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Cobalt and Hedman Partners Advise on Change Ventures Investment in Planet42

Cobalt and Hedman Partners Advise on Change Ventures Investment in Planet42

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Cobalt has advised Change Ventures on a seed investment into Planet42. Hedman Partners reportedly advised Planet42.

Change Ventures is an early-stage investment fund based in the Baltics. Planet42 operates a car rental and hire-purchase platform in South Africa focused on unbanked clientele. According to Cobalt, "Change Ventures took the role of the lead investor of the round and was joined by co-investors such as Martin Villig (Bolt), Ragnar Sass (Pipedrive), Marko Virkebau (MeetFrank), and Kristjan Vilosius (Katana MRP). The total amount of the round was around EUR 2.2 million."

Cobalt's team included Partner Kristel Raidla-Talur and Senior Associates Sven Bottcher and Greete-Krisiine Kuru.

Estonian Knowledge Partner

COBALT is closely integrated alliance of top-tier law offices in Estonia, Latvia, Lithuania and Belarus, making us one of the largest law firms in the Baltic market. 

COBALT is a trusted partner for daily matters and complex large-scale transactions and disputes. The firm’s broad spectrum of expertise and established position as the market leader give a comprehensive basis for providing advice on special areas of business law.

We advise top international and regional businesses, financial institutions, state and local governments, and the region’s most promising start-ups. 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 6 times. We were recognized as the Most Innovative Law Firm of the Year 2019 in the Baltics at the IFLR European Awards in London. COBALT also won CEE Legal Matters Deal of the Year Award for Estonia, Latvia, and Lithuania, as well as the overall Baltic Deal of the Year, at the 2019 CEE Legal Matters Awards. We have received multiple awards from the Chambers Europe, IFLR, The Lawyer and Mergermarket and we are regularly listed amongst the top performing M&A legal advisors in the Bloomberg, Thomson Reuters and Mergermarket deal tables

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

All News about Cobalt can be found here.


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