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Invalda INVL completes the acquisition of Mandatum Life’s Baltic insurance business
We assisted asset management group Invalda INVL in completing the acquisition of Mandatum Life’s Baltic insurance business. Mandatum Life is one of Finland’s largest life insurance companies, which also operates in the Baltics through branch operations across Lithuania, Latvia, and Estonia. INVL will now be able to offer both existing and new clients additional tailored […]
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Renta Group has acquired Uprent Group
Acting as local counsel for the Baltics, we have been advising IK Partners and Renta Group on its acquisition of Uprent Group. About Renta Renta is a full-service machinery and equipment rental company, which prior to the acquisition had operations in Finland, Sweden, Norway, Denmark and Poland, with over 100 depots and more than 1,000 […]
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Tuum raises EUR 15 million
We advised Portage Ventures, leader of the investment round joined by existing investors Blackfin Capital Partners and Karma Ventures, on a EUR 15 million investment into Tuum, a Tallinn-based fintech. Strengthening EU and UK presence The round will enable the core banking technology provider – formerly known as Modularbank – to continue investing in product […]
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Gjensidige acquires Falck’s roadside assistance
We are advising Gjensidige on acquiring 100% of the shares in Falck Räddningskår from Falck Investment Sverige, including subsidiaries in Norway, Finland, Estonia and Lithuania (Falck RSA Nordic & Baltics), for SEK 1.4 billion on a debt- and cash-free basis. Strategy in focus Falck RSA Nordic and Baltics is a leading roadside assistance provider with […]
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World Bank Group’s latest research papers offer meaningful insight into different areas of business regulation
The World Bank, an international financial institution, once again asked for our assistance with its Doing Business project. Aiming to better understand Our lawyers from Estonia, Latvia, and Lithuania contributed to the Doing Business study that helps to better understand and compare business regulation environments across economies and over time. These studies include: – WB […]