Atanas Bangachev > CMS > Sofia, Bulgaria > Lawyer Profile

CMS
14 Tsar Osvoboditel Blvd.
1000 SOFIA
Bulgaria

Work Department

Corporate

Position

Head of Corporate

Career

Atanas Bangachev is a Partner and Head of the Corporate practice group at CMS Sofia. He is a Bulgarian-qualified lawyer specialising in corporate, contract and privatisation law. Atanas is representing clients from a broad spectrum of industries, such as: media & telecoms, automotive, banking and finance, healthcare and lifesciences, energy, retail, consumer products, private equity clients, etc.

Atanas is one of the leading and best-known legal professionals in M&A and Private Equity in the country. Prior to joining CMS, he served as Executive Director of the Privatisation Agency of the Republic of Bulgaria and was involved in a number of the largest privatisation deals in Bulgaria, including the privatisation of various major energy and telecomunication companies. He has an extensive track record and is very familiar with the current issues on the market. 

Atanas has led some of the most complex M&A deals, as well as exits in the country during the past 15 years. He is a regionally renowned corporate expert who often coordinates large projects out of Sofia or serves as a first point of contact for CMS practice leaders in regional mandates. His corporate experience, commercial and sector knowledge makes him an indispensable leader and coordinator of cross-border as well as local mandates.

Languages

English, Russian, Bulgarian

Memberships

Sofia Bar Association

Education

Sofia University “St. Kliment Ohridski”

Lawyer Rankings

Bulgaria > TMT

The TMT practice at CMS draws on the strength of its corporate and commercial expertise to advise on M&A deals in the sector, draft general terms and conditions for media, tech and telecoms companies, and provide ongoing consultancy on regulatory compliance for major companies. The team has expertise in IT and outsourcing law, data protection and privacy regulation, and IP law. Atanas Bangachev, Gentscho Pavlov and Veliko Savov (who has previously worked at a telecoms company) jointly lead the team. The arrival of Anna Tanova has bolstered the firm’s experience – an expert in IT and media law, she is also the executive director of the Association of Bulgarian Broadcasters.

Bulgaria > Real estate and construction

CMS advises clients on both the buyer’s and the seller’s sides in transactions related to the sale of property portfolios including agricultural land – covering all aspects of the transactions including financing, tax, and share purchase and shareholders’ agreements. The team also advise on leasing arrangements, having drafted agreements for Tesla, GTC and Saris Property Ltd. The team is jointly led by Jenia Dimitrova and Antonia Kehayova, who specialise in contracts and transactions respectively. Atanas Bangachev, co-head of the corporate and commercial practice, and Dimitar Zwiatkow, co-head of banking and finance, also provide their expertise to the real estate and construction practice.

Bulgaria > Commercial, corporate and M&A

(Leading individuals)

Atanas BangachevCMS

The ‘exceptionally business-oriented’ team at CMS is well placed to advise on cross-border mergers and acquisitions, as well as handling compliance, regulation and corporate governance for clients active within Bulgaria and the wider CEE region. The team is experienced in assisting foreign companies with entering and exiting the Bulgarian market, having advised on Hungarian bank OTP’s purchase of Société Générale’s Bulgarian subsidiaries in 2019. IBM and Cargill are among its other clients. The practice is jointly led by litigation specialist Assen Georgiev, Gentscho PavlovDimitar Zwiatkow and Atanas Bangachev. Counsel Nevena Radlova advises on suppliers’ and distribution contracts, as well as the competition aspects of merger clearance.