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Cobalt and Raidla Ellex Advise on BPM Capital Financing of Tahe Outdoors' Investment in Hiss-Tec

Cobalt and Raidla Ellex Advise on BPM Capital Financing of Tahe Outdoors' Investment in Hiss-Tec


Cobalt has advised BPM Capital on financing for Tahe Outdoors' investment in German kite surf engineering company Hiss-Tec. Ellex Raidla advised Tahe Outdoors on its investment.

According to Raidla Ellex, "the financing was combined together with BPM Capital via mezzzanine investment."

BPM Capital is an independent investment company that provides mezzanine financing in the Baltic region and Poland. Tahe Outdoors, established in 1989, is a prominent European kayak, canoe, and paddling equipment manufacturer, and it operates seven brands of watersport equipment and has three factories. Hiss-Tec, a German kitesurfing company with 10% of global market share, sells their products in 70 countries.

The Cobalt team was led by Partner Peeter Kutman and included Senior Associates Kristjan Kotkas and Karl Kull and Specialist Counsel Jesse Kivisaari.

The Ellex Raidla team was led by Partner Risto Vahimets and included Senior Associates Gerly Lohmus and Helen Metsar and Lawyer Anna Trine Raudsepp.

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

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