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German energy company expands its operations in Estonia
We advised the German energy group Danpower on the acquisition of a majority stake in the Estonian district heating company SW Energia. “Through this merger, our combined financial and development capabilities increase significantly, enabling us to realise our ambitious vision – to make carbon-neutral district heating the standard across Estonia,“ said Burkhard Vogel, CEO of […]
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Helping to shape the route to sustainable urban mobility
We advised SQM Lithium Ventures on leading the EUR-5.1-million funding round for the Estonian mobility company Vok Bikes. The funding will allow Vok Bikes to further expand across Europe and accelerate the shift away from vans in city centres. The funding round was joined by existing investors Metaplanet, Specialist VC, Sunly, and SmartCap – Estonia’s […]
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Gjensidige completes sale of its business in the Baltics to ERGO
We advised the Norwegian non-life insurance company Gjensidige Forsikring on completing the sale of its business in the Baltics to ERGO International AG, a company that manages ERGO’s international business portfolio. All conditions necessary for the completion of the transaction have been fulfilled according to schedule, such as the required regulatory approvals in Lithuania, Latvia […]
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A top-level adviser divested her stake in a public affairs advisory firm
We advised Kairi Uustulnd, a partner at Meta Advisory, on the sale of her shares in the company to Meta Advisory’s parent company, Rud Pedersen. Uustulnd will continue working with one key client and will remain a shareholder in the Rud Pedersen Group, but otherwise plans to reduce her workload. “We’ll see what the future […]
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Baltics’ largest private equity fund makes first investment in Estonia
We advised INVL Private Equity Fund II, the largest private equity fund in the Baltics and part of the Invalda INVL group, on their first ever private equity investment in Estonia. INVL signed an agreement to acquire a 75% stake in Eesti Keskkonnateenused (EKT), Estonia’s largest waste management group. Opening up more opportunities to implement […]