bpv Legal | Romania advised the private equity firm Omnia Capital on its investment in Cargo Buddy

9 July 2024. bpv GRIGORESCU ȘTEFĂNICĂ advised the private equity investment firm Omnia Capital on acquiring 44.67% of Cargo Buddy, a digital shipping house launched in 2021. Cargo Buddy is the first digital shipping house in Eastern Europe, serving both businesses and individuals, while partially complementing courier services.

Our involvement in this transaction included advising the investor Omnia Capital on legal and tax issues related to the transaction’s structuring, documentation and implementation.

“After the takeover of road transportation company Dumagas, which was completed early last year, the investment in Cargo Buddy shows our client’s dedication to the development of the transportation sector. We are pleased that this new project values both our transaction experience and our market-leading expertise in the technology sector”, says Catalin Grigorescu, managing partner bpv GRIGORESCU ȘTEFĂNICĂ.

“Cargo Buddy is a Romanian company that is competitive at the European level, and our investment aims to increase our operational performance and offer better commercial conditions to our clients. As in the previous transactions, the collaboration with bpv GRIGORESCU ȘTEFĂNICĂ has lived up to our expectations and helped us to close the transaction on the best possible terms”, says Matei Ladea, partner Omnia Capital.

Our team included Catalin Grigorescu, managing partner and head of the technology transaction practice and Matei Tomi, associate in the corporate transactions practice.

Our use of cookies

We use necessary and functionality cookies to make our site work. We only use analytics cookies to improve our website if you enable them. By using this tool for individual settings of the cookies, we will send a cookie to your device to remember your preferences.

For more detailed information about the cookies we use, see our Cookies Policy.

Necessary Cookies Necessary cookies enable core functionality such as security, network management, and accessibility. You may disable these by changing your browser settings, but this may affect the website functions.

Functionality Cookies

Functionality cookies allow users to customise how a website looks for them: they can remember usernames, language preferences and regions. We use functionality cookies for storing your user preferences and remembering if you have been to the site before so that messages intended for first-time users are not displayed to you. These cookies do not collect information about you that could be used for marketing purposes and do not remember where you have been on the Internet.

You may disable these cookies with the button, but you should be aware that any preferences will be lost and you will have to make them again on your next visit. It is also possible that the website will not work properly or you will lose some functionality.

Analytics cookies (including US providers)

"Web analytics cookies" collect aggregated information about user behaviour to improve our website. We would like to use such cookies from Google Analytics to improve our website by collecting and evaluating information about the use of our website. The provider of Google Analytics is Google LLC, which is based in the USA. The USA is not certified by the European Court of Justice as having an adequate level of data protection. In particular, there is a risk that your data may be accessed by US authorities for control and monitoring purposes and that no effective legal remedies are available against this. By activating the button under "Web analytics cookies (including from US providers)", you agree that we may set these cookies and that you also agree to the transfer of data to the USA. You can revoke your consent at any time via the cookie settings on our website.