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Wolf Theiss Advises FactSet on Acquisition of BISAM Technologies

Wolf Theiss Advises FactSet on Acquisition of BISAM Technologies

Bulgaria
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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.

Bulgaria Knowledge Partner

Schoenherr is a leading full-service law firm providing local and international companies stellar advice that is straight to the point. With 15 offices and 4 country desks Schoenherr has a firm footprint in Central and Eastern Europe. Our lawyers are recognised leaders in their specialised areas and have a track record of getting deals done with a can-do, solution-oriented approach. Quality, flexibility, innovation and practical problem-solving in complex commercial mandates are at the core of our philosophy.

Firm's website: www.schoenherr.eu

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