Sat, Apr
67 New Articles

Fort Advises ZGI-3 on Largest Latvian FinTech Investment in 2016

Fort Advises ZGI-3 on Largest Latvian FinTech Investment in 2016

  • Smaller Small Medium Big Bigger
  • Default Helvetica Segoe Georgia Times

Fort's Riga office has advised the venture capital fund ZGI-3 on its EUR 700,000 investment in Mobilly, a payment service provider in Latvia, which the firm describes as the largest FinTech investment of the year in the country.

Mobilly announced on October 21, 2016, that it succeeded in attracting large scale investment of EUR 1.1 million, including the EUR 700,000 from ZGI-3.

Fort reports that it "advised venture capital fund ZGI-3 in all phases of the transaction, including conducting due diligence, as well as drafting and negotiating all the investment documents."

The Fort team was led by Associate Partner Ramona Miglane in Latvia and included Partner Ieva Judinska-Bandeniece, Associated Partner Uldis Judinskis, and Senior Associate Edgars Turlajs.

Latvian 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

All News about Cobalt can be found here.


Our Latest Issue