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 […]
We are representing Nordigen, a freemium open banking data provider from Latvia, in a transaction selling Nordigen’s shares to GoCardless, the global leader in direct bank payments. GoCardless will incorporate Nordigen’s next-generation open banking connectivity – offering the widest coverage in Europe, connecting to more than 2,300 banks in 31 countries – into its account-to-account […]
The energy and infrastructure news and analysis service Proximo has awarded the European PPP Deal of the Year award for 2022 to the Kekava Bypass PPP project closed in Latvia in July 2021. We together with lead counsel Loyens & Loeff (Brussels) advised the Kekava ABT, formed by A.C.B., Binders, and TIIC (Portugal), on the […]
We advised Capitalica Baltic Real Estate Fund I, the real estate fund managed by the SBA Group company Capitalica Asset Management, on issuing two-year bonds with a 5% annual interest rate and admitting the bonds to trading on First North market. The fund borrowed EUR 3 million on the capital market. The funds raised with […]