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BaltCap acquired public transport platform Ridango
We advised BaltCap, the largest private equity investor in the Baltic region, on the acquisition of Estonian-based Ridango, a provider of public transport solutions. Focus on the intelligent transportation systems sector Kristjan Kalda, partner at BaltCap commented that BaltCap had been keeping an eye on the intelligent transportation systems sector. ”For example, the Finnish company […]
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CGTrader raises USD 9.5 million in funding
We advised CGTrader, a Lithuanian company operating a three-dimensional (3D) model trading platform, in attracting USD 9.5 million in investment. One of the investors in the company is Mikael Hed, the former CEO of Rovio, the company that created Angry Birds. He has also become Chairman of the Board of CGTrader. The main investor in […]
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Sorainen advised a client on matters relating to clinical trials
Sorainen advised a renowned UK law firm on behalf of its client, an American clinical-stage biopharmaceutical company. The advice concerned clinical trials – our team helped to localise a complex agreement on clinical trials between Belarusian state clinics and the contract research organisation. Apart from its complexity, the project was remarkable since it happened against […]
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Škoda winner in Elron procurement for six new trains in 2024
We advised Škoda in a public procurement conducted by Eesti Liinirongid (brand name Elron) for purchasing 6 trains with an additional option to buy 10 more trains in the coming years. Modernisation of Estonian train fleet ‘‘The new trains will contribute greatly to increasing the environmental friendliness of our transport connections, and launching those trains […]
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Michelin to acquire Estonian conveyor services provider Technobalt
Our pan-Baltic M&A team advised Fenner Dunlop, a part of the Michelin Group, on the acquisition of Technobalt Estonia, one of the largest conveyor services providers in the Baltics. Conveyor services in focus Founded in 1994, Technobalt operates mainly in Estonia, Latvia and Lithuania. Their main activity is the maintenance of conveyor systems and the […]