The M&A market in Bulgaria in 2015

Bulgarian financial advisory Synergy Group seeks buyers for four companies

Source: DealWatch

January 27, 2015 (08:22)

Jan 27, 2015 (DW) – Bulgarian financial advisory Synergy Group is seeking buyers for four local companies and has three buy-side mandates, its managing partner told DealWatch. [Read more…]

What needs to know the buyer in an M&A process?

From time to time an owner either comes to the point that it will be better to sell his business or he is approached by a trading partner who wants to buy his business. Read more 

How to do business with Turkey?

Interview with Mehmet Yazici, partner at Synergy Group,  for the Bulgarian magazine “Your Business”

Turkey, with a population of 76 million (1) has the youngest population compared with the EU (2). The geo-strategic position of Turkey with a location in the middle of Europe, the Middle East, Central Asia and the Black Sea, Turkey is naturally well-placed to be one of the vital trade centers in the world. [Read more…]

The Private Equity market in Bulgaria

Article by Kaloyan Kirilov for b2b Magazine

private equity market in bulgariaBulgaria is a small country and our market usually stays away from the light of the Private Equity funds. The whole industry is very new to Bulgaria and it started at the end of 90s of 20th century with the first players being ECM (fund supported by EBRD), Bulgarian-American Enterprise Fund and the Greek Global Finance. The industry picked up in the period of 2003-2009 when many new PE funds entered the Bulgarian market either through real transactions or by setting up operating offices in Bulgaria. The Bulgarian economy was growing and the companies needed additional capital and alternatives from the bank financing. During that period the average GDP growth of Bulgaria was 5-6% annually, the foreign direct investments reached 20-25% of the GDP and all investors were bullish on the economy. The PE Fund managers didn’t want to fall behind their direct competitors. These three trends were the main reason why the PE funds took the Bulgarian market seriously as a place for investments despite of the small consumer market and the comparatively small transactions which were taking place. As a result the following funds had offices in Bulgaria at that time:

  • Global Finance
  • GED
  • SigmaBleyzer
  • Bedminster Capital
  • BAF
  • SEAF
  • Bancroft
  • Equest
  • Middle Europe Investments
  • NBGI Private Equity [Read more…]

Synergy Group with new office in Turkey

Taking into consideration that Turkey is the country with the highest economy growth in Europe during the last years and very soon the biggest consumer market in Europe, Synergy Group decided to open an office in Istanbul at the end of 2012. This will allow us to offer to our clients the following additional services:

  • Finding investors and financing from Turkey
  • Supporting Bulgarian firms to start operations or to sell their products in Turkey
  • Acquiring Turkish companies or assets in Turkey
  • Market research about the Turkish companies and industries
  • Company intelligence of business partners from Turkey

The M&A market in Bulgaria Reached 1.24 Billion Euro

Article by Kaloian Kirilov in “B2B” magazine about the M&A market in Bulgaria

M&A Market in Bulgaria Reached 1.24 Billion Euro – B2B Magazine – M&A

The market for mergers and acquisitions in Bulgaria during the last 2-3 years is a result of the consequences of the global financial crisis. However, the market grew in 2012 and according to DealWatch reached 1.24 billion euros against 1.2 billion in 2011. There are many opportunities to acquire interesting companies at an attractive price as long as the investors are willing to invest a little more effort in restructuring and repositioning of the companies.

We can say with big certainty that there are several new trends: [Read more…]

Business opportunities in Turkey

Interview with Kaloian Kirilov at Bulgaria on Air TV about the Business opportunities in Turkey

Interview with Mr Kaloyan Kirilov for Bulgaria On Air TV

Are There Business Buyers in Bulgaria

Check out Kaloyan Kirilov’s comment about are there buyers of businesses in Bulgaria

Има ли купувачи на бизнес в България?

Synergy Group with new office in China

Taking into consideration the opportunities for investments and trading partnerships, which China offers lately, We have decided to open a new office in Beijing, China at the beginning of 2012. This will allow us to offer to our clients the following additional services:

  • Finding investors and financing from China
  • Supporting Bulgarian firms to start operations or to sell their products in China
  • Sourcing of machines and raw materials from China
  • Market research about the Chinese companies and industries
  • Company intelligence of business partners from China

How to sell a company

Interview with the founder of Synergy Group, Mr. Kaloian Kirilov, on how to sell a company