Privatisation People

Toomas Prangli

Toomas Prangli

Co-Managing Partner

Ph:

+372 6 400 966

Mob: +372 56 455 595
Fax: +372 6 400 901
E-mail: toomas.prangli@sorainen.com
Office: Estonia

Practice areas:

Mergers & Acquisitions, Private Equity, Privatisation, Real Estate, Corporate

Languages: Estonian, English, Russian
Experience

Toomas Prangli is co-managing partner of Sorainen and country managing partner of Sorainen Estonia. He is also one the heads of the Corporate and M&A Practice Group in Estonia, which includes the Corporate, Employment, Investment Incentives, M&A, Private Equity and Privatisation Practice Areas. Toomas has worked with Sorainen since 1998. He has headed the firm’s M&A and Private Equity Practice Areas for many years and played a key role in building up and developing the firm's internationally-acclaimed M&A Practice Area. Toomas is also responsible for the Sorainen Quality Management Team. During 2009-2010, he worked as the co-managing partner of Sorainen Belarus.

Toomas has been involved in a significant number of M&A cases, representing both sellers and buyers and rendering legal assistance in all M&A phases. He also has extensive experience as an advisor in private equity matters: leveraged buyouts, management buyouts and buy-ins, venture investments (seed, start-up and growth capital) as well as angel investments and interim financing. Toomas has advised global investment banks, private equity houses, infrastructure companies, financing institutions and other strategic investors. He has advised numerous energy, technology and real estate deals.

Toomas has advised local and foreign investors upon the privatisation of state or municipal property, businesses and other assets throughout the Baltics and Belarus. He has acted as a corporate counsel in a number of intra-group structuring efforts, share and asset transfers and devolutions, including mergers, divisions, spin-offs and restructurings.

In 2017, international Mergermarket database published a ranking of 2016’s most prolific individual CEE legal advisers, with Toomas Prangli topping the chart of CEE lawyers with 10 deals. 

Toomas is a recommended practitioner in many international publications, including:

  • The Legal 500 in corporate and M&A (“Toomas Prangli has ’great attention to detail and a client-focused approach, which creates a strong level of trust in his work’“);
  • Chambers Europe in corporate and commercial practice (“Clients praise Toomas Prangli's 'excellent eye for detail and strong commercial sense'.” „Toomas Prangli is widely recognised as a 'hands-on top M&A practitioner' who is 'always commercial and shows flexibility on finding the best solutions.' Clients state: 'He is trustworthy, hard-working, truly cares about the client’s business' and 'is very goal and results-oriented. ' His practice covers a range of private equity matters and he also advises on transactions involving the energy, real estate and technology sectors'.”);
  • Chambers Global praised him for his “ability to see the broader commercial process rather than just a niche legal issue” for corporate and commercial law;
  • IFLR 1000 ranks him as a leading lawyer for financial and corporate law. “We were 100% happy with the service,” says one senior in-house counsel. “Our partner in charge, Toomas Prangli, and his team are very professional and well-organised. They were co-operative, attentive to details and available 24 hours a day, if required. Plus, they charge reasonable fees and we had no problems with overcharging or incorrect or unfair invoices.”
  • European Legal Experts for corporate and finance;
  • Best Lawyers for corporate and M&A, investment, private equity, administrative, competition/antitrust, energy and natural resources law in Estonia.

Toomas is an active member of the Estonian Private Equity and Venture Capital Association.

Education

University of Tartu, Estonia (BA in Law, officially equivalent to MA)
Central European University, Budapest, Hungary (LLM in International Business Law)
American University Washington College of Law, USA (visiting scholar)
Vienna University of Technology, Austria (Executive MBA in M&A)

Membership

Estonian Bar Association
International Bar Association
Estonian Rollerskating Federation (president)
Estonian National Symphony Orchestra (member of supervisory board)

Publications

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