TGS Baltic has advised business-to-business distributor of business essentials OptiGroup on its sale to the FSN Capital VI fund.

Sorainen has promoted nine new Partners in three different countries. Estonia's Kaido Kunnapas and Katlin Krisak, Lithuania's Simonas Skukauskas, Monika Malisauskaite-Vaupsiene, Evaldas Dudonis, Kazimieras Karpickis, and Indre Sceponiene, and Belarus' Ann Laevskaya and Kirill Laptev have all joined the Sorainen partnership at the beginning of 2022.

Pohla & Hallmagi, working with KPMG, has advised on the establishment of e-Governance Academy's subsidiary office in Jamaica.

Sorainen has provided pro bono legal advice for Estonian health technology startup Antegenes on the possibilities of expanding to other countries.

Contributed by Walless.

Sorainen has advised Gjensidige on the SEK 1.4 billion acquisition of Falck Roadside Assistance from Falck Investment Sverige. Gernandt & Danielsson advised the seller.

Sorainen has provided pro bono legal assistance to Triumf Health on the license agreement with local governments in Estonia.

Sorainen has provided pro bono legal assistance to Estonian NGO Peaasjad on data protection and contractual issues.

Similarly to the rest of the world, the major factor affecting every aspect of life is COVID-19, however, despite the crisis, things are going rather well in Estonia, according to Lextal Partner Kristi Sild.

Ellex has advised Lintgen Adjacent Investments S.a.r.l. on the acquisition of the T1 Mall in Tallinn for EUR 55 million.

Former PwC Legal Estonia Head of M&A Rutt Vark will rejoin Ellex’s Estonia office as an M&A Counsel as of January 1, 2022.

The real estate market in all three Baltic States is closely related and, although the legal systems vary a bit, buyers face the same or similar issues. Although important details concerning the purchase of real estate are brought forth in the sale contract drawn up by a notary (in Estonia and Lithuania) or attorney at law (in Latvia), in practice various nuances still tend to be left unattended.

Pohla & Hallmagi has advised on the reorganizing of the ownership structure of the Aparaaditehas property in Tartu, including the buyout of the financial investor and majority shareholder Lohmus Holdings AS by a group of investors.

In my career, I have lived through four crises. In 1991, when I started a legal business, there was a total economic collapse, with a shortage of the most basic essential goods – no furniture or computers, or even proper light bulbs for the office. Then there was the ‘Russian’ crisis of 2000, a crisis of foreign currency and the ruble. The one of 2008-2010 followed. And now we have the COVID-19 pandemic – perhaps not so much an economic crisis as one arising from a climate of uncertainty.

Triniti has appointed Klen Laus as a Partner with the firm’s Estonian practice.

Triniti has advised Krakul Holding on the sale of its Krakul subsidiary to Bercman Technologies. Ellex advised the buyer.

Walless has advised UK healthcare company Everything Genetic on its EUR 500,000 investment into and strategic partnership agreement with Estonian health technology company Antegenes. Myerson Solicitors reportedly advised Everything Genetic on English law.

While no major plots or surprises were witnessed during the latest presidential and local elections, Estonia’s recent legislative developments might have a significant impact on the business sector, according to Walless Partner Rolan Jankelevitsh.