TGS Baltic has advised one of the founders and sole board member of Altero Group Arturs Kostins on his exit and management handover to OM Teenused. Ellex reportedly advised OM Teenused.
Altero by is a Baltic financial comparison platform operated by the Latvian holding company SIA Altero which owns subsidiaries UAB Altero LT in Lithuania and Altero OU in Estonia.
According to TGS Baltic, "within eight years, the founder, former minority shareholder and the sole management board member of Altero Group established and developed a rapidly growing fin-tech company in the Baltic States. Altero is the only financial comparison platform operating in all Baltic countries. Several hundred million loans have been issued through Altero."
The TGS Baltic team included Partner Andra Rubene, Counsel Janis Bite, Senior Associates Rudolfs Vilsons, Anna Vaivade, and Kaspars Treilibs, and Associate Karina Narnicka-Cumakova.
Editor's Note: After this article was published, Ellex confirmed its involvement to CEE Legal Matters. The firm's team included Partner Ermo Kosk and Lawyer Brigitta Toomingas.
