Teodorescu Partners provided legal assistance to Autonom Protect, the insurance services company of the Autonom Group, in the acquisition of the majority share package of Nova Ria24 Servicii SRL, a company specialized in technical, medical, and travel assistance services.

This acquisition represents a strategic move for the market position consolidation of the Autonom Group, by diversifying the portfolio of services offered. Teodorescu Partners law firm provided legal assistance in all aspects of the project, from the initial offer, through all due diligence procedures, to structuring and negotiating the transaction.

“This strategic partnership between Autonom and Nova Ria24 is a clear example of synergy that amplifies the value offered to clients and consolidates Autonom Group’s leadership position in the insurance market. We are deeply honored by the trust Autonom has placed in us, inviting us to be part of this ambitious project. The Autonom team demonstrated remarkable professionalism and agility, making this transaction a success story. It is a pride for us to contribute to this transaction, which sets a new standard of excellence in the industry,” said Alex Teodorescu, Managing Partner at Teodorescu Partners.

About Teodorescu Partners: Inspired by the majestic peaks of the mountains, Teodorescu Partners – Attorneys at Law embodies perseverance, strength, wisdom, and patience, those values that are instilled by the Bucegi Mountains. Guided by the teachings received from the mountain, we approach the practice of business law with a fresh and determined perspective, based on our concrete and pragmatic expertise. https://teodorescupartners.ro/

Related:

Bizlawyer: https://bizlawyer.ro/stiri/tranzactii/teodorescu-partners-a-asistat-autonom-protect-in-achizitia-nova-ria24

CEE Legal Matters: https://ceelegalmatters.com/romania/25741-teodorescu-partners-and-zrvp-advise-on-autonom-protect-acquisition-of-nova-ria24