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Loan comparison platform Sortter obtained credit intermediary licence
We advised the Finnish fintech company Sortter Oy’s Estonian arm, Sortter OÜ, on obtaining a credit intermediary licence in Estonia. Establishing Estonian arm By establishing and licensing its Estonian subsidiary, Sortter extends its well-established loan comparison services to the Estonian market through its local website, sortter.ee. Sortter’s expansion into Estonia is driven by a commitment […]
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Insuro Technologies expands into the Baltics by acquiring Avalanche Laboratory
We advised the Swedish IT company Insuro Technologies on acquiring the Estonian software company Avalanche Laboratory. Rain Kirjanen, the sole owner of Avalanche, will continue as its CEO and a minority shareholder in Insuro Group. By joining forces, both companies can leverage each other’s strengths to grow and create additional sales opportunities. Exciting possibilities for […]
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Gjensidige sells its business in the Baltics
We advised the Norwegian non-life insurance company Gjensidige Forsikring on signing a sale agreement for its business in the Baltics with Ergo International, the company that manages Ergo’s international business portfolio. Deal value – EUR 80 million. The transaction will be completed upon receiving approvals from the authorities, including the Lithuanian, Latvian and Estonian competition […]
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Nanordica Medical raises EUR 1.75 million to treat severe wounds with nanotechnology
We advised the Estonian medtech company, Nanordica Medical, in raising EUR 1.75 million. The round was led by Estonian fund Specialist VC, with participation from Superangel and Amalfi. The investment allows Nanordica to develop and bring to market innovative nanotechnology-based wound care products. Innovative approach to treating chronic wounds According to the startup, chronic wounds […]
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Silmäasema acquires 25-year-old Estonian chain of optical stores
We advised the Finnish company Silmäasema Optiikka Oy on acquiring Eagle Vision, an Estonian chain of optical stores. Eagle Vision has been operating for nearly 25 years and owns six stores across Estonia that will continue under the Eagle Vision brand. In 2023, Eagle Vision had a turnover of approximately EUR 2.8 million. Eagle Vision […]