TRINITI advised Lemonade Stand, new Estonian pre-seed & seed stage investment firm in one of its first investments. Lemonade Stand lead a round of 600 000 eur into ProcurementFlow, cloud-based software company for fully digitized procurement workflow. The other investors included Pipedrive co-founder Martin Henk, and Bolt co-founder Martin Villig, AdCash founder Thomas Padovani, Bellone Invest, Stagnation Lab, Katana MRP co-founder Kristjan Vilosius, Skeleton Technologies founders Taavi Madiberk and Oliver Ahlberg. TRINITI team consisting of Ergo Blumfeldt, Ain Kalme and Maarja Lehemets assisted the client in carrying out due diligence of the company and negotiating the financing documentation.
We advised DeRoyal Estonia, a company with US background, in the compliance process performed by the bank in meeting the requirements for keeping the bank account open. DeRoyal Estonia belongs to DeRoyal group. DeRoyal is a US-based international manufacturer and marketer of healthcare products. DeRoyal’s portfolio includes, for example, surgical equipment, orthopedic softgoods and wound dressings. DeRoyal has manufacturing assets on three continents, operations in six countries and a total of 1,900 employees.
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.
TRINITI provides the security agent’s service to the investors of the Alexela Tanklad OÜ bonds. The bond securities provided by the issuer are held in the interests of the investors by TRINITI’s 100% subsidiary company
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
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
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 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 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
Our Transactions team advised the Republic of Estonia, acting through the Ministry of Economic Affairs and Communications, in connection with the negotiations of the shareholders agreement of RB Rail AS, the joint venture created by three Baltic governments for the construction of Rail Baltic, a 5 billion EUR convenitional-fast European standard-gauge electrified railway from Tallinn to the Lithuanian-Polish border.