On May 27 2019, Linstow signed a sale-purchase agreement for disposal of shopping centre Galerija Centrs to the Estonia-registered Baltic Horizon public real estate fund. New page in the history of the pearl of Baltic retail Galerija Centrs is a historic building in Riga Old Town. The sale-purchase agreement was signed by Northern Horizon Capital […]
We advised the shareholders of Artist Media on selling 90% of Artist Media’s shares to TV3’s parent company All Media Eesti. Established in 2002, Artist Media is the largest company in Estonia offering complete audio and in-store radio solutions. In 2018, the company generated a turnover of EUR 1.9 million and an operating profit of […]
We assisted Sika, an international developer and producer of systems and products for the construction sector and the motor vehicle industry, in its acquisition of BelINECO, a Belarusian company specialising in production of polyurethane foams. BelINECO is based near Brest and has been operating since 2008. The company supplies its products to the Kazakh, Russian, […]
Sorainen advised Practica Capital, a Lithuania-based venture capital fund, on its investment in Sonarworks. Dedicated Baltic venture capital fund Established in 2011 in Lithuania, Practica Capital is a dedicated Baltic venture capital fund focusing on investments in Baltic and Baltic-origin seed, early stage, and select growth stage technology ventures. Practica Capital manages several investment funds. […]
We advised Baltic Horizon Fund in arranging three private placements of fund units in April and May 2019. The total proceeds received by the client amounted to EUR 25.4 million. First non-public offering by the fund “We are very pleased with the exceptionally high interest in the private placement of new Baltic Horizon fund units. […]