Djingov Gouginski Kyutchukov & Velichkov has advised Bianor Holding on its acquisition of Digital Lights and Prime Holding. Karastoyanov, Mitkov & Associates advised the seller of Digital Lights Dimitar Dimitrov. Shopova, Kolarova & Partners advised Prime Holding's sellers Noratex and minority shareholders.
Digital Lights is a software company specializing in building mobility, business, and cosmos software solutions.
Prime Holding is a technology company providing consultancy services in the field of software development.
According to DGKV, "the acquisition of the two software companies is part of Bianor’s growth strategy to consolidate other Bulgarian software businesses and diversify its existing portfolio. Digital Lights and Prime Holding are now united along with the other Bianor group companies under the Wiser Technology trade name."
Earlier this year, DGKV advised Bianor Holding on capital increase (as reported by CEE Legal Matters on April 23, 2024). In 2023, DGKV advised Bianor Holding on the acquisition of Itido Technologies and Databreathe (as reported by CEE Legal Matters on March 24, 2023).
The DGKV team included Partners Georgi Tzvetkov and Gergana Monovska and Senior Associate Silviya Apostolova.
The Karastoyanov, Mitkov & Associates team included Managing Partner Dimitar Karastoyanov and Partner Iva Angelova.
The Shopova, Kolarova & Partners team included Managing Partners Elena Shopova and Lora Kolarova and Associate Lawyer Ekaterina Churilova.
Editor's Note: After this article was published, PwC Legal informed CEE Legal Matters that it advised Bianor Holding as well. The firm's team included Director Angel Bangachev and Senior Manager Krassimir Stephanov.
