About
Ott Aava is a Managing Associate in COBALT specializing in mergers and acquisitions (M&A).
Ott has extensive experience in Estonian and cross-border mergers and acquisitions, advising private equity transactions and investors and companies in fundraising. In addition, Ott has focused on advising start-ups and technology companies. Ott has extensive experience in corporate law matters and shareholder relations.
Ott regularly advises on important purchase and sale transactions and investments in companies, including the sale of shares and assets, financial and strategic investments, and restructuring. Ott has led several long-term projects and complex international transactions involving teams from different jurisdictions.
- Commercial Corporate and M&A – Leading Associate, The Legal 500 2025
- Commercial, Corporate, and M&A – Rising Star, The Legal 500 2024
- Commercial, Corporate, and M&A – Next Generation Lawyer, The Legal 500 2019
- M&A – Notable Practitioner, IFLR1000 2024
Languages
- Estonian, English
Membership & education
- Estonian Bar Association (2011)
- Master of Arts in Law (M.A.), University of Tartu, Faculty of Law, Estonia (2011)
- Erasmus exchange student, University of Helsinki, Finland (2009)
Brightmoat acquires Cone Center OÜ
Defood OÜ acquires UAB “Delano” from UAB “Vilniaus prekyba”
PSA OÜ acquired Pärnu Sadam from AS Transcom
Latvenergo Group’s subsidiary Elektrum Eesti acquires Solarpark Kuusalu
BaltCap invests in FitekIN and ONEA software platforms
BPM Capital finances the Estonian paint manufacturer Eskaro AS
Helmes AS acquires a majority stake in Trinidad Wiseman OÜ
Citi Ventures makes a strategic investment in Modular Technologies OÜ (TUUM)
Modular Technologies OÜ (TUUM) raises 25 million euros in series B financing
Via3L Spedition OÜ won in court against firm’s former managers
The shareholder of Adfactory Group sells part of the shares to Marahrens
COBALT advised Helmes AS on acquiring TeleSoftas UAB
COBALT advised Lightrock on investment in start-up Katana Manufacturing ERP
COBALT advised BaltCap on acquiring Rahva Raamat
COBALT advised NiftyCraft on raising investment
COBALT advised clients on investing in a new technology fund
COBALT advised startup Modular Technologies on raising 1 million euro additional investment
COBALT advised Modular Technologies on raising 15 million euro additional investment
COBALT advised Royal Unibrew on the acquisition of Tanker Brewery
COBALT advised Workland on acquisition of UMA
COBALT advised Elektrum Eesti on the acquisition of three energy companies
COBALT advised Elektrum Eesti on acquiring the Imatra Elekter electricity retail sales business
COBALT advised the sale of Icefire to Checkout.com
COBALT advised Modularbank on raising €4 million funding
COBALT advised the selling of MCF Group Estonia OÜ
COBALT advised AS Helmes on acquiring the shares of T2T
COBALT advised Fortumo on selling its business to Boku
COBALT advised BPM Mezzanine Fund on financing
COBALT advised BP plc on a deal
COBALT advised funds advised by Apax Partners on acquiring the Baltic Classifieds Group
COBALT advises AS RAGN-SELLS on OSA project
COBALT advises BaltCap on selling Fitek
COBALT advised NEXTCLINICS on acquiring F-Est OÜ
COBALT advised Vink Nordic Holding ApS on acquiring Proplastik
COBALT advises MCF Group Estonia on developing a data centre in Estonia
COBALT advised AKA Investment OÜ on acquiring AS Wris
COBALT advised Alexela Oil on the acquisition of 220 Energia
COBALT advised DiDi Chuxing in relation with an investment round of Taxify
COBALT advised Ambient Sound Investment on sale of Ecofleet Holding
COBALT advised Live Nation Finland Oy on acquiring 49% of OÜ Live Nation Baltics
COBALT advised Didi Chuxing on investment in Estonian-based transport app Taxify
COBALT advises Santa Monica Networks on sale of its Finnish-Baltic subsidiaries
COBALT advises BaltCap in acquiring of Selecta business operations in the Baltics
COBALT advised the software company Reach-U (former name Regio) on division
COBALT advises BaltCap in acquiring Baltic operations of financial automation company OpusCapita
COBALT advised the sale of IT company Proekspert
COBALT advised Rubylight as shareholder of popular Q&A service Ask.fm
COBALT advised the sale of BNS
COBALT advised Sports Direct International on purchase transaction