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 […]
Sorainen advised Havas Media Group in acquiring 51% of the shares in Idea Group, which is said to be one of the biggest investments in the Baltic marketing and communications market. Havas was founded in Paris in 1835 and is now one of the world’s biggest communication agencies with a turnover of more than EUR […]
Sorainen advised A-Ülevaatust on its acquisition of Rael’s inspection stations. A-Ülevaatus is the biggest vehicle inspector in Estonia, operating in Tallinn, Tartu, Viljandi, Rakvere and Räpina. Says Andres Soots, A-Ülevaatus board member: “Together with the purchase-sale agreement we acquired the customer database as well”. He added that personnel will stay the same. The Sorainen advisory team […]
Sorainen assisted Livonia Partners, a dedicated private equity investment firm in the Baltics, in leading a EUR 4.4 million Series A round closed by business management software provider Scoro. The company will use the funds to expand its New York and London offices and develop the platform’s deep integration and machine learning capabilities. The investment involved […]
Poland’s industrial and investment Paged Group has purchased a 100% stake in Valmos, one of the largest Estonian producers of veneer, majority-owned by Kaamos Group. The Polish investor plans to support the company’s intensive development, including further investment in expanding production capacity and efficiency at Valmos’ production facility. “The decision to sell Valmos was a […]
