Tuca Zbarcea & Asociatii (Tuca Zbarcea & Partners), NNDKP (Nestor), Popovici Nitu & Asociatii, and Musat & Asociatii are the most active law firms on the mergers & acquisitions segment, according to the Top Deals Yearbook, compiled by ZF.
Transactions that entailed the sale of Daewoo Craiova to American carmaker Ford, of BT Asigurari (BT Insurance), of the America House office building, and the aggressive acquisition campaign conducted by Austrian-based Immoeast are just some of the transactions that the four law firms (Tuca Zbarcea, NNDKP, Popovici Nitu and Musat), which are among the largest on the market in terms of turnover, were involved in last year.
Each of the four firms assisted at least ten major deals last year (overall 57) from a total of 113 deals included in the third edition of the Top Deals Yearbook, while other positions were filled by Radu Taracila Padurari Retevoescu (RTPR), Salans and Schoenherr, with six deals each.
The cumulated value of the biggest deals concluded by each these firms is somewhere between 650 million euros and 1 billion euros, after the four law firms assisted deals worth 3.5 billion euros in total, more than half the value of transactions published in the yearbook.
However, there were very few occasions in which these law firms were involved in the same transactions. In the case of the Ford transaction, lawyers at Tuca Zbarcea advised the AVAS (The State Assets Resolution Authority), while NNDKP was Ford's legal adviser. Another car industry giant was also involved in negotiations, General Motors, represented by another major player on the legal market - Musat & Asociatii.
As for real estate transactions, Popovici Nitu & Asociatii, the main representatives of private equity fund Immoeast, had a busy year, considering the aggressive acquisitions campaign conducted by the Austrian fund. @