Radu Taracila Padurari Retevoescu has advised Qualitance founders Radu Constantinescu and Ioan Iacob on the sale of the company to Alten. CMS reportedly advised Alten on the acquisition.
The transaction remains contingent on regulatory approval.
Qualitance is an international tech and innovation company founded in Romania, that builds digital products and businesses.
Alten is a French technology and innovation consultancy and services group with international operations in 30 countries.
“We assisted Romanian entrepreneurs in the sale of a successful business, built with passion and dedication for 15 years. A new solid business, started and developed in Romania, has found an international partner with whom it will continue to grow to the next level,” RTPR Partner Alina Stavaru commented.
RTPR’s team included Stavaru and Managing Associate Cezara Urzica.