Ellex and Simpson Thacher & Bartlett have advised the Baltic Classifieds Group on its IPO and listing on the London Stock Exchange. Clifford Chance advised sponsor and global coordinator and joint bookrunner BofA Securities and joint bookrunner BNP Paribas.

Ellex Raidla and Swedish Cirio Law Firm have advised the Kindred Group on its acquisition of outstanding shares in Relax Gaming. Roschier Attorneys advised the shareholders of Relax Holding Limited.

TGS Baltic has successfully represented AS Kevelt in a case before the Supreme Court of Estonia.

Ellex has advised Tera Ventures on leading a EUR 700,000 financing round for Estonian start-up 10Lines.

Ellex Raidla has successfully represented the interests of Enefit Green AS before the Tallinn Circuit Court regarding the merger with Nelja Energia AS.

Sorainen has advised Baltic media company Ekspress Grupp on the sale of Printall to Trukitung.

The Nove law firm, reportedly working with Ellex Raidla, has successfully represented Seesam Insurance in a dispute with Ragn-Sells over indemnity insurance for the damage caused by fires to the latter’s waste fuel plant.

Walless has advised Mandatum Life on the sale of its life insurance business in the Baltics to the Lithuanian Invalda INVL group. 

Pohla & Hallmagi has advised Restate on the sale of two properties – a shopping center and a commercial property in Tallinn – to BRCKS SPV. Ellex Raidla advised the buyer.

Roedl & Partner has advised the DKV Mobility Group on acquiring Osauhing Port One Estonia, UAB State Port Group, and Port One Polska Spolka z Ograniczona Odpowiedzialnoscia.

Cobalt has advised Treeland OU on the acquisition of a 51% stake in Latvian catering company Lido AS for an undisclosed amount.

Cobalt has helped Fortumo file a complaint to the Press Council regarding incorrect and misleading articles and headlines in the Aripaev and Postimees publications. 

Sorainen has advised state-owned Swedish energy group Vattenfall on its EUR 1 million seed investment into Fermi Energia.

On January 18, 2021, CEE Legal Matters reported that Cobalt had advised Practica Capital on its investment in Lithuanian start-up Biomatter Designs – part of the latter's EUR 500,000 investment round. CEEIHM spoke with Donatas Keras, Co-Founding Partner at Practica Capital to learn more about the matter.

PwC Legal Estonia has advised Krauss-Maffei Wegmann on its acquisition of a 24.9% stake in Milrem Robotics.

Sorainen has helped Estonian mortgage loan provider Clementer obtain a creditor’s license.

Cobalt has advised the Nordic Secondary Fund on its acquisition of shares in Estonian financing facility company Fiizy.

Cobalt has advised Lixea on an investment of EUR 2 million into the company by the European Innovation Council Fund.