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Cobalt has advised the AS Ekspress Grupp, a leading media group in the Baltic countries listed on Tallinn Stock Exchange, on its acquisition of a 49% holding in Babahh Media OU, an Estonian company that engages in video production, media solutions, and the sale of video related infrastructure solutions, from Tomarek Invest OU and Heeringas OU. Primus advised the sellers on the deal.

The NOVE law office and the Estonian Center for Applied Research (“CentAR") are announcing that have been selected via a public procurement process jointly organized by Estonia's Government Office and the Ministry of Justice to study the "Regulation of Cross-Border Mobility of Companies in the European Union."

Sorainen is advising the Estonian Development Fund (EDF), a public institution established by the Estonian Parliament to support improvements in the Estonian economy through investment in knowledge- and technology-intensive Estonian business in the start-up phase, and SmartCap, a venture capital fund management company established by the EDF to manage venture capital Early Fund II to restructure their direct investment portfolio. 

Sorainen has announced that former Varul Partner Ants Mailend has joined the firm’s Tallinn office as a Partner, where he will strengthen the Sorainen Dispute Resolution Team as well as its Commercial Contracts Team and Intellectual Property Practice in Estonia.  

Fort has advised Hansabuss on its acquisition of a majority shareholding in Tukuma Auto SIA — a Latvian provider of bus transport services — thereby increasing its share in the Latvian market for public bus transport and charter transport to approximately 10%.

Glimstedt has successfully assisted Estonian work management software startup Scoro in securing a EUR 1.7 million seed funding round. The round was led by SmartCap, the investment arm of the Estonian Development Fund, Inventure, and Alchemist Accelerator.