March 23, 2022

DPC advised Beetroot on buying the business of South Gate Tech

Dimitrov, Petrov & Co. (DPC) advised the entry of the Swedish software company Beetroot in the Bulgarian market through the acquisition of the business of the Bulgarian tech company South Gate Tech.

Our advice to the client included structuring of the deal aiming to transfer South Gate Tech’s main assets to the newly incorporated Beetroot Bulgaria. Assistance was provided with regard to the transfer of seller’s employees to the new legal entity, preparation of employment and management agreements and introducing of a bonus scheme.

DPC team consisted of partner Hristo Nihrizov and associates Polya Dimitrova and Christian Ivanov.

Hristo Nihrizov
Managing Partner

Working his way from a summer trainee to a partner at DPC, Hristo Nihrizov has taken part in some of the most groundbreaking projects in the sectors of telecommunications and banking & finance implemented in the region over the last 15 years.

Polya Dimitrova
Associate

Polya is a talented young practitioner, highly valued by both clients and colleagues for her knowledge, commitment, and amiable disposition.

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