RTPR has advised private equity fund MidEuropa on the Romanian law aspects of the sale of Regina Maria Group, including MediGroup Serbia, to Mehiläinen, Finland’s largest private healthcare and social care provider, in what is considered the largest healthcare transaction ever completed in Central and Eastern Europe.
RTPR has advised MidEuropa, one of the leading private equity investors in Central and Eastern Europe, on the Romanian law aspects of the completion of the sale of Regina Maria Group to Mehiläinen. The transaction, signed in March 2025, represents the largest healthcare transaction in Central and Eastern Europe to date.
Regina Maria Group is one of the most important integrated private healthcare networks in Romania, providing a broad range of outpatient medical services across multiple specialties, as well as hospital services. The group serves more than 3 million patients annually through a network of over 400 medical units. The transaction also includes MediGroup, the leading private healthcare provider in Serbia.
The mandate was handled by a multidisciplinary RTPR team of 29 lawyers, supervised by Managing Partner Costin Tărăcilă. The transactional phase was coordinated by Roxana Ionescu (Partner) and Marina Fechetă-Giurgică (Senior Associate), with the support of David Mirea and Iulia Călin (Junior Associates) during the period between signing and closing. Roxana Ionescu also led the competition law aspects of the transaction.
Alina Stăvaru (Partner) and Marina Fechetă-Giurgică advised on the negotiation of management incentive and remuneration packages, while Cosmin Tilea (Partner), Andreea Nedeloiu (Counsel) and Georgiana Veriveș (Associate) provided advice on the financing aspects of the transaction.
“Closing 2025 with another record transaction alongside MidEuropa is a great achievement for our team. At the beginning of this year, we announced the completion of the largest private equity transaction ever carried out in Romania – the sale of Profi by MidEuropa to Ahold Delhaize. We are proud to support MidEuropa once again in another landmark transaction – the sale of Regina Maria and MediGroup to Mehiläinen,” said Costin Tărăcilă, Managing Partner at RTPR.
“We are honoured to have supported Regina Maria over the years in multiple healthcare acquisitions and to have witnessed its development into a market leader. We thank the Regina Maria team for the excellent collaboration and wish them continued success alongside Mehiläinen,” added Roxana Ionescu, Partner at RTPR.
Marina Fechetă-Giurgică, Senior Associate at RTPR, commented: “It was a privilege to advise MidEuropa and Regina Maria in a reference transaction for the Romanian market, alongside an experienced and highly professional investor team.”
RTPR has a longstanding relationship with Regina Maria Group, having advised on its previous changes of ownership, including the acquisition by Advent International in 2010 and the subsequent sale to MidEuropa in 2015. Over the past 15 years, RTPR has worked closely with Regina Maria’s management team on the group’s most significant bolt-on acquisitions, including Euroclinic Hospital, Ponderas Hospital, and several regional medical networks.
RTPR is widely recognised for its extensive experience in private equity transactions, having advised on many of the most significant deals completed in Romania and the wider region. The firm’s Corporate/M&A practice is consistently ranked Tier 1 by international legal directories such as Chambers & Partners, Legal 500 and IFLR1000. In 2025, RTPR was named Legal Advisor of the Year at the ROPEA Awards, marking the third consecutive year the firm has received this distinction.
