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Cobalt Advises Bauhub on Sale to Tocoman

Estonia
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Cobalt has advised the shareholders of Bauhub on its sale to Admicom's subsidiary Tocoman.

Bauhub is an Estonian IT company specializing in SaaS workspace for construction project management. Founded in 2016 it develops cloud-based software tailored for the construction industry, offering solutions for project-level collaboration, task and workflow management, file and document storage, and information sharing. 

Admicom is a Finnish company specializing in software and services for the construction industry, building services engineering, and manufacturing sectors. Its shares are listed on the Nasdaq First North Growth Market Finland.

The Cobalt team included Partner Peeter Kutman, Specialist Counsels Madis Reppo and Tonu Kolts, and Junior Associate Ken Saksniit.

Cobalt did not respond to our inquiry on the matter.

Cobalt at a Glance

COBALT is a closely integrated alliance of top-tier law offices across the Baltics, uniting more than 250 attorneys and support staff. During 25 years of experience, we have become a strategic partner to our clients in handling both daily matters and complex large–scale transactions and disputes.

The firm’s broad spectrum of expertise and established position as the market leader gives a comprehensive basis for providing full-service business law advice.

Top international and regional businesses, financial institutions, state and local governments, and the region’s most promising start-ups are among our clients. We offer leading-edge solutions in key industry sectors: Consumer Products, Trade & Distribution, Real Estate & Construction, Pharmaceuticals & Healthcare, Energy & Utilities, Communications, Media & Technologies, Financial Services, Transport & Logistics.

COBALT has been named Baltic Law Firm of the Year 7 times receiving Chambers Europe, IFLR, The Lawyer and Mergermarket awards, and we are regularly listed amongst the top-performing M&A legal advisors in the Bloomberg, Refinitiv and Mergermarket deal tables. Recognized as the No.1 Lithuanian law firm in the Prospera Law Firm Review 2021 and No. 1 law firm in Latvia in 2022, 2020, 2019, and 2018 client satisfaction surveys. We were recognized as a Baltic-wide Law Firm of the Year at the 2022 Chambers Europe Awards ceremony and named the Baltic States Tax Firm of the Year and Pro Bono Firm of the Year at the annual ITR EMEA Tax Awards 2021 ceremony. 

More information on COBALT can be found at www.cobalt.legal.