Sorainen cross-border team assisted global leading BPO and customer experience company Webhelp in the acquisition of the majority of the share capital of top multilingual nearshore firm Runway BPO. Runway, which is headquartered in Riga – Latvia, brings an additional nine multilingual centres and 1,000 people across Latvia and new countries for Webhelp; Estonia, Lithuania, […]
Sorainen advised Nordcurrent, the largest game development studio in the Baltic region, on acquisition of Ukrainian game development and animation studio Blam! Games Studios. After the acquisition, the Odessa-based company, currently employing 40 people, became the Nordcurrent Odessa office. The value of the transaction is undisclosed. Blam! Games Studios, established in 2009 in Ukraine, has […]
Deals & Cases / Laimonas Skibarka, Vytautas Sabalys, Juliana Pavilovska, Laura Matuizaitė-Mikštė
Sorainen advised NanoAvionics, a Lithuanian start-up manufacturing satellites, on securing an investment from AST&Science to support the company’s operational expansion globally. Under the terms of the investment, AST&Science has acquired all shares from venture capital firm Practica Capital and made an additional investment in NanoAvionics’ capital assets. NanoAvionics is a small satellite platform manufacturer and […]
Sorainen advised venture capital fund Open Circle Capital on its first investment – in Lithuanian start-up Tipi. The company develops information management and communication solutions for teamwork. Open Circle Capital invested along with Silicon Valley fund Sway Ventures and a group of private investors from the USA, the UK, France, Lithuania and Singapore. Total investment […]
Sorainen advised Dense Air – an operating company within the Airspan Group, that provides wholesale shared “neutral host” 4G LTE mobile network densification and extension services – on Latvian telecom regulation as it relates to the acquisition of radio spectrum. Client was advised by partner Agris Repšs and senior associate Andris Tauriòš.