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Mergermarket recognizes COBALT as No. 1 Baltic Law Firm in the CEE region


COBALT is recognized as No. 1 Baltic Law Firm in the CEE region by the number of deals advised in 2019, according to M&A reviews presented by the international business news agency Mergermarket. According to the Mergermarket data, COBALT ranks fifth among all firms in the region. In 2019, COBALT advised a total of 23 deals in Estonia, Latvia and Lithuania.

During 2019, COBALT advised the Apax Funds on acquiring 100% of the shares in Baltic Classifieds Group OÜ, a company holding of a portfolio of online classifieds ads services in the Baltics, represented BaltCap fund, which sold 95% of Fitek Holding shares to Belgium-based financial technology group UnifiedPost Group, acted as legal advisor to STADA Arzneimittel in the Baltics in acquisition of Central Europe's leading consumer healthcare company Walmark from Mid Europa Partners, advised INVL Baltic Forest Fund I on the sale of 4.3 thousand hectares of forest in Lithuania, and many more.

In the rankings, COBALT is featured alongside such international legal services market leaders as CMS, DLA Piper, Clifford Chance, White & Case, and others.

Mergermarket is a database for Mergers and Acquisitions (M&A) professionals. Mergermarket analyses and reviews transaction strategies and trends around the world. More than 300 journalists from 67 countries and territories around the world contribute information to the database. In assessing the activities of legal advisers, Mergermarket relies on completed M&A transactions worth more than USD 5 million.

An overview of Mergermarket Mergers & Acquisitions can be found here.