IMAP Strengthens Foothold in CEE with new Partner in Romania

IMAP is pleased to announce BICF as its exclusive corporate finance partner for M&A activities in Romania further strengthening its foothold in CEE.

BICF is a boutique investment bank based in Bucharest founded and headed by Bogdan Illiescu, ex Managing Director of the Corporate Finance division of BRD - Groupe Société Générale and Alin Pop, ex Managing Director of Unicredit's Romania Investment Banking Division. Bodgan and Alin, together with their team have accumulated over 50 years of experience in capital markets, corporate finance, mergers and acquisitions, capital raising, and valuations.

Having successfully closed over 150 transactions, BICF advises primarily shareholders, senior management teams, boards and investors on M&A, market entry strategies, business planning, valuations, capital markets and business restructuring and development.

IMAP Chairman, Jurgis. V. Oniunas, commented: “IMAP already has a strong presence in the CEE region. By partnering with BICF, local experts in mid-market M&A, we are cementing our foothold in what has been an under-served yet increasingly attractive market. Strategic investors remain dominant players and we see potential for increased M&A activity working together with BICF to offer new opportunities to our clients.”

Managing Partner at BICF, Bogdan Illiescu, added: “BICF started six years ago as a company dedicated to Romanian entrepreneurs but shortly after, due to several successful cross border transactions, we became a preferred M&A advisor for international companies as well.  Now, joining an international reputable M&A organization will allow BICF not only to strengthen its access to international investors but also to improve the quality of its services, aiming to be the number one M&A advisor in Romania.”