We assisted the Wildix group in securing an investment from Livonia, one of the largest private equity investors in the Baltic region. Wildix is an innovative software company focused on cloud and browser-based unified communications solutions and VoIP products. Wildix has been recognised as one of the leading players in UCaaS.
The purpose of the transaction was to facilitate the transfer of 11% of Wildix’s shares and to secure a strategic investment, enabling Wildix to focus on continuously improving its product lines. According to the co-founder and CEO of Wildix, Steve Osler, this transaction makes possible the rollout of x-hoppers, a retail-focused solution set to revolutionise the future of retail communication.
Our services and client team
We advised Wildix throughout the entire transaction, including drafting transaction documentation (also covering the loan and collateral documents) and leading negotiations on the transaction terms, as well as providing support for the signing and closing of the transaction.
The Sorainen team consisted of partner Piret Jesse, counsels Jane Eespõld and Hetti Lump-Kivisaari, senior associates Robin Teever, Kamilla Alma Vilderson and associate Kadri Puu.
