Exclusive Networks, a global cybersecurity go-to-market specialist, announces the acquisition of 100% of DAN Distribution SIA, a leading distributor of cutting-edge cybersecurity solutions in the Baltic States.

This acquisition empowers Exclusive Networks to create new growth opportunities for its vendors across Estonia, Latvia, and Lithuania, while further solidifying its position as Fortinet’s leading global distribution partner.

The COBALT M&A team provides full legal support to Exclusive Networks throughout the transaction process, including conducting legal due diligence, preparing transaction documents and assisting the client in the negotiations. In parallel, our Competition team provides full legal support for regulatory filings, specifically handling Foreign Direct Investment (FDI) clearance in Estonia and merger clearance in Lithuania.

The team is led by Partners Guntars Zīle and Uģis Zeltiņš, and includes Senior Associates Diāna Zepa, Ivo Maskalāns and Agnese Gerharde, and Associate Vadims Zvicevičs from Latvian office, alongside Partners Elo Tamm and Rasa Zaščiurinskaitė and Senior Associates Augustinas Petkevičius and Manvydas Borusas, and Associate  Kristo Pullerits from Estonia and Lithuania offices.

Official Exclusive Networks announcement.