Wolf Theiss supports Symfonia’s continued expansion in Romania through the acquisition of Setrio Soft

Bucharest, 11 September 2026 – Wolf Theiss advised Symfonia sp. z o.o., a portfolio company of MidEuropa and Accel-KKR, on its most recent strategic transaction in Romania, namely the acquisition of Setrio Soft SRL, a Romanian company offering software solutions for healthcare and logistics professionals. The transaction closed on 31 August 2026.

Wolf Theiss advised Symfonia on all Romanian legal aspects of the transaction, including due diligence and the drafting and negotiation of the share purchase agreement and related transactional documentation.

The Wolf Theiss Corporate/M&A team was led by Partner Ileana Glodeanu and included Flavius Florea (Counsel, Data Protection, IP & TMT), Associates Vlad Catană, Delia Ardei-Dan, Ramona Mosora and Laurenţiu Bolborici (all Corporate/M&A), Senior Associate Ioana Iacob (Employment), Partner Anca Jurcovan and Senior Associate Maria Popescu (both Antitrust & FDI).

Symfonia is a leading provider of ERP, payroll and human capital management software solutions for business in Poland. Serving more than 50,000 customers, the company offers business-critical software solutions and is at the forefront of the transition to cloud and AI-powered solutions. Since the completion of the carve-out from global ERP software provider Sage in March 2021, Symfonia together with Accel-KKR and MidEuropa embarked on a journey to consolidate the fragmented enterprise software market in Central Europe.

Accel-KKR is a technology-focused investment firm with USD 19 billion in cumulative capital commitments. The firm invests in software and technology-enabled businesses, providing a broad range of capital solutions across buyouts, growth investments and credit strategies.

MidEuropa is a leading European private equity investor with deep roots in Central Europe and a track record spanning over 25 years. Headquartered in London, with offices in Warsaw and Bucharest, MidEuropa identifies strong investment opportunities across the consumer, healthcare, services and technology sectors and supports their growth and international expansion. To date, MidEuropa has raised and managed funds of over €6.5 billion and completed 49 investments and more than 290 add-on acquisitions across 20 countries.

The transaction represents a further step in Symfonia’s expansion strategy in Romania and strengthens its presence in key vertical software markets.

“We are delighted to have completed yet another transaction in Romania and to continue our growth journey in a market that offers significant opportunities for innovation and digital transformation. Having trusted advisors who understand our business and transaction objectives is essential, and Wolf Theiss has once again proven to be an outstanding partner throughout this process.”

– Wioletta Kałoska, General Counsel, Symfonia

“The acquisition of Setrio Soft represents another important milestone in Symfonia’s growth journey in Romania. We continue to invest in high-quality software businesses that complement our portfolio and strengthen our ability to support customers with innovative, industry-focused solutions. Romania remains a strategic market for us, and we are excited to further expand our presence through such partnerships.”

– Bartlomiej W. Kulas, Head of M&A, Symfonia

“We are pleased to have once again supported Symfonia on the completion of another strategic acquisition in Romania. This transaction further underscores the continued attractiveness and maturity of the Romanian technology sector, while also reflecting the growing sophistication of M&A structures deployed by strategic investors and private equity-backed groups across the region. We are proud to be at the forefront of these transformative transaction and to contribute to the development of one of the most dynamic technology markets in Central Europe.”

– Ileana Glodeanu, Partner, Wolf Theiss