Cobalt has advised venture capital fund Change Ventures on its seed investment in Estonian recruitment platform RecruitLab. Triniti advised RecruitLab.
Cobalt Advises Braitin on Realco Project Acquisition
Cobalt has advised Braitin on its acquisition of the Prie Vilneles project in Markuciai from developer Realco.
Baltic Transaction Market Trends: The First Half of 2022 - Lithuania
As the main trends of the transaction market in the first half of 2022, the boom of startups and the changes in their valuations, the undiminished confidence of foreign investors despite the geopolitical situation, and the ongoing consolidation of the health care and renewable energy sectors can be singled out.
Cobalt and Eversheds Sutherland Advise on Coffee Address's EUR 5 Million Bond Issuance
Cobalt has advised Coffee Address Holding on its EUR 5 million unsecured bond issuance. Eversheds Sutherland Bitans advised on collateral agent matters and undertook collateral agent functions for the term of the bonds. Signet Bank was the arranger of the issuance.
Baltic Transaction Market Trends: The First Half of 2022 - Latvia
The first half of 2022 has not (yet) yielded such high profile deals as seen in 2021 (like Printful becoming the first Latvian “unicorn”) but there has been a steady trickle of transactions following the larger wave of 2021.
Baltic Transaction Market Trends: The First Half of 2022 - Estonia
The resilience of the transactions market and the trust of investors in the Baltic region has proved remarkable, although figures show a 15% decrease in global mid-market M&A deals (according to the Refinitiv published M&A Review of the first half of 2022). Despite the Ukraine war and mounting global challenges the deal flow, although at a much calmer pace, continues and remains promising for the second half of the year. Looking back on the first six months, COBALT experts highlight the main trends in each of the Baltic countries.
Estonia: ESG – A Journey from Nice-To-Have to Must-Have
ESG has moved from conference halls to a daily function for many companies worldwide. In Estonia, stakeholder expectations for corporate ESG are still evolving, yet rising. Some companies are already incorporating ESG into their daily business, as they understand its value. Along with stakeholder expectations, regulatory scrutiny is also increasing, showing a dramatic increase in ESG reporting requirements worldwide.
Cobalt Successful for Traffic Accident Survivor
Cobalt has successfully defended and later represented Jurgita Jankauskiene, pro bono, in a traffic accident case.
Cobalt Advises Latvijas Finieris on Launching Latgale Investment Project
Cobalt has advised plywood producer Latvijas Finieris on the investment project for the expansion of its RSEZ SIA Verems production facility in the Rezekne district.
Cobalt Successful for Journalist Olga Dragileva before State Police
Cobalt has successfully ensured the dismissal of bodily harm charges filed against Latvian journalist Olga Dragileva.
The Bounce in Latvia's Step: A Buzz Interview with Dace Silava-Tomsone of Cobalt
After a bit of a slowdown following the start of the war in Ukraine, the Latvian markets bounced back, with the financial and energy sector being particularly active, according to Cobalt Partner Dace Silava-Tomsone.
Cobalt and Walless Advise on Practica Capital's Investment in UAB Upa MCT
Cobalt has advised Practica Capital on its investment in a wellness and rehabilitation center in Druskininkai operated by UAB Upa MCT. Walless advised UAB Upa MCT.
Cobalt and Motieka and Audzevicius Advise on Asgaard Oriens' Investment in Leafood Vertical Farm
Cobalt has advised Asgaard Oriens on its investment in a vertical farm in Lithuania co-developed by the Leafood Group. Motieka and Audzevicius advised the Leafood Group.
Cobalt and Sorainen Advise on Aurelius’ Acquisition of McKesson UK
Cobalt, working with Mayer Brown, has advised Aurelius on the acquisition of McKesson UK. Sorainen advised the seller.
Cobalt and Triniti Advise on Bewi's Acquisition of BalPol
Cobalt has advised Bewi on its acquisition of the Lithuanian insulation company UAB Baltijos Polistirenas. Triniti advised the sellers on the deal.
Cobalt, TGS Baltic, and Ellex Advise on Kongsberg's Acquisition of NanoAvionics
Cobalt has advised Norwegian technology company Kongsberg Defense & Aerospace on the acquisition of the Lithuanian small satellite manufacturer NanoAvionics. TGS Baltic advised NanoAvionics founders Vytenis Buzas and Linas Sargautis who, together with AST & Science, sold NanoAvionics. Ellex advised AST & Science.
Cobalt Advises BaltCap on Sale of Vendon to Azkoyen
Cobalt has advised the BaltCap Latvia Venture Capital Fund and other shareholders on their sale of Vendon to Azkoyen. Garrigues reportedly advised the buyer.
Cobalt Advises Asuntosalkku on Nasdaq First North Growth Market Listing
Cobalt has advised Asuntosalkku on its listing to the Nasdaq First North Growth Market in Finland. Bird & Bird reportedly also advised Asuntosalkku.