We assisted Bitė Group, controlled by international asset management company Providence Equity Partners, as Lithuanian, Latvian and Estonian law counsel in a refinancing transaction. Total disclosed value of the transaction is EUR 700 million. Largest bond issue by a private Baltic company to date The transaction covers two parts: A bond issue by PLT VII […]
We are advising Boku, a leading global mobile payment and mobile identity company, in the acquisition of Estonian fintech Fortumo. Boku has conditionally agreed to acquire the entire issued and to-be-issued share capital of Fortumo Holdings and its subsidiaries for a maximum consideration of USD 45 million. Significant step to cement the lead in mobile […]
We represented Tallinna Linnatranspordi Aktsiaselts (TLT), a company fully owned by the City of Tallinn, in a procurement to purchase compressed gas for TLT’s natural gas-powered buses. The buses are due to arrive late in the summer of 2020 and the supply of gas will last for the next 10 years. The procurement also included […]
We assisted Autolux in acquiring the shares in aktsiaselts APR-Rent, a previous Hertz franchise operator in Estonia. Since 1 January 2019 Autolux became the exclusive Hertz franchise operator in the Baltic states and took over the operations and administration of the Hertz franchise in Estonia. APR-Rent as the previous Hertz franchise operator in Estonia acted […]
Sorainen together with Swedish law firm Wistrand, advised the leading European underwear brand for women, Miss Mary of Sweden on establishing partnership with Scope, a Nordic growth equity fund. “Miss Mary has been privately held by entrepreneurs since inception and for the past 30 years owned by Peter af Burén. Partnering with Scope allows us […]
