Cobalt has advised the BaltCap Private Equity Fund III – acting through its subsidiary Adoro – on acquiring the assets of Dzives Abece.
Dzives Abece is a social care center in Latvia, founded in 2018 and operating a 97-bed facility in Riga.
According to Cobalt, “with the investment, BaltCap aims to diversify the range of high-quality care services in Latvia for seniors and other client groups, such as post-treatment rehabilitation and dementia patients.”
Cobalt’s team included Partner Guntars Zile, Senior Associates Diana Zepa and Juta Meimere, and Associate Arturs Valdersterns.