Sorainen Lithuania represented the shareholders of Adnet media, the largest online advertising network in the Baltic States, in signing a share sale-purchase agreement with Ekspress Grupp, a leading media group in the Baltic States, where it holds such leading news portals as DELFI, alio.lt and others. Under the agreement Ekspress Grupp agreed to buy out […]
Sorainen assisted Intelligent Communications, developer of the ‘Trafi’ mobile application, a prominent Lithuanian start-up and leading IT and e-solution provider and a Norwegian company specialising in electronic manufacturing services and operating in Sweden, Lithuania, Germany, China and USA with more than 1,350 highly skilled employees. Sorainen tax specialists advised several clients in structuring employee share […]
Deals & Cases / Toomas Prangli, Isabella Barbara Tisenhusen, Jānis Bite, Viktorija Cherkas, Toms Vilnis
Sorainen is advising French payments company Worldline on the acquisition of payment processors First Data Lietuva, First Data Latvia, and First Data Eesti (together “First Data Baltics”). Worldline, a European leader in the payments and transactional services industry employing over 8,700 people worldwide and with estimated yearly revenue of approx EUR 1.5 billion, signed an agreement with […]
Deals & Cases
Eltel has sold its business operations in Latvia in a management buy-out whereby Jurijs Kokoreviès (District Manager at Eltel) acquired 100% of the shares in Eltel Networks. Eltel is a leading Northern European provider of technical services for critical infrastructure networks – Infranets – in the segments of power, communication and other. Company’s operations spread […]
Sorainen Belarus supported Gett, a global on-demand mobility company, in the acquisition of its rival Juno, an Israel-based transportation app with an R&D center in Belarus. The team, led by partners Maksim Salahub, Kiryl Apanasevich, and senior associate Kirill Laptev, provided local advice on select matters related to transaction structure, conducted due diligence of Juno’s […]
