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Kinstellar advises Silversmith Capital Partners on the Bulgarian law aspects of the strategic acquisition of award-winning Botron Software

June 2020 – Kinstellar has successfully advised Silversmith Capital Partners, a Boston-based growth equity firm, on Appfire’s acquisition of Botron Software, a Bulgaria-based provider of tools that enable enterprise-level change and configuration management within the Jira software platform.

The deal is part of a recent USD 49 million strategic investment by Silversmith into Appfire, a global authority in the Atlassian software ecosystem. Botron Software’s set of powerful apps will help Appfire fulfil their vision of enabling enterprises to drive digital transformation. Botron’s entire award-winning 32-person team will continue to work out of the company’s headquarters in Sofia and will focus on bringing new features and apps to market faster.

Kinstellar’s team in Sofia was led by Nina Tsifudina (Managing Associate) and included Zornitsa Georgieva (Senior Associate), Anton Petrov (Of Counsel) and Gabriela Ivanova (Associate).

For more information, please contact Nina Tsifudina at

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