Mari Manniko has joined PwC Legal in Estonia as Head of Data Protection and Media Disputes.
Cobalt has advised Karma Ventures on its investment in employee relocation management start-up Jobbatical.
Cobalt has advised PRFoods on the sale of its Swedish business to Vattudalens Fisk.
Cobalt has advised Nordea on the sale of its last remaining 11.6% stake in Luminor to a consortium led by private equity funds managed by Blackstone.
Cobalt has advised FN-Serviss on a cross-border merger of its group of companies in which the company's Estonian subsidiary was acquired by its Latvian parent company.
A slowdown in capital market transactions and some M&A activities, a governmental crisis and tensions with the Russian-speaking population, and rising energy prices and inflation were all hallmarks of Estonia’s past six months. While the geopolitical situation and economic situation remain tough, direct investments in Estonia seem to be getting back on track, across a number of sectors, according to Cobalt Partner Marina Kotkas.
Cobalt has advised venture capital fund Change Ventures on its seed investment in Estonian recruitment platform RecruitLab. Triniti advised RecruitLab.