We are advising Boku, a leading global mobile payment and mobile identity company, in the acquisition of Estonian fintech Fortumo. Boku has conditionally agreed to acquire the entire issued and to-be-issued share capital of Fortumo Holdings and its subsidiaries for a maximum consideration of USD 45 million. Significant step to cement the lead in mobile […]
We represented Tallinna Linnatranspordi Aktsiaselts (TLT), a company fully owned by the City of Tallinn, in a procurement to purchase compressed gas for TLT’s natural gas-powered buses. The buses are due to arrive late in the summer of 2020 and the supply of gas will last for the next 10 years. The procurement also included […]
We assisted Autolux in acquiring the shares in aktsiaselts APR-Rent, a previous Hertz franchise operator in Estonia. Since 1 January 2019 Autolux became the exclusive Hertz franchise operator in the Baltic states and took over the operations and administration of the Hertz franchise in Estonia. APR-Rent as the previous Hertz franchise operator in Estonia acted […]
Sorainen together with Swedish law firm Wistrand, advised the leading European underwear brand for women, Miss Mary of Sweden on establishing partnership with Scope, a Nordic growth equity fund. “Miss Mary has been privately held by entrepreneurs since inception and for the past 30 years owned by Peter af Burén. Partnering with Scope allows us […]
Sorainen Estonia acted as Estonian adviser for syndicate of banks in financing the investment of European Diversified Infrastructure Fund II SPSc, infrastructure fund managed by First State Investments, in Utilitas, Estonia’s largest district heating company and a leading renewable power producer. The syndicate of banks financing the transaction consisted of Skandinaviska Enskilda Banken, Crédit Agricole […]
