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Motieka & Audzevicius Assists Lifland Gaming in Acquisition of Baltic Bet

Motieka & Audzevicius Assists Lifland Gaming in Acquisition of Baltic Bet


Motieka &  Audzevicius has assisted listed company Lifland Gaming in its acquisition of 100% of shares in Baltic Bet – a betting services company in Lithuania.

According to M&A, "the transaction required deep insight into the gambling industry, including online gambling. We have prepared legal due diligence reports, coordinated financial and tax due diligence processes, and cooperated with financial brokers in order to swiftly implement the acquisition. The successful closing of the deal resulted in the buyer entering the Lithuanian online gambling market where, without any doubt, it will turn the tables and provide solid competition to current online gambling providers."

Lithuanian 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

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