June 2023 – Kinstellar advised UKG Inc., one of the world’s leading HCM cloud companies, on the Bulgarian law aspects of its agreement to acquire Immedis, a global payroll provider.
The acquisition, subject to closing conditions, will utilise the strengths of both organisations to transform the traditionally fragmented global payroll model.
Тhe Kinstellar team in Sofia was led by Corporate & M&A lawyers Diana Dimova (Managing Partner) and Denitsa Kuzeva (Senior Associate), and included Georgi Kanev (Managing Associate, IP & IT, Data Privacy), Anita Borisova (Senior Associate, Employment), Yasen Toshev (Junior Associate, Corporate and M&A), Antonia Mavrova (Partner, Real Estate) and Simeon Vachev (Senior Associate, Real Estate).
William Fry acted as lead and Irish counsel and Simpson Thacher & Bartlett acted as US counsel.