Lextal has advised Estonian financial technology group IuteCredit on its EUR 75 million senior secured corporate bonds issuance. GSK Stockmann reportedly acted as a global advisor on the deal.

Eversheds Sutherland has advised Atos International on the acquisition of Ideal Product Data.

Ellex has advised CHB Kindlustusmaakler owners Andry Saarm and Priit Helm on the sale of their Estonian brokerage company to international insurance broker Howden. Grant Thornton reportedly advised Howden.

CMS and Sorainen have advised the Greco Group on its acquisition of MAI CEE Insurance Brokers.

Fort has advised real estate development companies Arco Vara, Eften Capital, East Capital Real Estate, Metro Capital, and Hepsor on submitting a complaint to the European Commission regarding the potentially unlawful state aid given to Porto Franco by the Estonian government. 

Sorainen, working with Herbert Smith Freehills, has advised Certares on its EUR 300 million structured equity investment into the Avia Solutions Group. Magnusson, working with White & Case and Cyprus-based Antis Triantafyllides & Sons, advised ASG on the deal.

Sorainen has advised US-headquartered Dynatrace on its acquisition of Estonia's SpectX.

Sorainen has advised JAS Worldwide on its acquisition of Greencarrier Freight Services International from the Greencarrier Group.

On August 19, 2021, CEE Legal Matters reported that Sorainen had advised Montonio on raising EUR 2.5 million from Tera Ventures, as well as ffVC, Superangel, Practica, 365.fintech, Startup Wise Guys, and a number of business angels. CEE In-House Matters spoke with Rasmus Oisma, Director at Montonio Finance, to learn more about the matter.

PwC Legal has advised Ensto Ensek on the sale of its Taevakivi industrial property to LHV Pension Funds.

TGS Baltic has represented Bigbank subsidiary Ruutli Majad OU before the Estonian Competition Authority in merger control proceedings related to the acquisition of two agricultural holdings.

Sorainen and Linklaters have advised fintech company Wise on launching the OwnWise customer shareholder program in the EU and establishing its level 1 American depositary receipt program in the US.

TGS Baltic has advised short-term property-backed loan marketplace EstateGuru on its EUR 5.8 million series A investment round. Sorainen advised Jersey-based VC TMT Investments as lead investor in the round. 

Ellex has advised Tallink Grupp on the public offering of new company shares in Estonia and Finland.

Ellex has advised the BTA Baltic Insurance Company on establishing a EUR 120 million Baltic rental housing co-investment vehicle together with Finnish developer YIT. Hannes Snellman advised YIT on the deal.

Regional periodical league tables ranking M&A activity through the lens of the law firms advising on the deals are often dominated by Baltic law firms, with the CEELM Index special issue of the CEE Legal Matters magazine reflecting the same trend. To better understand why that is so, we spoke with several Partners – from both Baltic firms and other CEE jurisdictions.

Sorainen, working alongside Norwegian firm Wikborg Rein, has advised digital identity company Signicat on its acquisition of Baltic electronic signature solution provider Dokobit. Ellex Valiunas advised the seller.

Sorainen has advised Nordic food company HKScan on the development of their new pan-Baltic logistics center in Estonia.