Wolf Theiss advises Revetas Capital Fund II and Cerberus Capital Management on acquisition of Bucharest hotel portfolio

The complex includes two hotel facilities, the Radisson Blu and Park Inn Hotels, as well as approximately 7,500 sqm of prime retail space. In addition to providing M&A assistance and real estate due diligence, Wolf Theiss assisted the purchasers in relation to financing and refinancing of the acquiring and the acquired companies’ debt.

Wolf Theiss’ team was coordinated on the M&A side by Ileana Glodeanu (Partner, Corporate M&A) from the Wolf Theiss Bucharest office and on the financing side, by Leopold Hoeher (Counsel, Banking & Finance) from Wolf Theiss Vienna. Significant contributions were also provided by the entire team of lawyers from the Bucharest office, including Ciprian Glodeanu (Partner, Real Estate & Construction), Mircea Ciocîrlea (Senior Associate, Corporate M&A), Claudia Chiper (Counsel, Banking & Finance), Cristina Ion (Associate, Real Estate), Andreea Stan (Associate, Corporate M&A), George Ghitu (Associate, Corporate M&A), Iuliana Ungureanu (Associate, Banking & Finance) and Alexandru Asaftei (Associate, Banking & Finance).