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Sorainen Estonia assisted DT Group Finland, part of the world’s leading specialist distributor of plumbing and heating products, in divesting 100% of Puukeskus shares in a management buy-out to Atso Matsalu, the long term CEO of the company. Puukeskus is the leading distributor of wood-based building materials in Estonia, having started operations in 1996. The […]
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SORAINEN advised Kindel Reklaam, Unicorpo and Trend in the sale of 50% shareholding in Linna Ekraanid to Ekspress Grupp. The parties have agreed that Ekspress Grupp will acquire the remaining 50% of the shares of Linna Ekraanid in 2019 and hence will become the sole shareholder of the company. Linna Ekraanid is engaged in the […]
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SORAINEN advised Baltic Horizon, an investment manager focusing on specialized real asset investment strategies in Northern Europe, in signing a purchase agreement to acquire an office building in Riga from Bauplan Nord. Post-closing, Baltic Horizon’s portfolio will comprise seven objects worth over EUR 125 million. This is the second of Baltic Horizon’s deals following its […]
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SORAINEN Estonian office advised Amanda V East L.P., the fund managed by Finland-based eQ Private Equity, in making investment into DenCap. DenCap already held investment in dental care provider Unimed Group and has now additionally acquired occupational health care service provider Qvalitas. Amanda V East L.P. made the investment as a direct co-investment with BaltCap […]
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SORAINEN advised Northern Horizon Capital in upgrading the fund management company licence of its Estonian arm to an alternative investment fund manager (AIFM) licence and in establishing a new public evergreen closed-ended real estate fund. The Estonian Financial Supervision Authority (EFSA) granted the AIFM licence and registered the fund, named Baltic Horizon Fund (Fund), on […]