Stratulat Albulescu Attorneys at Law acted as advisors to the seller, in the shareholders exit from Romanian tech start-up Froala, whose 6000 clients in 110 countries worldwide include giants like Apple, Samsung, Toyota, Amazon and Reuters. Froala is best known in the tech world thanks to their web editor WYSIWYG (What You See Is What You Get).
The buyer, US based software company Idera, Inc, boasts an annual revenue around USD 120 million (src: Profit.ro)
The Firm (SAA) advised Froala’s shareholders throughout the transaction, including assisting with negotiations and executing the share purchase agreement, as well as assistance with completion formalities.
Stratulat Albulescu Attorneys at Law is a young and dynamic Romanian law firm, providing legal advice in all business sectors and in all areas of Business Law and Dispute Resolution in Romania. Stratulat Albulescu prides itself on its team of lawyers who are leading professionals in their respective disciplines. The Firm works in close co-operation with highly-respected law firms internationally and has significant experience in cross-border transactions, providing legal advice in English, German, French, Italian, Romanian and Spanish.