Sorainen Latvia has advised Rpax One on the sale of telecommunications company Baltcom to mobile communications operator Bite Latvija for an undisclosed price. Fort Legal advised Bite on the transaction, which is pending regulatory approval.
Registered in 2005, Bite Latvija’s sole owner is Bite Lietuva, which is part of international asset management company Providence Equity Partners.
Baltcom, registered in May 1991, is solely owned by Luxembourg-based Rpax One.
The Sorainen team included Latvia Managing Partner Eva Berlaus and Senior Associate Renate Purvinska.
The Fort team included Partner Janis Lokops, Senior Associate Roberts Prusis, and Associates Vita Rancane and Laila Pudule.