Boyanov & Co. advises on the first university acquisition in Bulgaria
Boyanov & Co. advised Investor.BG (Investor Media Group) in the acquisition of majority stake in VUZF AD, the founder and owner of the University of Finance, Business and Entrepreneurship, based in Sofia, Bulgaria (www.vuzf.bg).
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 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 team of Boyanov & Co. comprised Mr. Borislav Boyanov, Mr. Boyko Voynov, and Mr. Nikolay Zisov, Partners.
Copyright picture: Bulgaria ON AIR