COBALT is recognized as a market-leading law firm in the Central and Eastern Europe (CEE) region for the number of deals advised in the first half of 2023, according to mergers and acquisitions (M&A) rankings presented by Mergermarket. Our team advised on a total of 16 ranked deals worth more than USD 119 million in Estonia, Latvia, and Lithuania, ranking second overall in the CEE region by deal count.
Some of our biggest deals in the first half of 2023 included:
- Hansab selling its majority stake to BaltCap;
- TOODE AS sale to Kingspan Group;
- 888 Holding Plc selling its indirect shareholding in two Latvian subsidiaries to Paf Consulting Abp;
- Linas Agro Group acquiring Grybai LT;
- Adampolis Holding UAB acquiring the MAN Truck & Bus Finland business;
- BaltCap acquiring Senior Baltic SIA;
- SCHWENK acquiring a majority stake in Betoonimeister;
- Equity investor’s USD 30 million investment in the robotic services provider Aerones;
- PLAY acquiring Latvian technology start-up Veset;
- ARKANCE acquiring a software development company SBS Group;
- Private equity fund manager BaltCap acquiring HansaMatrix;
- An investment fund PREF III acquiring the business and retail centre “Domus Pro”.
Mergermarket is an independent provider of mergers and acquisitions intelligence, boasting a comprehensive global library of historical M&A transactions. Its M&A league tables have become an industry standard among investment professionals, offering comprehensive market analysis on firm performance.
Click here to view Mergermarket’s full M&A league tables for 1H 2023.
