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We advised PlanB Labs, an Estonian start-up developing the Language Drops language learning platform, in preparing for and closing the sale of Drops to Kahoot!, the world’s leading game-based learning platform. TOP 5 exit in Estonia Kahoot! is acquiring 100% of the shares in Drops for a total consideration reflecting an enterprise value of USD 31 […]
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We advised INVL Sustainable Timberland and Farmland Fund II in acquiring seven companies from the agricultural business group Linas Agro Group for a total of EUR 13.6 million. The newly acquired companies indirectly own 2,000 ha of agricultural land. The fund acquired 100% of the shares of the Latvian Zemvalda land management holdings group from […]
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Deals & Cases / Piret Jesse, Piret Lappert, Paul Künnap, Algirdas Pekšys, Jānis Taukačs, Norman Aas, Andis Burkevics, Darius Raulušaitis, Dr Kaido Künnapas, Lise-Lotte Lääne, Renāte Purvinska, Britta Retel, Agita Sprūde, Natālija Ešenberga, Robin Teever, Līva Aleksejeva, Juliana Pavilovska, Nele Suurmets
We advised Hexatronic, a Swedish industrial group, on the acquisition of Estonia-based Baltronic and Canada-based Toronics, acting as local advisors through Advokatfirman Vinge, one of the largest law firms in Sweden. Strong presence in the Baltics as a result of the transaction Baltronic and Toronics supply and assembly fibre optic products with a focus on […]
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The Baltic mergers and acquisitions (M&A) market is in full swing, with companies from the service and retail sector changing hands most actively, according to the recent “Baltic Private M&A Deal Points Study 2020”. The study was 6th of its kind since 2010, where Sorainen together with other Baltic law firms Cobalt, Ellex, Eversheds Sutherland, […]
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Deals & Cases / Vytautas Sabalys, Laura Matuizaitė-Mikštė
We advised venture capital fund Startup Wise Guys on investing in logistics startup GoRamp. Startup Wise Guys together with Presto Ventures invested EUR 450,000 in the company. This is the second investment in GoRamp by Startup Wise Guys and Presto Ventures in the last 12 months – in January, they invested EUR 120,000. Offering logistics […]
