Sorainen has advised Livonia Partners on its sale of the majority stake in Fenestra to Trigon Capital.
The transaction remains contingent on regulatory approval.
According to Sorainen, "as a result of the transaction, Aken Tulevikku, a member of the Trigon Capital group, will acquire 87.22% of Fenestra from Livonia Partners’ investment funds."
Fenestra is an Estonian window manufacturer. The company sells around 85% of its production internationally, mainly in Finland.
Livonia Partners is a Baltic private equity investment fund.
Trigon Capital is a regional investment firm focusing on CEE and select sectors in the global emerging markets.
"Fenestra is a great example of how Estonian industrial companies can compete internationally thanks to the high quality of Estonian production," Trigon Capital CEO Joakim Helenius commented.
The Sorainen team was led by Partner Toomas Prangli and Counsel Lauri Liivat and included Of Counsel Isabella Barbara Tisenhusen and Associates Kristi Tammiku and Kevin Piho.
Sorainen did not respond to our inquiry on the matter.
