COBALT advises BaltCap, the leading dedicated private equity and venture capital investor in the Baltic States, in the contemplated acquisition of Baltic subsidiaries of Selecta Group. Selecta is a leading vending and coffee services company in Europe. Closing of the transaction is subject to approval by the competition authorities.
COBALT has performed legal due diligence on the target companies in all three Baltic States, and provided full legal support with transaction documentation drafting and negotiations. COBALT team included Partner and Head of Transactions Practice Group Guntars Zile and Senior Associate Elina Locmele from COBALT Latvia, Senior Associate Ott Aava and Associate Liina Saaremets from COBALT Estonia and Associates Audrius Slažinskas and Justinas Šileika from COBALT Lithuania.