Sorainen Latvia has advised Visma, a leading provider of business management software and services, in its acquisition of all shares of the FMS Group companies (FMS and FMS Software).
The FMS Group is the leading provider of ERP (enterprise resource planning) and BI (business intelligence) software in Latvia with a market share of more than 30%. Sorainen performed a legal due diligence and assisted Visma in the share acquisition process by providing advice on Latvian law, assisting in drafting transaction documents, and closing the transaction.
Sorainen's team was led by Partner Eva Berlaus and Senior Associate Renate Purvinska.
