Our News, Events, Deals and Publications
2023 - 11 - 27
The Luxembourg-based investment fund Marguerite closed the sale of its 28.97% stake in AS Latvijas Gāze, the Latvian natural gas trading and sales company, to Energy Investments SIA, a holding vehicle backed by the management team of Latvijas Gāze. The..
2023 - 11 - 13
COBALT assisted the client in the sale of one of the largest household electronics retail chains in Lithuania, Avitelos Prekyba, to the Euronics group. On October 30, Lithuanian retail chain Avitelos Prekyba was sold to Euronics, a technology equipment retail..
2023 - 10 - 24
VKG sold the third biggest electricity distribution company in Estonia VKG Elektrivõrgud to private equity and venture capital investor Baltcap. VKG Elektrivõrgud is a company which sells electrical power and network services. The company’s service area includes Narva, Narva-Jõesuu and..
2023 - 10 - 18
Alexela acquired the remaining 50% stake in its Finnish subsidiary Rohe Solution OY, previously owned by Haminan Energia OY. Rohe Solutions OY is a subsidiary of Alexela in Finland, which sells natural gas and liquefied natural gas (LNG), and related..
2023 - 09 - 29
FootonVolt OÜ sold their portfolio consisting of 13 solar parks (with a total capacity of 18 MW) to KC Energy OÜ. KC Energy OÜ is a joint venture of Kaamos Energy and Combiwood Invest, who develops, constructs, and operates renewable..
2023 - 09 - 18
Nordic Secondary Fund II acquired a 10% stake in Cleveron AS. Nordic Secondary Fund is the first and only fund in the Nordics to exclusively invest in secondaries. Cleveron is a manufacturer of robotics-based parcel terminals and the creator of..
2023 - 08 - 09
BaltCap Private Equity Fund III and the investment company Draugiem Capital have signed an agreement to acquire a majority stake in Latvia-based multi-sector production company Pepi Rer SIA to boost the global expansion of the business. Pepi Rer is renowned..
2023 - 08 - 08
Adfactory Group attracts German signage and advertising technology specialist Marahrens as its strategic partner. After the transaction, the current management will retain the majority shareholding in Adfactory. Adfactory is one of the leading providers of advertising solutions in the Baltics,..