Wolf Theiss has provided advised FactSet on CEE matters related to its acquisition of BISAM Technologies for USD 205 million from Aquiline Capital Partners. Factset was also represented by Cravath Swaine & Moore in the United States and K&L Gates in Western Europe. Willkie Farr & Gallagher represented the Sellers and BISAM.
Wolf Theiss provided Bulgarian legal and tax due diligence and transaction advice to FactSet — a global provider of integrated financial information and analytical applications — and continues to provide post-completion implementation support. The firm describes the deal as "a notable transaction in relation to Bulgaria as Bulgarian-founded FinAnalytica, which was acquired by BISAM in 2016, was one of the first Bulgarian-based technology companies to receive institutional venture capital funding." Wolf Theiss Partner Richard Clegg believes that, "this new acquisition by FactSet will provide further encouragement to the technology sector and venture capital environment in Bulgaria."
Clegg led the Wolf Theiss team, supported by Senior Associates Jasmina Uzova and Atanas Mihaylov and Associates Iva Georgieva and Nikoleta Ratcheva.