
A Deloitte Romania team made of financial and tax advisors assisted BlackPeak Capital, a Southeast Europe focused private equity fund, in its equity investment in Affinity Life Care, which currently operates three premium care centers in central Bucharest, with a capacity of more than 400 licensed beds. With BlackPeak Capital’s support, Affinity will accelerate its expansion in Bucharest and across other key regions of the country, with the ambition to elevate the standard of elderly care in Romania.
“We are excited to partner with Affinity and support them in their ambitious growth plans. Affinity represents the first investment by a private equity fund in Romania’s senior care sector, and we see it as a big responsibility towards current and future residents, employees, and the industry,” said Virgil Chitu, Romania Lead with BlackPeak Capital.
Deloitte Romania advised BlackPeak Capital throughout the process, providing financial and tax due diligence, transaction support, assistance with signing the agreement, and tax structuring. The multidisciplinary team was made of Radu Dumitrescu, Partner-in-Charge, Vlad Balan, Director, Ionut Grigoras, Manager, Andreea Dobrota, Senior Associate, Vlad Muresan and Daniel Mircia, Associates, from the Advisory practice, and Dan Badin, Partner, Laura Bobar, Senior Manager, Alexandra Gheorghe, Manager, Bianca Husariu, Senior Associate, CosminVisca and Stefania Samson, Associates, from the Tax practice.
"This transaction brings growth equity from a regional investment fund to elderly care services, a field which is not institutionalized in the local market, but which has great potential for growth in Romania and in the region. This is actually one of our client’s strengths – the exposure and the knowledge which they bring to the companies with potential for regional development. The process’ complexities which arose along the way stimulated our team’s innovative approach in order to find the best solutions in due time and close the deal in the most efficient way possible. We are honored to have been BlackPeak Capital’s trusted advisors," said Radu Dumitrescu, Advisory Partner-in-Charge, Deloitte Romania.
Affinity Life Care is the leading provider of elderly care services in Romania and offers personalized, round-the-clock care for seniors in its nursing homes in central Bucharest. With a team of specialized medical staff and a commitment to quality, dignity, and safety, Affinity delivers long-term care that feels personal, human, and modern. Learn more at www.affinity.ro.