Closing is not Simply Exchanging a Closing Memo and a Closing Binder
Dealmaking is a dance with a uniquely complex, dynamic and unrehearsed choreography. Numerous factors come into play. Ticking all the boxes, satisfying or waiving the conditions precedent (merger clearances, regulatory and third-party approvals, etc.), every step duly documented and catalogued in a closing memo and a closing binder, and ultimately celebrated at a stylish closing […]
Memorandum Easy Money
They say that the era of easy money is over. I. Yet, private credit is booming. Non-bank, non-financial institutions such as PE fund managers directly lend money to various borrowers including to other PE fund managers to provide leverage for their acquisitions. II. Record fundraising by local funds. The second funds of the pioneering VC […]
Hristov Partners Advised Renters.pl on the Acquisition of a Majority Interest in Flat Manager
We are very pleased to announce that our firm has advised Renters.pl, an Enterprise Investors portfolio company, on this strategic acquisition. Our team included partners Pavel Hristov, Dragomir Stefanov and Biliana Shagova. Congratulations to all parties for the completed investment in this high growth business. Warm thanks to our clients Enterprise Investors and Renters.pl and […]
Hristov Partners Contributed to Chambers’ Corporate Governance Global Guide
Delighted to have contributed the chapters on Bulgaria in the latest edition of Chambers and Partners Corporate Governance Global Practice Guide 2024, alongside some of the leading international corporate law firms. Our partners, Pavel Hristov and Dragomir Stefanov elaborate on key and current corporate governance issues, trends and developments. Virtually all Bulgarian companies compete in […]
Reverse Due Diligence of Deal Partners
Historically and statistically, most joint ventures and business combinations have short and difficult lives. Lawyers can assist with preparation and negotiation of best of class, workable and practical corporate and legal structures and agreements. But only the parties, the would-be partners, can make the combined business work and succeed. Some of the more experienced co-investors […]
Financial Fundamentals Matter and Lawyers Must Look Into Those
M&A lawyers job is demanding and rightly so. Currently the legal role/workstream in a deal unquestionably requires deep understanding of the relevant non-legal aspects and elements of the deal and the deal’s business rationale. Analysing the capital structure of the target and the various capital components, is an integral part of the legal due diligence. […]
Brief M&A Notes Entering 2024
How M&A lawyers add value to our clients deals? That’s our job and primary goal. Identify, quantify, reduce and mitigate the risks. Design and offer practical, workable solutions that would be accepted by both/all parties. Be quick about it. Every moment in a sale or acquisition process matters. But, always, in the process, some moments […]
The Firm Solidifies Its Chambers Global and The Legal 500 Rankings
Hristov & Partners has been again recognized and ranked among the leading, the best twelve, corporate and commercial law firms in Bulgaria for 2024. The independent researchers of both most prestigious international legal directories The Legal 500 and Chambers Global consistently rank our firm among the top dozen firms. Chambers Global 2024 says: “Hristov & […]
A Positive Outlook for Dealmaking in Bulgaria, Interview
Our partners Dragomir Stefanov and Pavel Hristov spoke with CEE Legal Matters on the current state of M&A activity and their expectations. Overall the deal market has been fairly hot in the recent months, including Bulgarian aspects of mega-, trans-Atlantic deals, regional and cross-border transactions. Unsurprisingly, the tech sector was particularly active. Some of the […]
Open Invitations to 1-to-1 Talks with our Partner Pavel Hristov
Our founding partner Pavel Hristov will be available to speak via one-to-one videocall with the first ten aspiring lawyers who reach out here to directly email him. ‘Just like last year, I can promise that I will be interested to learn about you, your experiences, goals and perspective’, says Pavel. Drop a line, if you […]