We advised Portage Ventures, leader of the investment round joined by existing investors Blackfin Capital Partners and Karma Ventures, on a EUR 15 million investment into Tuum, a Tallinn-based fintech. Strengthening EU and UK presence The round will enable the core banking technology provider – formerly known as Modularbank – to continue investing in product […]
We have once again contributed to the Cross-border Corporate Mobility Project led by Maastricht University. Its sixth edition “Cross-border Corporate Mobility in the EU: Empirical Findings 2021” focuses on cross-border mergers, cross-border conversions, cross-border divisions as well as on SEs within the period 2001 to 2020. Our Partner Karin Madisson and assistant lawyer Hanna-Elise Rähni have provided […]
Although the total value of the largest published transactions has not been that huge in Latvia in 2021, the volume of the deal activity has still been impressive, keeping M&A advisors very busy, notes Eva Berlaus, head of our Corporate and M&A practice group in Latvia. Large multi-nationals looking for manufacturing targets in Latvia An […]
Mergers and acquisitions activity in 2021 not only easily surpassed the pre-pandemic level, but also hit the all-time record by a considerable margin (the previous deal count record was exceeded by more than 50%). There were a number of factors that contributed to such an extraordinary rise. Due to the pandemic, some deals from 2020 […]
We advised Veriff, a global identity verification service company founded and headquartered in Estonia, on raising USD 100 million in Series C, its biggest funding round yet. The round was co-led by Tiger Global and Alkeon, joined by existing investors IVP and Accel. Ninth unicorn in Estonia The latest round brings Veriff’s total funding to […]