Mergermarket Legal Advisory Rankings tops COBALT for 1H 2024 in CEE

COBALT is recognized as the leading law firm in the Central and Eastern Europe (CEE) region for the number of deals advised on during the first half of 2024, according to the mergers and acquisitions (M&A) rankings released by Mergermarket.

Our M&A team advised on a total of 24 ranked deals worth more than USD 72 million across Estonia, Latvia, and Lithuania, achieving the highest number of deals within the CEE region.

In the first six half of 2024, some of our most significant deals are included in the rankings:

1. Software development company Helmes acquires a majority stake in service design and digital transformation company Trinidad Wiseman
2. MMC Ventures invested in cybersecurity software start-up BotGuard
3. Venture capital companies Practica Capital and Impellent Ventures invest in start-up Evergrowth
4. Viola Credit provides EUR 100m debt facility to B2B BNPL fintech Hokodo
5. Business angels and Firstpick invests in Softloans
6. Modular Technologies OÜ (TUUM) raises EUR 25 million in series B financing
7. Shareholders of TMB Element sells their shares to INHUS
8. Owner of Avalanche Laboratory OÜ sells the company to Insuro Technologies
9. Combiwood Group acquires the Estonian wood supply business from Metsä Group
10. 1242 Apps acquires shares in technology start-up Chili Labs
11. Wood pellets manufacturer UAB Granulita becomes part of GreenGroup
12. Latvian Arbo Windows acquires Lithuanian Arlanga Wood

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 2024.