Major Assignments - Mergers & Acquisitions

Advising Wolt in share transfer

We advised Wolt in reorganising its Estonian entity ownership structure. Our assignment included the drafting and closing of the share purchase agreement.

Wolt is a technology company providing an online platform for food ordering and delivery service. It was founded in 2014 in Finland and has since expanded to 11 countries and to over 30 cities

Acquisition of Kaarli Hambapolikliinik OÜ

We advised the sellers in so far the biggest acquisition transaction in the field of dental care in Estonia by which DenCap Investeeringud OÜ, owned by BaltCap Private Equity Fund, acquired Kaarli Hambapolikliinik OÜ. Our task included the negotiation of the transaction documents as well as assistance in preparing the transaction. Kaarli Hambapolikliinik OÜ provides dental care services in 43 modern dental care cabinets located at Toompuiestee, Sõpruse puiestee and Ülemiste in Tallinn.

Estonian Environmental Research Centre acquired rights to air quality system from Swedish Meteorological and Hydrological Institute

We advised Estonian Environmental Research Centre in acquisition of IP rights in Airviro air quality management system. Estonian Environmental Research Centre replaced the former co-operation partner Swedish Meteorological and Hydrological Institute among the owners of the Airviro system and  continues to develop the Airviro software in co-operation with Apertum IT AB as software and commercial partner

Äripäev acquired the biggest IT trainings company in Estonia

We advised AS Äripäev in a transaction where Äripäev acquired 100% shares in the training company IT Koolituskeskuse OÜ from AS Telia Eesti. We assisted Äripäev in drafting the letter of intent, conducting the legal due diligence, drafting and negotiating the share purchase agreement and closing of the transaction. Read more

TRINITI provided legal services in transfer of the gambling company

UAB “Baltic Bet”, a company engaged in gambling business in Lithuania, was sold to a Swedish company Lifland Gaming Group in September. TRINITI provided legal assistance to the shareholders of UAB “Baltic Bet” during the negotiations and while the successful closing of the transaction. UAB “Baltic Bet” is one of a few companies in Lithuania that has a permit to organize on-line gambling activities. TRINITI lawyers, led by the partner Vytautas Kalmatavičius, successfully accomplished already the third project where a client working in the gambling business was represented.

Advising Estonia’s largest manufacturer of upholstered furniture Bellus in merger transaction

Triniti’s transaction team advised Bellus Group companies Bellus Furniture Ltd and Bellus Beds Ltd in a merger transaction and in making corporate changes. As part of our assignment we prepared the transaction, drafted the transaction documentation and helped to close the transaction. Read more

Collateral Agent service for the bonds to acquire Sanoma Baltics AS

We provide Collateral Agent service for the acquisition of Sanoma Baltics AS, a company operating advertisement portals auto24.ee and kuldnebors.ee. The company was acquired by leading private equity and venure capital investor BaltCap and the Estonian management of the company. The transaction was partly financed by LHV pension funds under the bonds issued

Acquisition of Kaarli Hambapolikliinik

We advised the investors aquiring the largest dental care company in Estonia, Kaarli Hambapolikliinik OÜ. Our assignment included drafting the transaction documentation and assistance in preparation of the transaction. Kaarli Hambapolikliinik OÜ provides dental care services in 40 modern treatment rooms in three clinics – Kaarli Hambaravi, Sõpruse Hambaravi and Ülemiste Hambaravi. The company also holds Kaarli Dantal Lab

LOT acquired share in Regional Jet OÜ

LOT Polish Airlines acquired 49% of the share capital of Regional Jet Ltd, until now entirely owned by the Estonian national carrier AS Nordic Aviation Group which operates under the NORDICA brand. TRINITI legal team advised Nordica in the share sales and shareholder agreements negotiation, merger control procedures and closing of the transaction.

We advised purchase of office building in the centre of Tallinn

We advised Estonian real estate developer Helicom OÜ in acquiring an office building located in the centre of Tallinn from Seesam Insurance AS. As a result of the sale-and-lease-back transaction the fifth largest insurance company in Estonia will continue using the building. The assignment of TRINITI team included negotiation of the terms of the purchase and lease agreements and closing of the transaction