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A landmark decision for competition law in Latvia
We successfully defended our client – one of Latvia’s major construction companies – in a landmark case concerning alleged cartel activity among the country’s largest construction firms. The Latvian Supreme Court has ruled that information obtained through operational measures within a criminal investigation – such as covert surveillance or wiretapping – cannot be used as […]
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A popular website-building platform has changed its ownership
We advised the software company Erply on the acquisition of Edicy from the technology company TextMagic. Edicy owns the website-building platform Voog. Voog aims to be the most convenient and user-friendly solution for creating and managing websites and e-commerce sites. A no-code website builder, it currently has around 5,000 clients. Erply’s CEO Robert Jacob explained […]
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Bitė Group sells its tower portfolio to Stonepeak for EUR 480 million, making it Top 3 Baltic deal of the year
We advised Bitė Group, the leading telecommunications and media group in the Baltics, on the sale of its communications towers company TeleTower to global private equity firm Stonepeak. The transaction will create the first fully independent tower company in the region and represents the beginning of a strategic partnership dedicated to investing in the Baltic […]
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The largest Polish bank is opening a representative office in Lithuania
We provided advisory services to the largest Polish bank, PKO Bank Polski (PKO PB), in establishing a representative office in Lithuania. According to Marek Radzikowski, the bank’s vice-president responsible for operations and international banking, PKO PB’s strategy involves opening eight new foreign units by 2027: four branches and four representative offices. In choosing Lithuania, the […]
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An Estonian logistics startup has raised over EUR 3 million for strategic growth
We advised the Estonian digital freight forwarding platform MyDello on securing a strategic investment agreement worth EUR 3.1 million. The round was led by the Icelandic fund Frumtak Ventures, and other participants included Finnish early investor Superhero Capital. The new investment will be a powerful catalyst for two key initiatives. MyDello will continue with product […]