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Change Ventures invests in EngyCELL
We are pleased to have supported Change Ventures with their investment in EngyCELL, a Latvian-based provider of personalised energy storage solutions. About the case EngyCELL offers personalised energy storage solutions that help users reduce energy costs, gain energy independence and participate in the energy market. Change Ventures, a leading Baltic venture capital fund, has invested […]
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Lielvārds starts strategic partnership with Tamo Group
We assisted Lielvārds, an education company, in launching a strategic partnership with Tamo Group. In the coming years, a Baltic-wide group of education companies will be established to make modern educational content and technology solutions available to every student in the Baltic region. About the transaction As a result of the transaction, Tamo Group has […]
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Inter IKEA Group completes acquisition of the IKEA retail business in the Baltics
We advised Inter IKEA Group on its acquisition of the IKEA retail business in the Baltics. The purchase included three full-size IKEA stores, five additional smaller customer meeting points, the business’s e-commerce platform, and the Digital Retail Development company. Currently, the IKEA retail operations in the Baltics employ 1,450 co-workers, and 6.6 million people visited IKEA stores […]
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BADideas.fund invests 1 million EUR in branded consumer goods platform
We advised the BADideas.fund syndicate on their EUR 1 million funding of a platform empowering entrepreneurs, influencers, and online businesses to create and sell their own branded consumer packaged goods (CPG) without the need for an inventory or upfront costs. About the BADideas.fund BADideas.fund is an early-stage unicorn-builder syndicate, investing USD 100,000–200,000 in Central and […]
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Latvenergo acquires large-scale solar park in Dienvidkurzeme municipality from Danish Sun Energy ApS
We provided legal advice to Danish Sun Energy ApS, a Danish greenfield developer, on the sale of 100% of its capital shares in DSE Aizpute Solar to Latvenergo, Latvia’s leading energy company. This acquisition will enable Latvenergo to construct a 265-MWp (megawatts DC) solar power plant by the end of 2025. This project marks a […]