR 165 million.
Pehart Group is a tissue paper producer in South-East Europe.
Abris Capital Partners is an independent private equity fund focusing on mid-market opportunities in Central European countries.
“Partnership has always been central to our philosophy, and we’re thrilled at the prospect of collaborating with the Pehart Group’s management team," commented INVL Baltic Sea Growth Fund Partner Vytautas Plunksnis. "Upon the successful completion of the transaction, Pehart Group will become the tenth portfolio investment of INVL Baltic Sea Growth Fund, marking a significant milestone in completing the fund’s portfolio."
The TGS Baltic team included Partner Marius Matonis and Senior Associate Ruta Tikuisyte.
The RTPR team included Managing Partner Costin Taracila, Partners Cosmin Tilea and Roxana Ionescu, Counsel Vlad Stamatescu, Managing Associate Andrei Tosa, Senior Associates Marina Fecheta-Giurgica, Cezara Urzica, Diana Dimitriu, and Andreea Nedeloiu, Associate Serban Halmagean, and Junior Associates George Capota, David Mirea, Alexandru Dumitrescu, Irina Marinescu, and Maria Luca.
