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Cobalt Advises BaltCap on Entering Latvian Social and Healthcare Sector

Cobalt Advises BaltCap on Entering Latvian Social and Healthcare Sector

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Cobalt has advised the BaltCap Private Equity Fund III – acting through its subsidiary Adoro – on acquiring the assets of Dzives Abece.

Dzives Abece is a social care center in Latvia, founded in 2018 and operating a 97-bed facility in Riga.

According to Cobalt, “with the investment, BaltCap aims to diversify the range of high-quality care services in Latvia for seniors and other client groups, such as post-treatment rehabilitation and dementia patients.”

Cobalt’s team included Partner Guntars Zile, Senior Associates Diana Zepa and Juta Meimere, and Associate Arturs Valdersterns.