Dentons has advised the EBRD on an equity investment in Arobs Transylvania Software. Filip & Company advised Arobs.
Arobs provides custom software development services across several industries, including automotive, marine, aerospace, healthcare, travel and hospitality, and fintech.
According to Dentons, the EBRD investment was part of a larger primary and secondary share offering of EUR 38 million subscribed by other retail and institutional investors.
"We are very happy to become one of Arobs’ minority shareholders," said EBRD Director, Head of Romania Victoria Zinchuk. "This investment confirms the EBRD’s commitment to support the vibrant local IT sector and further develop such businesses into regional champions."
"We are very proud to welcome EBRD as an investor," added Arobs' Founder and CEO Voicu Oprean. "This transaction creates added value for Arobs, the Romanian technology industry, and the Bucharest Stock Exchange. The partnership will help us become more resilient by improving our liquidity and growing our attractiveness, competitiveness, and footprint in international markets."
The Dentons team included Partner Loredana Chitu and Associate Robert Alin.
The Filip & Company team included Partners Olga Nita and Alexandru Birsan, Senior Associate Roxana Diaconu, and Associates Monica Popa, Bianca Gheorghe, Isabela Dogaru, and Georgiana Lazar.
