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Borenius Advises on Acquisition of Norvik Bank


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Latvia's Borenius Law Firm has advised Grigory Guselnikov, the owner and leading partner of London-based investment fund G2 Capital Partners, in his acquisition of 50%+1 share of Norvik Bank.

As a result of the acquisition, Guselnikov became a majority shareholder and strategic investor of the bank. In addition to its role as legal advisor in the transaction, Borenius participated in the structuring of the transaction, drafted transaction documents, and represented Guselnikov before Latvia's Financial and Capital Market Commission in relation to his receipt of permission to acquire the shares of the bank.

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