Boyanov & Co. advised Investor.BG (Investor Media Group) in its acquisition of a majority stake in VUZF AD, the founder and owner of the Sofia-based University of Finance, Business and Entrepreneurship, from founder Grigorii Vazov.
According to Boyanov & Co., "Investor Media Group is one of the largest media groups in Bulgaria. Its portfolio includes the national television Bulgaria ON AIR, the business TV channel Bloomberg TV Bulgaria, over 15 various online media and websites, radio Bulgaria ON AIR, as well as the magazines Bulgaria ON AIR The Inflight Magazine, Investor Digest and others."
The firm reports that "the transaction is the first university acquisition in Bulgaria and establishes unique strategic partnership between the leading Bulgarian private university and one of the serious business media groups in Bulgaria. This landmark investment is part of the long-term strategy of Investor.BG to develop and support high-quality educational standards in Bulgaria. The transaction is a complex of corporate, financial, real estate, and education law elements."
The Boyanov & Co. team consisted of Managing Partner Borislav Boyanov, and Partners Boyko Voynov and Nikolay Zisov.