New chapter for KPMG ITS & KDN

July 2025

In July 2025, KPMG IT Service in Bulgaria marked a significant milestone with the establishment of a new entity within the KPMG network.

Originally founded in 2015 following the acquisition of the startup cloudpartner.de by KPMG IT Service GmbH, KPMG IT Service OOD has expanded considerably, increasing its headcount more than fortyfold to over 600 employees in its 10th year. The growing demand for IT advisory services, particularly in AI, ServiceNow, and Data & Analytics, has accelerated organizational growth and opened new opportunities.

In line with KPMG’s Collective Strategy, the IT advisory business - comprising more than 400 employees - has been carved out into a newly formed company, KPMG Delivery Network Bulgaria LLC, dedicated to providing technology consulting services to KPMG member firms and their global clients. Svetoslav Spasov, Managing Director of KPMG ITS since 2017, will lead the new entity.

With a team of more than 200 skilled professionals, KPMG IT Service remains dedicated to driving KPMG Germany’s digital agenda forward. Trusted over the past 10 years with R&D and operations services for KPMG Germany and its clients, the KPMG IT Service organization will be led by Borislav Peev, who has served as the second Managing Director since 2022.

This evolution marks a decisive step in supporting KPMG’s global growth ambitions while reinforcing Bulgaria’s role as a strategic hub for technology and advisory excellence.