RTPR advises Resource Partners on iaBilet.ro exit

RTPR has assisted Resource Partners, one of the largest CEE private equity funds, in relation to the sale of its entire stake in Ia Bilet SRL, the well-known Romanian ticketing platform, to PLG Romania, part of AS Piletilevi PLG. Alongside Resource Partners, the company’s founders also divested their entire stake to PLG Romania. With operations in Estonia, Lithuania, Latvia, the Czech Republic, Slovakia, Poland and Romania, PLG group is one of the reputable ticketing companies in the region. The transaction was signed on 20 May and is subject to customary regulatory approvals and the fulfilment of the conditions precedent agreed by the parties. 

The RTPR team was coordinated by Alina Stavaru (Partner) and Andrei Tosa (Senior Associate), and further included Iulia Calin (Junior Associate). Roxana Ionescu (Partner) and Serban Halmagean (Managing Associate) advised on competition aspects of the deal. 

“Alina and her team at RTPR delivered exceptional work on the exit of iaBilet and BestMusic. They are strategic thinkers as well as excellent technicians, with a strong commercial instinct and a pragmatic approach to negotiation. Their advice was consistently clear, well-judged and business-focused throughout the transaction”, said Miruna Popa, Investment Manager at Resource Partners.

“We were honoured to assist Resource Partners throughout its full investment cycle in iaBilet. In September 2025 we announced the closing of its acquisition, and just eight months later, we are marking its exit. This transaction underscores the strong appeal of high-quality Romanian businesses. It perfectly illustrates the sophistication of today’s M&A landscape, and we were privileged to help our clients navigate the entire process seamlessly”, said Alina Stăvaru, Partner at RTPR.

“We were glad to support our clients on a complex and dynamic transaction and to help bring this landmark deal to signing. It was a pleasure to contribute to such an important milestone for all parties involved and we would like to congratulate them on this successful outcome”, said Andrei Toșa, Senior Associate at RTPR.

RTPR is widely recognised for its extensive experience in transactions involving investment funds, having been involved in most of the private equity deals in Romania in recent years on both buy-side and sell-side mandates, as well as on bolt-on acquisitions for portfolio companies. The firm’s unrivalled expertise in the largest and most interesting deals in Romania and in the region has been acknowledged by the most reputed international legal directories, such as Chambers & Partners, Legal 500 and IFLR1000, which rank RTPR’s Corporate/M&A practice on the first tier. At the same time several team members are recommended as Leading Lawyers or Rising Stars in this area.

RTPR was named Legal Adviser of the Year 2025 at the ROPEA Awards Gala organised by the Romanian Private Equity Association, in recognition of its work on private equity transactions. The award marks RTPR’s third consecutive win and further reinforces its leading position in the sector.

Selected deals in which RTPR have recently advised funds are set out below:

→   MidEuropa on the sale of Regina Maria Group to Mehiläinen in the largest ever healthcare services transaction in Central Europe

→   Macquarie Asset Management (MAM) on the EUR700m sale of Evyro Group, owner of Distributie Energie Oltenia (DEO), a regulated electricity distribution network in Romania, to Premier Energy Group
→   MidEuropa on the sale of Cargus to courier company SAMEDAY, part of the eMAG group
→   MidEuropa on the EUR1.3bn sale of Profi, in the largest transaction in the retail sector ever concluded in Romania
→   Integral Capital Group on the acquisition of a majority stake in Embryos, a leading fertility and gynaecology clinic in Romania, specialised in assisted reproduction technology, offering an integrated suite of fertility treatments, including IVF
→   Abris Capital Partners on the sale of Pehart Grup, one of the largest paper producers in South-Eastern Europe, to INVL Baltic Sea Growth Fund, the leading private equity fund in the Baltic States
→   Oresa and the entrepreneur Cristian Amza on the sale of the entire stake in the La Fantana group to the strategic investor Axel Johnson
→   PragmaGO, a company owned by the private equity fund Enterprise Investors, on the acquisition of an 89% stake in Telecredit IFN, operating under the brand name Omnicredit
→   Innova Capital on the sale of Optical Investment Group, a leading retailer of optical eyecare and eyewear products in Romania, to EssilorLuxottica, a global leader in the design, manufacture and distribution of ophthalmic lenses, frames and sunglasses
→   SARMIS Capital on the strategic acquisition of three renowned companies in the facility management services sector: AEK Security, AEK Firefighters, and Deziclean
→   Morphosis Capital and a group of co-investors from Belgium on the acquisition of a majority stake in Mark Twain International School