DLA Piper has advised Volaris Group on its acquisition of Bit Soft. Popovici Nitu Stoica & Asociatii advised the seller.
Bit Soft, a Romanian software and IT services company operating in the hospitality market, with activities in Romania, Hungary, France, and Bulgaria.
According to DLA Piper, "as part of Volaris Group's growing foodservice and hospitality portfolio, Bit Soft will gain access to a global network of software companies and operational expertise, while preserving the autonomy and entrepreneurial culture that has driven its success."
"We built Bit Soft out of a passion for software development and the HoReCa industry," Bit Soft Founder Bogdan Stanciu commented. "For 30 years, we have grown by continuously innovating and developing solutions to help this industry digitalize."
The DLA Piper team included Country Managing Partner Marian Dinu, Partners Andra Trantea and Tudor Nedelea, Counsels Cristina Bucur, Razvan Pele, and Andreea Badea, Managing Associate Andrei Dragan, Cristi Porojanu, and Corina Badiceanu, Senior Associates Diana Nacuta and Andrei Stoica, and Tax Director Lidia Dutu.
The PNSA team was led by Partner Bogdan Stoica and included Partner Mihaela Ion, Managing Associate Camelia Constantin, Senior Associate Ioana Lazar, and Associates Crina Stan and Alexia Trofin.
