Cross-border M&A
Technology-enabled business services
Advised the shareholders of a fast-growing European business services company on its sale to a US strategic acquirer.
Sofia · Central and Eastern Europe
Independent M&Aand Fundraising AdviceAcross CEE
We advise business owners, shareholders and management teams on company sales, acquisitions and fundraising transactions.
- 20+years of M&A, private equity and venture experience
- 3senior advisers on every mandate, M&A, finance and legal
- 150+transactions throughout CEE
- Sofiabased, advising across Central and Eastern Europe
What we do
Senior-led advice from first conversation to completion
At Blackpeak, we advise business owners, shareholders and management teams on company sales, acquisitions and fundraising transactions. We prepare the business and investment case, identify suitable buyers or investors, support negotiations and manage the process from initial preparation through completion.
Sell-side M&A
Advising shareholders through the sale of their business, from preparation and valuation to negotiation and completion.
Learn moreBuy-side M&A
Supporting companies and investors pursuing acquisitions that advance their strategic objectives.
Learn moreFundraising
Raising equity capital from institutional, strategic and private investors, from investment case to closing.
Learn moreTransaction readiness
Preparing the financial presentation, transaction story and process before the business goes to market.
Learn moreSelected experience
Transactions we have led
Growth financing
Healthcare technology
Advised a European healthcare technology company on a multi-million-euro financing backed by institutional and strategic investors.
Capital market readiness
Digital media and entertainment
Conducted a comprehensive company review and readiness programme for a growing digital media business preparing for the public capital markets.
How we work
Four stages, one team throughout
The same senior advisers who scope the mandate run the process and sit at the table for the closing.
- 01
Prepare
We develop a clear understanding of the business, its financial performance, its strategic position and the objectives of its shareholders.
- 02
Position
We build a credible and compelling transaction narrative supported by robust analysis and well-prepared materials.
- 03
Execute
We manage the process, coordinate counterparties and advisers, and maintain competitive tension and momentum.
- 04
Complete
We support our clients through due diligence, negotiation and the final steps required to reach a successful closing.
Sectors we follow
Where our recent work and writing concentrate
- Gaming and betting
- Technology and software
- Healthcare technology
- Business services
- Media and entertainment
- Logistics
Publications
Recent insights
Lottomatica and Cirsa: Scale at Six Times EBITDA, Paid in Paper
On 2 September Lottomatica and Cirsa announced an all-share merger. Cirsa shareholders receive 0.668 new Lottomatica shares per Cirsa share, valuing Cirsa's equity at about EUR 2.8 billion, an enterprise value of roughly six times expected 2026 EBITDA.
Continue readingThe Valuation Gap Kills More CEE Deals Than a Lack of Buyers
Dealsuite's CEE M&A Monitor for the first half of 2026 came out earlier this month. It surveys 107 advisers on companies with revenue between EUR 1 million and EUR 50 million, which is where most owner-managed companies in the region sit.
Continue readingBulgaria Keeps Its Gambling Rules Stable, For Now
In July the Bulgarian parliament's budget committee rejected opposition proposals for a near-doubling of operator fees and a blanket ban on gambling advertising. Only minor changes to niche taxes went through.
Continue readingContact
Start a confidential conversation
Whether you are preparing to sell a business, evaluating an acquisition or seeking growth capital, an early conversation can help clarify the available options.
- A senior adviser replies personally, usually within one business day.
- Everything you share is treated in confidence. An NDA is available on request.
- Based in Sofia, working across Central and Eastern Europe.
- Prefer a direct message? Find us on LinkedIn.