PWC Legal has been selected as the legal, business, and tax advisor of the Estonian e-residency program.

Shareholder's rights to information in Estonia, Latvia and Lithuania.

Nove Attorney Veikko Puolakainen has successfully represented Estonian bus company AS SEBE in a lawsuit related to the procurement of public buses in Harju County, Estonia, by MTU Pohja-Eesti Uhistranspordikeskus. 

Nove attorney Veikko Puolakainen has successfully represented Estonia's Land Board in the country's Supreme Court.

Lextal has advised TB Grupp OU on the sale of conveyor service, maintenance, and components provider Technobalt Eesti OU and its Latvian and Lithuanian subsidiaries to the Michelin Group. The transaction remains contingent on regulatory approval.

Lextal has advised wind energy developer Raunistal on its sale to the Eesti Energia subsidiary Enefit Green. 

Turunc, working with JPP Law, has advised Turkish/British digital employee-experience platform Sorwe on financing it received from Estonia-based Startup Wise Guys and Turkey-based TechOne. BTS Partners advised TechOne on the deal.

PwC Legal has advised real estate manager and administrator Stell Estonia on the acquisition of competitor Kyyrix.

The Estonian office of the Njord law firm has assisted Estonian Japan Trading Company AS obtain admission to the trading of its shares on the First North alternative market, operated by Nasdaq Baltic.

Cobalt has advised private equity firm Levine Leichtman Capital Partners on the acquisition of the Creditinfo Group in partnership with Creditinfo's founder and management team.

Ellex Raidla has advised Coop Pank on a public offering of unsecured subordinated bonds.

Orrick has advised Scoro, a producer of work management software for professional service businesses, on the closing of a USD 16.4 million Series B round led by Kennet Partners. Additional investors include Columbia Lake Partners, Inventure, Livonia Partners, and Tera Ventures. Estonian legal advice to Kennet Partners was provided by Hedman Partners, working with lead counsel Sheridans, and to Scoro by Eversheds Sutherland.

Sorainen has advised the Fortum energy company on the sale of its district heating business in the Baltics to the Partners Group, a global private markets firm, acting on behalf of its clients. Ellex advised the Partners Group on the transaction.

Ellex Raidla has advised Estonia's Elektrilevi on its acquisition of the Imatra Elekter energy services provider from Imatran Seudun Sahko. Finland's LLH Law advised the sellers on the deal.

Sorainen has advised Mehilainen, a healthcare and social services provider in Finland, on the acquisition of occupational healthcare provider Qvalitas Arstikeskus and dental care chain Unimed Grupp from BaltCap. Ellex Raidla advised BaltCap on the deal, which remains contingent on regulatory approval.

Maido Lillemets, Legal and Compliance Manager at BaltCap in Estonia, reports that the three-pillar pension system in his country has been shaken by the recent legislative move from a mandatory to a voluntary approach to contributions into pension funds. This change, Lillemets reports, has cost the pension funds EUR 850 million already and the eventual cost may exceed EUR 1 billion.

Sorainen has helped to establish the Green Tiger Foundation in Estonia, a collaboration platform designed to boost environmental awareness and create a basis for a green economy.

Sorainen has helped Bolt obtain a EUR 20 million investment from the International Finance Corporation.