Kinstellar has 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.
According to Kinstellar, "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 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 Managing Associate Nina Tsifudina and included Senior Associate Zornitsa Georgieva, Of Counsel Anton Petrov, and Associate Gabriela Ivanova.
Kinstellar did not reply to our inquiry on the matter.
