Tag: M&A

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 […]

Bulgaria M&A Brief Practical Notes 2

The value of a startup is in its people (the founder/s and the key employees), the product(s) or service(s) and the main income sources (e.g. material contracts with key customers). We live in times when entrepreneurs are celebrated and their successes widely recognized. Times when startup companies can accelerate (thanks to factors such as new […]

Bulgaria M&A Brief Practical Notes 1

Most will agree that doing M&A deals is a science and an art. It usually requires teamwork, discipline, determination and resilience to see through an acquisition or a divestment respectively. The successful closing of a M&A deal and the successful post-closing integration critically depend on (i) strong business rationale of the transaction; (ii) availability of […]

Hristov&Partners New Recognitions in the 2018 Chambers Global and Legal500 Rankings

We are very pleased of our firm’s new recognition and excellent client feedback for the quality work of our Partners Biliana Shagova, Aldin Shenkov and Pavel Hristov in the 2018 editions of the international legal directories The Legal 500 EMEA and Chambers Global. Our clients praise Biliana Shagova as ‘extremely diligent‘. Pavel Hristov is ‘client […]

GDPR implications on the global M&A process

A recent GDPR seminar attended by members of our team inspired us to share our thoughts on how the new European legislation on data protection would affect the M&A transactions. The GDPR implications on M&A deals would certainly go beyond the borders of the EU given the extraterritorial application of the Regulation. Privacy “by design” […]