Sorainen
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Sorainen advised venture capital fund Open Circle Capital on launching operations in Lithuania. Open Circle Capital is a EUR 20 million early-stage venture capital fund focused on technology companies in the fields of information and communication technologies, robotics and high-tech. Comments Audrius Milukas, manager of Open Circle Capital and one of its partners: “We are […]
Sorainen acted as the Estonian legal advisor to Intrum in divesting Lindorff’s business in Estonia along with Lindorff’s business in Denmark, Finland and Sweden as well as Intrum Justitia’s business in Norway to Lowell. Offering debt collection and debt purchase as well as payment and invoicing services, the divested group operates in five markets and […]
KONE, a global leader in the elevator and escalator industry, invested in the Estonian startup Indoor.Ninja, a developer of cloud-based visitor management services, in an effort to improve and automate the check-in experience for office building visitors. Sorainen Estonia performed legal due diligence of the target and drafted transaction documents. The Sorainen team advising KONE included […]
Sorainen advised Blue Ocean Invest on the sale of 100% shares in Interneto partneris – the largest online flight ticket seller in the Baltic States. The new platform owner, Otravo Group, is a market leader in (online) air travel sales in Benelux and Scandinavia. Interneto partneris operates online platforms “greitai.lt” in Lithuania, “flysiesta.lv” in Latvia, […]
Sorainen advised Finland-based Oriola on the sale of its Baltic business to Oribalt Group, controlled by the management of Oriola Baltic subsidiaries. Completion of the transaction went public on 19 October 2017 when Oriola announced that in early August 2017 it had signed an agreement to sell its Baltic businesses. Oriola’s Baltic businesses comprise the […]
