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Sunly raises EUR 300 million to expand its production capacity
We advised Sunly, a renewable energy producer, on raising EUR 300 million from Scandinavian and French investors for the construction of solar, wind, storage, and hybrid parks with a total capacity of 1.3 GW. The investment will be used to build large-scale hybrid parks in the Baltics and Poland, contributing to the availability of renewable […]
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Saferoad’s acquisition of GATAS will accelerate the development of the Lithuanian transport infrastructure sector
We advised a road safety supplier Saferoad on signing an agreement to acquire UAB GATAS. With this deal, Saferoad and GATAS will form a joint service business, strengthening road safety in Scandinavia, Lithuania, Poland, and the wider EEA area based on the combined know-how of both sides. Saferoad, headquartered in Oslo, Norway, operates in 13 […]
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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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Level Up Entertainment acquired a stake in the Estonian iGaming company Sisu Tech
We advised the Malta-based gambling industry investment firm Level Up Entertainment on acquiring an undisclosed stake in the Estonian iGaming company Sisu Tech. The consideration was EUR 9 million. The funding round, which successfully raised EUR 14 million for product development, was led by Level Up Entertainment, whose substantial investment of EUR 9 million strongly […]
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Booking Group and Chemispec acquire a sizeable office building in Latvia
We are happy to have assisted our clients Booking Group and Chemispec in a transaction for the acquisition of a 10,500 m² office building, located on Meistaru iela, Valdlauči, Ķekavas novads, Latvia, from Laurus Gene UAB. The office building is well-known as the current headquarters of SEB banka in Latvia. Our assistance We assisted our […]