Superia ranked as the #1 M&A adviser in the Baltics by number of transactions
Superia is pleased to announce that it has been ranked as the leading M&A financial adviser in the Baltics for 2025 by transaction count.
According to the 2025 League Tables published by Mergermarket, the global leader in M&A intelligence, Superia secured the #1 position by total number of completed transactions, advising on more deals in Estonia, Latvia, and Lithuania than any other financial advisory firm. The ranking underscores Superia’s role as the most active independent adviser in the region.
Despite a complex global macroeconomics backdrop, Superia’s team successfully executed a series of high-profile mandates over the 2025 qualification period, including:
- Advising the shareholders of Defendec, the leader in AI-powered autonomous surveillance solutions, on the 100% sale to Vosker;
- Advising the shareholders of Airwave, the leading HVAC distributor in the Baltics, on the 80% sale to Beijer Ref;
- Advising BaltCap and other shareholders of Livin, the leading healthy lifestyle retailer in the Baltics, on the sale to Ogmius Group;
- Advising airBaltic on their sale of minority stake to Lufthansa Group, a landmark transaction in the regional transportation sector;
- Advising Novaturas on the sale of a minority stake to a private aviation, tourism and real estate investor;
- Advising the shareholders of AMMUNITY, the leading private ammunition manufacturer in the Baltics, on the sale to Scandinavian Astor Group;
- Advising Egmont, the Danish media group, on the divestment of its children’s book and magazine publishing division, to BaltCap;
- Advising Candy POP on the acquisition of the Latvian candy store chain Snack’O Land.
“Our position at the top of the Mergermarket league table reflects the high level of activity we maintained across all three Baltic countries throughout 2025,” said Henrik Igasta, Managing Partner at Superia. “This result is a direct reflection of the trust our clients place in us and the commitment of our team in Tallinn, Riga, and Vilnius to navigating complex deal processes and achieving successful outcomes for our clients.”
This result follows a year of sustained momentum and reinforces Superia’s position as the preferred financial adviser for both regional entrepreneurs and international corporations seeking execution excellence in the Baltics.