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.

PwC Legal Estonia has promoted Karin Marosov and Indrek Ergma to Partners.

Ellex Raidla has advised construction management platform Remato on securing a EUR 1.4 million investment from Passion Capital, Kaamos Group, Superangel, Lemonade Stand, Spring Capital, and several angel investors.

Former SupplierPlus Head of Group Legal Kirill Lezeiko returns to private practice by rejoining PwC Legal in Estonia.

Sorainen has advised Apollo Global Management on its acquisition of a majority stake in AS Graanul Invest. Ellex and White & Case advised the seller. Reportedly, Allen & Overy also advised the buyer.

Fort has advised Capitalica Asset Management on the acquisition of green concept logistics buildings near Tallinn from Ferroline Group's FW Force OU. Walless advised Force OU on the deal.

Sorainen has 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. Ellex Raidla advised Tera Ventures on the investment round.

Sorainen has advised Estonia-based startup 99math on raising USD 1 million from Genesis Investments, Change Ventures, and five angel investors.