M&A
Posts
Due Diligence as a SWOT Analysis
Plenty has been said of the importance of the due diligence. You may have heard the expression ‘to buy a cat in a sack’. Every buyer in a sales contract has the duty to inspect diligently the product purchased for hidden defects or non-conformity. That being said, the main objectives include: identify the risks for […]
Dealing with Private Equity Interest
What do you do when a private equity fund comes knocking on your door? Ask you out for a dinner to talk about your business? It does not happen very often in Bulgaria. Only a few global and regional PE funds are actively looking into opportunities. So, yeah, go meet them. Talk. They would have […]
Hristov Partners Place Among the Top Corporate Law Firms in Bulgaria Reconfirmed
Very pleased to announce that the two leading international legal directories recognised repeatedly our firm in their new, 2025, editions. Both The legal 500 and Chambers Global and Europe confirmed our previous rankings among the best dozen corporate, M&A and commercial practices in Bulgaria. Our clients’ feedback has been fenomenal – ‘we are grateful to […]
M&A in Bulgaria 2025 Outlook
Our partners Pavel Hristov and Dragomir Stefanov discussed their views and projections in an interview for CEE Legal Matters. ‘As always, the most attractive targets will be those that have global or international and scalable business models, the best of class products or services and exceptional teams, have credible growth perspectives, and have won a […]
AIOPSGROUP and valantic Combination – an Interview for CEE Legal Matters
The regional legal publication CEE Legal Matters interviewed our partner Pavel Hristov on the valantic/AIOPSGROUP deal. Our firm acted for the founders of AIOPSGROUP and coordinated legal advice of leading law firms in Germany and Serbia. ‘Hristov & Partners have done an amazing job! It’s not every day you find individuals or firms that go […]
Chambers Global Legal Rankings Confirm Our Firm’s Recognition
The Chambers Global 2023 rankings again included Hristov & Partners among the leading 12 corporate and commercial law firms in Bulgaria. The number of the ranked firms this year (12) is down from 14 in the last year’s ranking. ‘We are grateful for this high recognition from the Chambers’ independent researchers, based on positive feedback […]
The next most valuable asset in M&A
You will hardly be surprised: people. High-growth companies will be challenged to justify record high valuations based on revenue growth only, they must firmly stand on the path of sustainable profitability. Hence, people (founders, executives, top and mid-level management and key employees), with their often unique skillsets, expertise, experience and reputation, will be instrumental to […]
M&A Due Diligence Management Presentations
Another very important aspect in a M&A process. Top management (nowadays very often includes the founder/s of the target company, the masterminds behind the successful business venture) may sell the company (at a premium) or deter potential investors. Generally, management presentations to investors and their advisers will be considered disclosures (disclosed facts) against the representations […]
Bulgaria M&A Brief Practical Notes 5
M&A lawyers play a role in the deal-making process. A critical part of that role is to facilitate the closing of the transaction. That’s why when selecting their M&A advisers clients would often look into the respective lawyer’s closing track-record, and try identify who the best closers are among the shortlisted lawyers. The path to […]
Bulgaria M&A Brief Practical Notes 4
What to consider in a tech acquisition due diligence in Bulgaria? Products and IPRs In Bulgaria copyrights in software developed by company’s employees belong to the company-employer, if created within the employment relationship and absent agreement with the employee to the contrary. Similar rules apply to inventions, but the company has a 3-month period upon […]