Hawk Infinity AS, the Norway-based investment company, has finalised the acquisition of an 80% stake in Latvia-based ATOM Tech SIA (known as ATOM Mobility), marking a significant expansion of its European software portfolio.
The acquisition of the Latvian mobility technology company, ATOM Mobility, is part of a larger investment round that also included the purchase of Germany-based Vistra GbR and Apicon GmbH with the total approximate enterprise value of EUR 40 million (NOK 438 million). The deal integrates ATOM Mobility’s vehicle-sharing and ride-hailing platforms into Hawk Infinity’s expanding suite of business software and SAP interface solutions.
COBALT provided full legal support to Hawk Infinity during the transaction, including conducting legal due diligence of the target, preparing transaction documents and assisting the client in the negotiation process. The COBALT Lithuania team was led by Partner Elijus Burgis and Specialist Counsel Žygintas Voronavičius. The Latvia office team was led by Partner Toms Šulmanis and Senior Associate Diāna Zepa, and included Specialist Counsel Līga Fjodorova, Senior Associates Kristīne Rāviņa and Marija Berdova.
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