Well established in Romania for advice on complex cross-border M&A deals, as well as restructurings, Bancila, Diaconu si Asociatii SPRL acts for private equity firms, strategic investors, and entrepreneurial ventures. The team’s slate of work blends sell-side and buy-side representation. Leadership of the practice is shared by Radu Diaconu, who is accomplished in both transactional and corporate governance matters, and Stefan Mantea, who has strong experience in share purchase agreements and shareholders’ agreements. Adriana Istrate joined as a senior associate from Biris Goran SPARL in April 2025.
Legal 500 Editorial commentary
Testimonials
Collated independently by Legal 500 research team.
- I always find that I get thoughtful opinions and an openness to creative solutions when working with BDA.
- The people are thoughtful and personable. I don't feel I'm working with "hired hands" as much as working with great professionals who are looking to establish a long-term relationship.
- ‘We’ve worked with this team for a long time and truly value their legal and business expertise. They are real partners to us. With every project, they continue to confirm that we made the right choice.'
- 'We've worked with this team for a long time and truly value their legal and business expertise. They are real partners to us. With every project, they continue to confirm that we made the right choice. Strong sector knowledge. Always ready for legal changes impacting our firm.'
- ‘The team at Bancila Diaconu si Asociatii has become a highly reliable partner for us. Given our scale and the complexity of our operations, we require legal counsel that is not only expert but also practical and efficient. This team stands out for its ability to deliver high-level legal services that combine technical precision with a strong commercial orientation. Its lawyers demonstrate both deep subject-matter expertise and the capacity to provide pragmatic, business-driven solutions.’
- 'Stefan Mantea leads the team with professionalism and confidence. He is an excellent lawyer and a strong negotiator. He carefully negotiates details without losing sight of the overall picture. He knows how to keep his team focused and engaged even during the hard times of the deal. All our deals under his coordination were perfectly executed and closed.'
Key clients
- The founders of AB Systems SRL
- Inulta SRL
- Ebm-Papst Automotive & Drives Romania SRL
- The founders of Grafoprint SRL
- Gravita Netherlands B.V.
- Agrisol International R.O. S.R.L.
- DAAS Impex SRL and the Epta Refrigeration Group
- Vastint Romania SRL
- The Cupio group
- AutoWallis Group
- Freen Restaurant SRL
Work highlights
Advised the founders of AB Systems SRL on the sale of a majority stake to Smart ID Technology, backed by private equity fund SARMIS Capital.
Advised Inulta SRL on the strategic acquisition of FiLight, a Slovenian consultancy, as part of a broader corporate reorganisation and international expansion.
Advised Ebm-Papst on the Romanian legal aspects of the transfer of its Industrial Drive Technology (IDT) business unit to Siemens, a cross-border transaction involving multiple jurisdictions.
Lawyers
Next Generation Partners
Junior partners with significant recognition from clients and peers in the market and key roles on multiple matters.
Practice head
Radu Diaconu; Ștefan Mantea
Other key lawyers
Adriana Istrate