We are pleased to announce that Koutalidis Law Firm advised 4finance Holding S.A., one of Europe’s leading digital consumer lending groups, on the sale of TBI Bank EAD, via its subsidiary TBI Financial Services Limited B.V., to Advent International.
Our Μ&Α team led by Partner Katia Protopapa worked alongside White & Case LLP, advising on the Greek law aspects of the transaction, whereas Partner Effie Papoutsi provided regulatory advice.
TBI Bank EAD is a digitally driven lender with a strong presence in Southern and Eastern Europe, operating in Bulgaria, Romania and Greece. The acquisition by Advent will further support TBI Bank EAD’s rapid growth, as the bank currently serves more than 2.4 million customers.