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FinanceCLA Global adds two Bulgarian firms, to form CLA Bulgaria
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CLA Global, an international association of independent accounting and advisory firms, has expanded its network by adding two Bulgarian companies, Simbula and Existra. Both firms will gradually rebrand as CLA Bulgaria, operating from two offices in Sofia with over 40 professionals and six partners. The new entity will offer audit, advisory, tax, legal, and outsourcing services across multiple sectors including agriculture, energy, fintech, government, and technology. CLA Global CEO Paul English welcomed the firms, citing their 15-year presence in Bulgaria and shared commitment to quality and client relationships. Managing partner Milena Rangelova noted that joining CLA Global aligns with the firm's development goals and provides international reach while maintaining independence and collaborative values.
Source report
Ellichipuram Umesh International Accounting Bulletin Wed, July 22, 2026 at 6:52 AM PDT 2 min read
CLA Global, an international association of independent accounting and advisory companies, has added Bulgarian firms Simbula and Existra to its network.
Both practices will gradually adopt the CLA Global branding in the coming months and operate under the name CLA Bulgaria.
Leadership Comments
CLA Global CEO Paul English said:
"We are delighted to welcome both firms to CLA Global. With over 15 years in the Bulgarian market and a full-service offering across audit, advisory, tax and outsourcing, the firms bring real depth to our network.
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"They share our commitment to quality, independence and long-term client relationships, making them a genuine fit. We look forward to working with them to support clients with cross-border needs and growing the network together."
CLA Bulgaria at a Glance
Once the transition is complete, CLA Bulgaria will feature:
- Team: More than 40 professionals and six partner-level leaders
- Offices: Two locations in Sofia
- Services: Audit, advisory, tax, legal, and outsourcing
Sector Coverage
The company will serve clients across a wide range of industries, including:
- Agriculture
- Consumer products
- Education
- Energy and natural resources
- Financial services
- Fintech
- Government and the wider public sector
- Manufacturing and distribution
- Media and entertainment
- Not-for-profit (charities)
- Professional services
- Real estate and construction
- Retail
- Technology
Managing Partner Perspective
CLA Bulgaria Managing Partner Milena Rangelova said:
"Joining CLA Global is a natural step in our firm's development. We were looking for a network that combines international reach with a strong commitment to quality, independence and long-term relationships.
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"CLA Global attracted us with its collaborative culture and the opportunity to work alongside professionals who share our values. We look forward to exchanging knowledge, supporting clients with international needs and contributing to the continued growth of the network."
"CLA Global adds two Bulgarian companies to network" was originally created and published by International Accounting Bulletin, a GlobalData owned brand.
Source
Yahoo FinanceNeutral / independent
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CLA Global adds two Bulgarian companies to network