Theta Furniture & More's CEO, Cătălin Rotaru, has acquired a 40% stake in the company

Theta Furniture & More, one of the main players in the interior design and fit-out market, is entering a new stage of development. The company's CEO, Cătălin Rotaru, has acquired a 40% stake in Theta, through a management buyout transaction aimed at strengthening the transformation and sustainable development of the business in the long term.

The transaction was carried out through Woodwire Partners, an investment vehicle set up by Cătălin Rotaru together with other investors. The shares were purchased from Florin Gheorghe, the founder of Theta, who thus completely exited the company, and from Gelu Florian, founding partner and technical craftsman of the company's construction.

Following this transaction, which also involved a capital injection to consolidate the company's activity, the new shareholding structure of Theta Furniture & More looks like this:

• Black Sea Fund I – 50%
• Woodwire Partners – 40%
• Gelu Florian – 10%

“This is a defining moment for Theta,” says Cătălin Rotaru, CEO of Theta Furniture & More. ”First of all, we are grateful to Florin for his absolutely essential contribution to the company's evolution – thanks to him, Theta is a name with resonance in the market.”