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We are celebrating the 25th work anniversary of our partner Toomas Prangli. Having started at our firm as a trainee back in 1997, Toomas has built a meteoric career. Among other significant achievements, he led our office in Estonia as a country managing partner and acted as co-managing partner of the whole firm together with […]
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Farfetch has acquired an AR startup, Wannaby Inc, which has developed technology allowing users to virtually try on shoes, accessories and cosmetics. Farfetch already uses this technology widely on its online platform for the sale of premium fashion brands. The deal was closed in April and aims to expand and scale the virtual try-on capabilities […]
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We advised Livonia Partners, one of the leading private equity funds in the Baltics, and their joint venture with the target’s management in the acquisition of Stebby, the largest wellness service marketplace in the Baltics. Stronger position in the Baltics According to Kestutis Mackelis, CEO of Stebby, the new ownership structure will allow Stebby to […]
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We advised a large forest management company, the owner of more than 7,000 hectares of forest and agricultural land in Latvia, on its exit from the Latvian market by selling its subsidiaries to Baltic Green Fund. Our team Our team assisted the client in negotiating certain aspects of the transaction, drafting transaction documentation, and signing […]
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We are advising Klaasimeister, a leading glass processor in the Baltic Sea region, on the merger with Polar Glass. Big players According to the agreement, the current owner of Klaasimeister, Baltic private equity fund Livonia Partners, will become the majority shareholder while the current owner of Polar Glass, Barrus, continues as the minority shareholder. The […]