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We assisted Startup Estonia in updating model documents for startups
Startup Estonia and the Estonian Private Equity and Venture Capital Association (EstVCA), in cooperation with Sorainen and other leading Estonian law firms, have updated a set of model legal documents designed to help startups and investors focus on their businesses and deal-related matters. Supporting aspiring entrepreneurs and startups The free model document package available on […]
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Pipedrive strengthens its sales and marketing services by acquiring Outfunnel
We advised Pipedrive, a CRM platform for small and medium-sized businesses, on its acquisition of 100% of shares in Outfunnel, an Estonian sales and marketing automation software startup and the top-rated app on the Pipedrive Marketplace. Connecting CRM with marketing tools By integrating Outfunnel’s technology, Pipedrive aims to provide customers with a seamless connection between […]
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Queen Morta Schools and Vaikystės Sodas Kindergartens become a part of Globeducate Group
Yesterday, Globeducate completed the acquisition of Queen Morta Schools and Vaikystės Sodas Kindergartens, founded in 2011 and operating across four cities in Lithuania. Thus they became a part of the Globeducate group, a leading international education network with more than 65 bilingual and international schools and online programmes, serving more than 40,000 students across 12 […]
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German bank lends EUR 14 million for the modernisation of Klaipėdos Baldai factory
We advised German state-owned commercial bank Landesbank Baden-Württemberg (LBBW) on the partial financing of the EUR 18 million modernisation of the Klaipėdos Baldai furniture manufacturing facility. The German bank provided a loan of EUR 14.3 million, while the remaining investment was financed from the company’s own funds. Klaipėdos Baldai is part of the SBA Group, […]
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Magnora Data Center acquires a 50% interest in the Risti Kampus project
We advised Sunly on a transaction, under which Magnora Data Center (MDATA) acquired a 50% interest in the Risti Kampus data centre project. The transaction established a joint venture between MDATA and Sunly to develop a large-scale data centre campus in western Estonia. Bringing Sunly’s strategy together in one location The Risti Kampus project is […]