Sorainen has advised BaltCap on its acquisition of Ridango, an Estonia-based provider of public transport services, from LipCap. Rask advised the seller on the deal.
Ridango specializes in the development of ticketing, real-time passenger information, and payment systems for public transport. In addition to Estonia, Ridango provides services to local governments and private carriers in six other European countries.
Sorainen’s team included Partner Toomas Prangli, Of-Counsel Isabella Barbara Aavik, Senior Associates Jane Eespold, Albert Linntam, Piibe Lehtsaar, Robin Teever, Triin Toom, and Kaido Kunnapas, and Associates Mirell Prosa and Vladislav Leiri.
Rask’s team was led by Partner Timo Kullerkupp.