Rainbow Tours Expands With Acquisition of Paralela 45
Deal News | May 20, 2025 | Stratulat Albulescu
Stratulat Albulescu, renowned for its expertise in legal advisory, successfully facilitated a key acquisition strategy for Poland's Rainbow Tours, in which the latter acquired Romanian travel agency Paralela 45. Announced on May 15th, this acquisition forms part of Rainbow Tours' strategic initiative to diversify its service offerings and reinforce its market presence through integration of foreign expertise and capital. Founded in 1990, Rainbow Tours is a leading Polish travel operator listed on the Warsaw Stock Exchange, reporting a significant revenue increase of 23.5% to PLN 4.07 billion as of the end of 2024. Their diverse services include global tour packages and hospitality management with their White Olive hotel chain in Greece. Paralela 45, also established in 1990, holds a strong position in Romania's travel sector with a notable turnover of 70 million in 2024 and is recognized for its comprehensive travel services. The acquisition was steered by Silviu Stratulat, the Managing Partner of Stratulat Albulescu, alongside his experienced team, including Partner Andreea Serban and Senior Associate Amanda Csaki.
Sectors
- Travel and Tourism
- Legal Advisory
Geography
- Poland – Rainbow Tours is one of the largest travel companies in Poland, leading the acquisition.
- Romania – Paralela 45, the company being acquired, is a leading Romanian travel agency.
Industry
- Travel and Tourism – The article discusses a major acquisition within the travel and tourism industry, specifically involving major players in Poland and Romania.
- Legal Advisory – Stratulat Albulescu, the legal advisor mentioned in the article, provided expertise to facilitate the acquisition, highlighting the legal advisory industry's role in M&A transactions.
Financials
- PLN 4.07 billion – Rainbow Tours' reported consolidated revenue for the year ending December 31, 2024, reflecting a 23.5% increase over the previous year.
- 70 million – Paralela 45's turnover in 2024.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Rainbow Tours | Acquiring Company | Company | A leading Polish tour operator and owner of the White Olive hotel chain, involved in the strategic acquisition of Paralela 45. |
| Paralela 45 | Target Company | Company | A well-established Romanian travel agency and tour operator, subject to acquisition by Rainbow Tours. |
| Stratulat Albulescu | Legal Advisor | Company | Provided legal advisory services for the acquisition, represented by Managing Partner Silviu Stratulat. |
| Silviu Stratulat | Managing Partner | Person | Led the legal advisory team at Stratulat Albulescu for the acquisition. |
| Andreea Serban | Partner | Person | Part of the legal advisory team at Stratulat Albulescu. |
| Amanda Csaki | Senior Associate | Person | Part of the legal advisory team at Stratulat Albulescu. |
| Krzysztof Tataradziski | Internal Auditor | Person | Internal Auditor at Rainbow Group, involved in the acquisition process. |