Sorainen is advising Eurodent Hambakliinik on the transfer of its dental care business to Unimed, a company belonging to the portfolio of BaltCap Private Equity Fund. The transaction requires approval from the Estonian competition authorities. Sorainen has been advising Eurodent Hambakliinik throughout the whole transaction process. The Sorainen team was led by partner Toomas Prangli […]
Sorainen Belarus advised Eurotorg LLC, Belarus’ largest food retailer, on a USD 350 million bond issue for a 5-year term with an annual coupon rate of 8.75% maturing on 30 October 2022. The bonds have been issued by, and with limited recourse to, Bonitron Designated Activity Company for the sole purpose of financing a loan […]
Sorainen assisted CGTrader, a company managing the 3D models online marketplace, in attracting a EUR 2 million investment. At this stage the main investor is Estonian venture capital fund Karma Ventures. CGTrader is one of the biggest 3D model marketplaces in the world. Currently it offers almost 600,000 models and has over 1.1 million users. […]
The Commercial Law and the Law on the Prevention of Money Laundering and Terrorism Financing (AML Law) were amended this November. The amendments exclude shareholders’ obligation under the Commercial Law to disclose their company’s beneficial owner (BO). Now, the disclosure requirement has been completely revised and transferred to the AML Law. As these amendments affect […]
We advised Northern Horizon Capital in connection with a secondary public offering raising EUR 17 million and listing of the new units of the Baltic Horizon Fund on Nasdaq Tallinn and Nasdaq Stockholm stock exchanges. Baltic Horizon Fund is a real estate fund with a focus on commercial properties in the capitals of the Baltic […]