A leading M&A advisory in Bulgaria, providing expert advice, innovative solutions and outstanding execution

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Impartial market-based advice for Corporations, Institutions and Mid-Size Businesses

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Local Market


Insight, analysis and advice on how to enter and position in Bulgaria

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Large Corporations

We have global expertise and singular focus. We work with various companies, each with their own challenges and opportunities.

PNL can help large corporations and institutions expand value through capital access and deployment, M&A, local insights and strategic advice.

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Mid-Size Businesses

Many businesses have their sights on growth. But reaching the next level requires the right tools, capital and expertise.

PNL's team has expertise in industries as varied as the businesses we work with. To help businesses grow, we dedicate a team tailored to their specific needs.

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Entering new markets can be risky. We have advised a number of multinational companies on doing business in Bulgaria.

Our consultants have experience on the ground that has taken us to a number of industries, which help us advise on the best model for market entry.

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PNL is an independent investment banking and advisory firm based in Sofia, Bulgaria. We provide merger and acquisition (M&A) advisory, financing solutions, valuations, market entry and strategic advisory services to institutions, corporations, mid-size businesses and multinational companies.

We are independent advisers with entrepreneurial orientation. We have a real knowledge of local markets and the experience necessary to advise on a variety of projects. We know the risks, opportunities, strengths and weaknesses, the key players and institutional arrangements. We know how to negotiate, buy and sell in them, and we have the logistical support and personnel to consult on any business project in Bulgaria.

We strive to understand and appreciate individual issues and bind them together to provide practical solutions. We view our clients and they view us as strategic partners rather than on a pure transactional basis.

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General Brochure

Our company and services

M&A Capabilities

Our transaction advisory offering

Our Philosophy & Team

The way we do business

Local Market Entry

Our offering for multinational companies