We assisted Foxway, one of the fastest-growing IT lifecycle companies in Europe, in acquiring the German recommerce business Flip4. Building a strong position in Germany With Germany being one of the largest markets in Europe, the transaction is an important part in Foxway’s strategy to become the leading company in the reuse, repair and sourcing […]
We assisted Sweden-based Addnode Group in acquiring S-GROUP Solutions – a software company specialising in business-related GIS solutions for municipalities, water and sewage organisations, and real estate measurements. Addnode Group, listed on Nasdaq Stockholm, is one of Europe’s leading suppliers of software and services for design, construction and product data, and a leading supplier of document […]
In Q1 of 2021, the Baltic mergers and acquisitions (M&A) market shattered the record for the number of deals in a quarter, formerly held by Q1 of 2018. The value of announced deals in Estonia, Latvia and Lithuania set another record, totalling EUR 925 million according to the Mergermarket’s “Global & Regional M&A Report 1Q21”. […]
We advised Veriff, a global identity verification service company founded and headquartered in Estonia, in raising USD 69 million, its biggest funding round yet. The investment was led by IVP and Accel and empowers Veriff to meet accelerated global demand for AI-powered, video-first approach to identity verification. Highest Series B amount raised to date in […]
We advised private equity company ConHostinger (Germany) on acquiring a minority stake (approx. 31%) in Hostinger – a company with a world-wide presence, providing web hosting, VPS, internet domain registration and website building software, as well as e-mail services. Transaction reflects larger TMT sector trends This is the second major investment in a Lithuanian technology […]
