Black Sea Fund I to acquire DigiRay.

Black Sea Fund I, a Bucharest-based investment fund focusing on investments in Romanian small and mid-size enterprises, agreed to acquire DigiRay, a company that owns a network of maxillofacial imaging and digital dental techniques. Financial terms were not disclosed. "We are delighted to have supported Black Sea Fund I on its successful investment in the Romanian healthcare sector during these challenging times. The project showcases our growing strength in private equity and healthcare and is evidence of the high-quality, wide-ranging and focused advice our firm can provide to its clients. We look forward to future similar projects, Romania has immense growth potential and we are excited to see what comes next."