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02-04-2018 08:40
Chinese Investor Buys Bulgarian IT Company

DGKV comprehensively acted as the Bulgarian legal counsel of Thunder Software Technology Co., Ltd., China, on the EUR 31 million acquisition of the Bulgarian software development company MM Solutions. According to public data, this is the third biggest M&A deal in the Bulgarian IT sector in terms of deal value. On 1st December 2017 AchieveSky Europe SARL, a wholly owned subsidiary of Thunder Software Technology Co., Ltd., signed the Sale and Purchase Agreement with Texas Instruments Incorporated and four natural persons in their capacity of sellers. The target is engaged in the business of providing imaging and video services for mobile phones, e-Books and tablets.

In addition to conducting a comprehensive legal due diligence, DGKV was also responsible for the transaction structuring and generation of transaction documents. The law firm’s M&A team was led by Partner Violetta Kunze, assisted by Senior Associates Ralitsa Gougleva, Krassimir Stephanov, Rusalena Angelova, Kaloyan Krumov, Vlada Tsenova and Vladislav Antonov, and Associates Dimo Staykov, Nikola Minchev, Kamen Gogov and Tsvetelina Bayraktarova

Source: www.dgkv.com
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