Sorainen
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Sorainen advised venture capital fund Open Circle Capital on investing in fast growing ad exchange startup SixAds created for webstores. Open Circle Capital is interested in technology companies in the fields of ICT, robotics and high-tech. SixAds demonstrates a fast growing number of customers and revenue, along with global ambitions, all of which are in […]
Sorainen as local counsel advised CEMEX, a leading global building materials company, on the sale of its activities in Scandinavia and the Baltic states to Schwenk, a building materials group headquartered in Ulm, Germany. The purchase price is approx EUR 340 million. In Latvia, Schwenk is taking over a cement production plant with a production […]
Sorainen assisted Los Angeles and Tallinn based technology startup Brainbase in announcing a USD 1 million seed round. The round was led by Tera Ventures, with participation from Sterling Road and several angel investors. Funds obtained will be used to continue developing the company’s debut product, Brainbase Assist, a tool for brands and licensees to […]
Sorainen provided full legal support in structuring and incorporating Iron Wolf Capital Fund, which is a fund in the form of a limited partnership. The expected size of the fund is around EUR 25-30 million. The fund will focus on investments in high-growth potential early-stage SMEs engaged in, or planning to be engaged in, R&D […]
Sorainen advised Canadian Forest Products (‘Canfor’) in acquiring Vida Packaging Eesti. The transaction is connected to Canfor’s 70 percent acquisition of Swedish company VIDA Aktiebolag. “With the acquisition of VIDA, we are excited to become a truly international manufacturer and provider of wood product solutions for our global customers,” said Don Kayne, President and Chief […]