References

We provide independent financial advice on mergers, acquisitions, divestitures, capital raising and corporate restructuring.

Dautcom

Dautkom

Dautkom, the leading independent cable TV and internet service provider in Daugavpils, sold to Baltcom

Undisclosed

Oct 2020

MediCa klinika

Repharm

Repharm AS, the largest Latvian private healthcare group, acquired Lithuanian companies UAB MediCa klinika, UAB Kardiolita, UAB Bendrosios medicinos praktika and UAB Svalbono klinika (the Clinics)

Undisclosed

Sept 2020

Elektrons S

Elektrons S

Elektrons S, a cable TV and internet service provider in Jūrmala, sold to Baltcom

 

Undisclosed

September 2020

Danpower Baltic

Danpower Baltic logo

Sale of 90% shareholding in Danpower Baltic, the largest heat producer in Lithuania, to Idex, backed by Antin Infrastructure Partners

Undisclosed

October 2019

baltcom

Baltcom logo

Sale of 100% of Baltcom, the leading independent cable TV and internet service provider in Latvia, to Bite Group

Undisclosed

September 2019

BaltCap / auto24

auto24 logo

Sale of 100% shareholding in auto24, leading online automotive classifieds player, to Baltic Classifieds Group

Undisclosed

August 2019

Enefit Green

Enefit Green logo

Sale of 100% of 4E Biofond, the owner and the operator of Vinni and Oisu biogas CHPs, to Infortar

Undisclosed

October 2019

Replace

Replace logo

Sale of 100% of Replace, leading European mobile and IT equipment repurchase solutions provider, to Xllnc Group 

Undisclosed

October 2019

Utilitas

Utilitas logo

Sale of 85% shareholding in Utilitas, the largest Estonian district heating utility, to First State Investments

Undisclosed

November 2018

Civinity / UAB Dizaja

Civinity logo

Acquisition of UAB Dizaja and UAB Statinių priežiūra

Undisclosed

August 2018

4energia

4energia logo

Sale of 77% shareholding in Nelja Energia, a leading renewable energy producer in the Baltics to Enefit Green

EUR 488m

May 2018

EUROVIA / TREV-2

TREV-2 logo

Acquisition of 75% of TREV-2 by Eurovia

Undisclosed

May 2018

Draudimas

Draudimas logo

Sale of a €95m portfolio of distressed loans

Undisclosed

March 2018

BaltCap / Magnetic MRO

Magnetic logo

Sale of Magnetic MRO to Guangzhou Hangxin Aviation Technology

EUR 43m

January 2018

Anaerobic Holding

Anaerobic holding

Sale of Anaerobic Holding to BaltCap Infrastructure Fund

EUR 9.45m

December 2017

Lattelecom & LMT

Lattelecom logo
LMT logo

Strategic alternatives review regarding shareholdings in Lattelecom and LMT

Undisclosed

August 2017

Providence Equity / MTG Baltic

MTG logo

Acquisition of MTG's Baltic businesses by Providence Equity Partners

EUR 115m

March 2017

Talot

Talot logo

Acquisition of AS Talot by the company's management

Undisclosed

December 2016

BaltCap / Energate

Energate logo

Sale of Energate to a group of private investors

Undisclosed

October 2016

BaltCap / Tuuleenergia

Tuulenergia logo

Sale of Tuuleenergia to Lietuvos Energija

Undisclosed

January 2016

Putoknis

Putoknis logo

Minority buyout and financing

Undisclosed

January 2016

MB benz

MB Media Benz logo

Advisor to Media Benz Telekomunikacijos on the sale to Sporting Pulse

Undisclosed

September 2015

Leta

Leta logo

Sale of LETA to UP Invest

Undisclosed

August 2015

Balticums

Balticums logo

Sale of Baltikums AAS to Vienna Insurance Group

Undisclosed

July 2015

Billerud / Latgran

Latgran logo

Sale of Latgran to Graanul Invest

EUR 104m

May 2015

Elvi

Elvi logo

Sale of Linde Partika's food retail business to VITA Markets

Undisclosed

May 2015

Northern star

Northern star logo

Sale of Limestone Timberland Fund's forest portfolio to Tornator

Undisclosed

December 2014

Civinity / Jūrmalas namsaimnieks

Civinity logo

Acquisition of Jūrmalas namsaimnieks, a Latvian facility management company

Undisclosed

October 2014

Linas Agro / Lignineko

Lignineko logo

Sale of Lignineko, a subsidiary of Linas Agro, to ECT Trading

Undisclosed

January 2014

PKL

PKL logo

Sale of PKL to Alfons Håkans

Undisclosed

December 2013

Helisota

Helisota logo

Sale of Helisota to Avia Solutions Group

Undisclosed

December 2013

Vapo

Vapo logo

Sale of VAPO Group's Latvian subsidiary AS Seda to Kalloveen Group

Undisclosed

December 2013

Leutuvas

Lietuvas logo

Acquisition of Baltic Post, a parcel terminal business, by Lietuvos Paštas

Undisclosed

October 2013

Hipoteku banka

Hipoteku banka logo

Reorganisation and sale of assets of Latvijas Hipotēku un Zemes Banka

Undisclosed

September 2013

bpt

bpt logo

Sale of BPT Secura's Estonian and Latvian real estate assets

Undisclosed

May 2013

Rigas terminalis

Terminalis logo

Sale of 100% in Rigas Universalais Terminals to Portek International

Undisclosed

April 2013

TD Baltic

TdBaltic logo

Advisor to TD Baltic's management is a management buy-out

Undisclosed

April 2013

Ecoservice

Ecoservice logo

Acquisition of SKT Klaipėda from Alexela Energia

Undisclosed

December 2012

Utilitas / Tallinna Küte & Eraküte

Utilitas logo

Acquisition of Tallinna Küte and Eraküte by Elekter ja Küte 

Undisclosed

November 2012

Altia / Jaunalko

Jaunalko logo

Acquisition of majority interest in Jaunalko by Altia

Undisclosed

September 2012

Veolia

Veolia logo

Sale of Veolia's waste collection operations in Estonia and Lithuania to Alexela Energia

Undisclosed

July 2012

TeliaSonera / TEO tender offer

TeliaSonera logo
TEO logo

Tender offer to minority shareholders in TEO by TeliaSonera

EUR 118m

June 2012

Trigon Agri / Väätsa Agro

Väätsa logo

Acquisition of Väätsa Agro by Trigon Dairy Farming

Undisclosed

April 2012

Televõrk

Televõrk logo

Sale of Eesti Energia's subsidiary Televõrk to Tele2

EUR 25m

February 2012

Dalkia / Tallinna Elektrijaam

Dalkia logo
Tallinna Elektrijaam logo

Sale of Dalkia International's 85% in Tallinna Elektrijaam to the management

EUR 90m

December 2011

Avestis 2011

Avestis 2011 logo

Acquisition of four Lithuanian waste management subsidiaries

Undisclosed

August 2011

Veju spektras

Veju spektras logo

Sale of 30MW wind park to Interrao Lietuva

Undisclosed

April 2011

Kelprojektas

Kelprojektas logo

Sale of Kelprojektas to Baltcap

Undisclosed

January 2011

Elvi

Elvi logo

Sale of Linde partika to Dyaltos Capital

Undisclosed

August 2010

SAS GROUP / Air Maintenance

SAS Group logo

Sale of SAS Group's Air Maintenance Estonia to BaltCap Private Equity

Undisclosed

January 2010

SEB / Nasdaq OMX Nordic

Nasdaq logo

Sale of SEB's holdings in Tallinn and Vilnius stock exchanges to Nasdaq OMX Nordic

Undisclosed

November 2009

Telia Sonera / Eesti Telekom

Telia Sonera logo
Eesti Telekom logo

Public offer for Eesti Telekom by TeliaSonera

EEK 5.1bn (EUR 326m)

October 2009

Telia Sonera / TEO

Telia Sonera logo
TEO logo

Acquisition of 5% in TEO by TeliaSonera

LTL 73m (EUR 21m)

October 2009

Alma Littera

Alma literra logo

Acquisition of Baltų Lankų knygynas

Undisclosed

June 2009

SAS Group holding in airBaltic

airBaltic logo

Sale of SAS Group's holding in airBaltic to the management

SEK 220m (EUR 26m)

January 2009

Izzi

Izzi logo

Sale of Tella Capital to Contaq Latvian Cable

Undisclosed

August 2008

Carlsberg Group / Saku Õlletehas

Saku Õlletehas logo

Acquisition of 25% in Saku Õlletehas by Carlsberg

Undisclosed

July 2008

Nelss Lizings

Nelss Lizings

Sale of Nelss SIA's subsidiary Nelss Lizings to Marginalen

Undisclosed

July 2008

Põlva Agro

Põlva Agro logo

Sale of Põlva Agro to Agrowill Group

Undisclosed

July 2008

Aitecs

Aitecs logo

Sale to Moog, Inc.

Undisclosed

December 2008

Kreditas

Kreditas logo

Sale of Kreditas123 fast consumer credit provider to Societe Generale

Undisclosed

May 2008

Antera

Antera logo

Sale to International Metal Service

Undisclosed

April 2008

Toode

Toode logo

Sale of 50% in Toode to Amber Trust

Undisclosed

December 2007

FFL

FFL logo

Sale of FFL to Premia Tallinn Cold Storage

Undisclosed

November 2007

Dt Mobile / Mosers

DT mobile logo

Acquisition of Mosers by DT Mobile

Undisclosed

October 2007

Presto

Presto logo

Sale of Presto to Sia Coffee Holding

Undisclosed

October 2007

Zetcom by LMT

LMT logo

Acquisition of Zetcom by LMT

Undisclosed

June 2007

SEB

SEB logo

Sale of SEB Group’s real estate portfolio to Homburg Invest Inc

EUR 197

February 2007

LMT / DT Mobile

LMT logo

Acquisition of DT Mobile by LMT

Undisclosed

April 2006

Gjensidige

Gjensidige logo

Acquisition of Parekss Apdrosinasana by Gjensidige Forsikring

EUR 23m

March 2006

SEB / Balta Life

Balta logo

Acquisition of Balta Life by SEB Unibanka

Undisclosed

September 2005

Hansapank

Hansapank logo

Sale of a minority stake in Hansapank to Swedbank

Undisclosed

September 2005

Royal Unibrew

Royal Unibrew logo

Acquisition of Lacplesa Alus by Bryggerigruppen

Undisclosed

September 2005

Moteris

Moteris logo

Sale of Moteris magazine to Ekspress Grupp

Undisclosed

November 2004

Royal unibrew / Cido Partikas Grupa

Cido logo

Acquisition of Cido Partikas Grupa by Bryggerigruppen

Undisclosed

September 2004