This marks Catalyst Romania's sixth exit, following previous sales including VectorWatch to FitBit and SmartBill to Visma.
Operating under the Inteligo Media umbrella, avocatnet.ro has become a key source of information for Romanian professionals.
Marius Ghenea, Managing Partner at Catalyst Romania, said: “ We are delighted to see avocatnet.ro now recognised as one of the country's most trusted portals, a leading hub for legislative and tax-related knowledge and we are certain the team will keep raising the bar, but for Catalyst Romania Fund I it is time for the exit, given the vintage of our initial VC fund, the first VC Fund for Romania, launched based on the JEREMIE initiative a dozen years ago.”
avocatnet.ro has grown from an advertising-based revenue model to a subscription-based platform for legislative and tax developments.
The platform also offers online courses, workshops, and practical guidance on topics such as GDPR and e-Factura.