Cobalt has advised Creditreform Latvija on a multi-stage reorganization.
According to Cobalt, as part of the reorganization, the company’s credit information operations have been transferred to Crefo Rating, now Creditreform Rating. In addition, its sister company B2Kapital SIA has been merged into Creditreform Latvija, and the debt recovery and loan portfolio acquisition business has been fully transferred to the B2 Impact ASA group.
The Cobalt team included Partners Toms Sulmanis and Sandija Novicka and Senior Associates Marija Berdova and Ivo Maskalans.