Recognitions

‘Hristov Partners assists multinational clients with the structuring of Bulgarian subsidiaries. The team offers experience in cross-border acquisitions and exits. It assists clients from a variety of sectors, including automotive, technology and FMCG’, Chambers Global, 2023

‘With ‘deep knowledge and understanding, Hristov & Partners regularly collaborates with top-tier international law firms to advise on the Bulgarian law aspects of cross-border transactions. The team is led by ‘top professional’ and founding partner Pavel Hristov, who focuses on M&A deals, joint ventures, as well as general corporate matters’, The Legal 500 EMEA, 2022

‘Very quick to respond to the client’s requests. Highly efficient, personalised service which stands head and shoulders above other firms in the country.’

‘The whole team are very responsive. They explain legal context and always seek to provide commercially appropriate advice.’

‘The team’s real strength lies in being reliable, responsive and providing business friendly advice.’ The Legal 500 EMEA, 2022

We are recognized and ranked by the leading international legal directories: The Legal 500, Chambers & Partners and IFLR 1000.

A compact but talented team at Hristov & Partners works alongside a growing network of elite international firms requiring Bulgarian advice, ensuring a pipeline of cross-border transactions for the firm. Name partner and head of practice Pavel Hristov has built a rare offering in the market in this corporate and EU boutique, attracting an expanding client base of significant domestic and international companies. Support is provided by experienced corporate partner Biliana Shagova, and a trio of associates.” The Legal 500 EMEA, 2021

They provide quick responses, clear and simple solutions, ask the right questions to optimise the outcome needed, and give proactive suggestions due to their understanding of our business model.” The Legal 500 EMEA, 2021
 
Active corporate and commercial practice with noted strength in international transactions. Increasingly active in restructuring mandates. Acts alongside international firms to provide local advice on cross-border matters. Assists clients from a variety of sectors including automotive, technology and FMCG with their Bulgarian operations.Chambers Global, 2021

We are very happy with the support we received. They are straight-forward and very clear.IFLR1000, 2020 The team is praised by observers for its impressive client care and tailored solutions. CHAMBERS & PARTNERS EUROPE, 2020 “Active corporate and commercial practice with a noted strength in cross-border M&A and corporate governance. Also offers day-to-day advice. Regularly acts alongside international firms to provide local advice on cross-border matters.” Chambers Global, 2020 “Hristov & Partners works in conjunction with major international law firms to advise clients on entry into and exit from the Bulgarian market, corporate reorganisations… EU and competition law is a particular strength of the firm, which bolsters its M&A work…” The Legal 500 EMEA, 2020 Pavel Hristov is a well-known lawyer recognised for his expertise in corporate mandates. He also focuses on transactions and market entry matters. “He listens carefully, he thinks and then he comes up with a solution.” CHAMBERS GLOBAL, 2020

‘Hristov & Partners has multiple international clients, as well as panel appointments for [multinational] companies, and advises on multi-jurisdictional, high-value and sensitive matters.’ Legal500 EMEA, 2019

“Pavel Hristov is praised by market sources, who characterise him as a “thinking and pragmatic” individual. He has a strong reputation for his transactional experience, frequently advising foreign investors on market entry acquisitions.”Chambers Global 2019

“Hristov & Partners has a reliable corporate practice.” IFLR1000, 2019

‘Pavel Hristov of Hristov & Partners is well respected among market commentators for his presence in important competition law matters. He advises major domestic corporates on a broad range of non-contentious mandates, including merger clearance and compliance.’ Chambers & Partners Europe, 2019

“Hristov & Partners’ ‘extremely diligent and patient’ team advised Spadel on its €120m acquisition of Devin and assisted G4S with divesting its Bulgarian operations to VIP Security Group. Aldin Shenkov is a key name for transactions involving the Turkish market. Practice head Pavel Hristov and Biliana Shagova, who was recently promoted to the partnership, are other key names.” – LEGAL 500 EMEA, 2018

“Growing presence in the Bulgarian market, offering notable experience across corporate transactions, multi-jurisdictional restructuring mandates and day-to-day commercial issues. Assists clients from sectors such as finance, technology and food and drink with their Bulgarian operations. Regularly acts alongside international firms to provide local advice on cross-border matters.” – CHAMBERS & PARTNERS EUROPE, 2018

“We are very satisfied with the professional services, provided by Hristov & Partners. Extremely responsible, diligent, accurate and paying attention to the smallest detail. All deadlines were respected. No weaknesses.” – IFLR1000, 2018 “Fantastic responsiveness, excellent knowledge, pragmatic, efficient, cost conscious.” – IFLR1000, 2018 “Very serious professional with in-depth knowledge in PE transactions, accountable, responsible and demanding to its own work.” – IFLR1000, 2018 “High quality of work performed, pragmatic advice, highest degree of responsiveness ever experienced and business oriented.”- IFLR1000, 2018

Pavel Hristov heads the corporate and commercial practice at HRISTOV & PARTNERS, and ascends the rankings following comments that he is “super responsive and reliable.” Specialising in both M&A and competition law matters, he is also commended for his “very good language skills and international mindset.” – Chambers & Partners Global 2017 Pavel Hristov of HRISTOV & PARTNERS is best known for his work on Bulgarian merger control aspects of often cross-border transactions. He also assists with the review of service and partnership agreements. Clients admire his ability to “explain complicated legal matters in simple and understandable language.” He assisted ALD Automotive with obtaining merger control clearance for its acquisition of MKB Autopark. – Chambers & Partners Europe 2017 Pavel Hristov heads the corporate and commercial practice at HRISTOV & PARTNERS, and ascends the rankings following comments that he is “super responsive and reliable.” Specialising in both M&A and competition law matters, he is also commended for his “very good language skills and international mindset.” – Chambers & Partners Europe 2017 Hristov & Partners’ name partner Pavel Hristov has ‘great knowledge of corporate law’. He worked as local counsel alongside Hegymegi-Barakonyi és Társa Baker & McKenzie to advise ALD Automotive Hungary, part of Société Générale Group, on acquiring the fleet management and leasing business of MKB Autopark. – Legal 500 EMEA 2017 A corporate client who the team advised on banking and M&A says: “Great attitude and deep commercial understanding. It is a pleasure to communicate and do business with Hristov & Partners.” A restructuring client says: “Hristov & Partners have always impressed me with their attitude toward their clients and their strict commitments to deadlines. Also the way they communicate complicated legal matters to us is quite understandable which makes my job much easier. The service provided by Hristov & Partners is at a very high level and especially their responsiveness and business understanding. They are also quite flexible when it comes to billing practices.” – IFLR 1000 2017 Pavel Hristov is picked out specifically: “Easily accessible despite heavy workload, smooth communicator, commercially savvy.” – IFLR 1000 2017 Deal highlights from the research period focused on corporate and M&A work including advising ALD Automotive on the acquisition of MKB Euroleasing and MKB Autopark; work for Citrix Systems on a restructuring exercise following its integration of its Bulgarian entity; and work for Bio Future on the acquisition of the Bulgarian pellet business of Pellewood. – IFLR 1000 2017

The ‘superb’ Hristov & Partners ‘understands the needs of multinationals and the drivers of a transaction’. It acted as sole local counsel to Citrix Systems on its acquisition of Boston and Sofia-based virtual storage company Sanbolic. Name partner Pavel Hristov is ‘a corporate lawyer of the highest standard’, and ‘never misses a deadline’. – Legal 500 EMEA (2016) Pavel Hristov of HRISTOV & PARTNERS combines corporate and competition expertise to act on a number of merger filing cases, often on a cross-border level. This recently included assisting Citrix Systems with the acquisition of Sanbolic, including the target’s major software development centre in Bulgaria, acting on the competition compliance aspects of the transaction. His practice also extends to cartel and abuse of dominance investigations. Clients describe Pavel Hristov of HRISTOV & PARTNERS as “extremely prompt and thorough,” adding: “He explains all complexities in a case very comprehensively.” He frequently acts for foreign investors and multinational clients on market entry acquisitions, particularly in the energy sector. – Chambers & Partners Europe (2016) Clients describe Pavel Hristov of HRISTOV & PARTNERS as “extremely prompt and thorough,” adding: “He explains all complexities in a case very comprehensively.” He frequently acts for foreign investors and multinational clients on market entry acquisitions, particularly in the energy sector. – Chambers & Partners Global (2016) The firm focuses on corporate M&A transactions, as well as competition and anti-trust. One competition client says that: “Hristov&Partners has always provided professional services, quickly getting to the core of the problem and providing a good solution. I like their dedication and speed.” Key transactions include Hristov’s work for Nasdaq listed Citrix Systems on the acquisition of software company Sanbolic. Working alongside Hogan Lovells, the team also advised SunEdison on its acquisition of 50% of Silver Ridge Power’s power portfolio, including existing and future photovoltaic projects for $165 million. – IFLR1000 (2016)

Hristov & Partners advised SunEdison on merger control rules and potential competition and state aid issues in Bulgaria and assisted Bright Marketing Research with competition matters in relation to a long-term outsourcing contract. Pavel Hristov heads the practice. – Legal 500 EMEA (2015) Hristov & Partners, which has ‘deep industry and market knowledge’, acted for SunEdison on the acquisition of a 50% indirect interest in a group of companies operating and developing photovoltaic energy projects. Clients include Bombardier Transportation UK, Indra Sistemas and Bridgestone Bulgaria. Team head Pavel Hristov is ‘an outstanding, commercially minded lawyer with excellent understanding of business goals and corporate culture’. – The Legal500 EMEA 2015 Clients praise Pavel Hristov of HRISTOV & PARTNERS for his expertise and experience in competition matters, and for “providing advice and innovative ideas on business strategy.” He recently acted for Bridgestone Bulgaria on the competition aspects of its strategic alliance with a tyre industry competitor.  – Chambers & Partners Europe (2015) Pavel Hristov of HRISTOV & PARTNERS recently advised multinational defence, communication and transport technology company Indra Sistemas on its participation in two EU-funded integrated transport projects in Bulgaria. Clients widely praise his work, with one saying: “I can count upon his legal advice 24/7. He understands the local business environment, corporate requirements and policies perfectly.” – Chambers & Partners Europe (2015)

Hristov & Partners focuses on corporate, EPC and competition above all. One client who worked with Hristov on a successful bid, negotiations and contractual advice says: “Him and his team are very reliable and hard-working, he works 24-7 and I can reach him at anytime…” “I can only give very positive feedback”, says another, “mainly because I like their understanding of how international corporations work; they can speak my language in terms of things like compliance regulations”. The client recommends the firm for being “straight-forward” and “commercially astute”. – IFLR 1000 EMEA, 2014 Pavel Hristov remains popular with clients, who highlight his impressive work ethic and commercial awareness. “He understands my business, as well as my tax and commercial issues”, reported one source. Pavel Hristov is admired by peers and clients alike for his precision and availability. “We are very impressed with his work and follow his development”, comments one observer. – Chambers & Partners Europe, 2014 “With excellent business acumen” Hristov & Partners advised Bombardier Transportation on public procurement and transactional matters, and advised Bright Marketing Research on an international outsourcing contract. Pavel Hristov is “very professional” and provides “an excellent service to international standards”. Key matters for the team at Hristov & Partners include advising Bombardier Transportation on merger control and competition issues. Clients include Bridgestone Bulgaria and Bright Marketing Research. The “truly brilliant” Pavel Hristov is “an excellent strategist”.  – The Legal 500 EMEA, 2014 “… clients highlight his impressive work ethic and commercial awareness” and “admired by peers and clients alike for his precision and availability” … “understands my business as well as my commercial issues”. – Chambers & Partners Europe, 2014