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.