Deals and cases

TGS Baltic advised BaltCap on the acquisition of Lithuanian meat processing company Krekenavos agrofirma

TGS Baltic advised one of the largest private equity investor BaltCap on the acquisition of the Lithuanian meat processing company Krekenavos agrofirma. It is the first investment of BaltCap Private Equity Fund III (BPEF III) established by BaltCap earlier this year, which amounts to EUR 136 million.

TGS Baltic advised shareholders of MILVITEKA, Lithuanian market leader in manufacturing and installation of bulk handling solutions, on the company's sale to PRECIA MOLEN

On December 11, PRECIA MOLEN, France's industrial and commercial weighing leader, acquired 100% of UAB MILVITEKA. As it is stated in public disclosure, this acquisition will help to widen PRECIA MOLEN product and service range and will reinforce its presence in Russia, Scandinavia and Eastern European countries. The CEO of the company who was one of the shareholders before the acquisition will keep his position in MILVITEKA.

TGS Baltic assisted Inspired, a leading global premium schools group, with entering into transaction with British schools group, King’s College.

TGS Baltic in co-operation with Baker McKenzie assisted Inspired, a leading global premium schools group, in the transaction whereunder King’s College, the premier British schools group, joined Inspired.

TGS Baltic – part of the largest office deal in the history of the Baltics worth EUR 156,1 m

Deka Immobilien, a German real estate manager, acquires from Norwegian Schage Eiendom AS the Quadrum BC in Vilnius, Lithuania. This sale represents the largest office transaction ever in the Baltic region and it is expected to close within about two months, subject to competition authority approval.

TGS Baltic assisted SIA Brain Games with the acquisition of Lithuania’s wholesaler and retailer of board games and toys UAB New Media Publishing

TGS Baltic assisted Latvia’s board games company SIA Brain Games with the acquisition of Lithuania’s wholesaler and retailer of board games and toys UAB New Media Publishing

TGS Baltic advised Naspers Ltd with regard to an investment into UAB Dappradar

TGS Baltic advised Naspers Ltd, a global internet group and one of the largest technology investors in the world, with regard to an investment into UAB Dappradar, offering a platform for distribution and analysis of decentralised apps. The company raised funding in the amount of EUR 2.33 million. It is the largest investment in the Baltics raised during the seed round phase.

TGS Baltic advised on the transfer of UAB KS Investicija shares and on signing the biggest office space deal in the Baltics with UAB Tesonet

TGS Baltic advised AB Avia Solutions Group in its merger to a company in Cyprus

Vidmantas Drizga, a Partner at TGS Baltic, the head of the Manufacturing Industry Group, and his team advised AB Avia Solutions Group in its cross-border merger to a subsidiary in Cyprus.

Advising JPJ Group plc on the acquisition of Gamesys (Holdings) Ltd

TGS Baltic’s M&A team, consisting of partner Kadri Kallas and junior counsel Mirko Kikkamägi, advised London-listed online gaming operator JPJ Group plc on the Estonian law aspects of its £490m conditional acquisition of Gamesys (Holdings) Limited.

Advising Creandum on making an investment into Klaus

TGS Baltic advised Creandum, the leading European early-stage venture capital firm, on making an investment into the Tallinn-based startup Klaus (formerly Qualitista), a customer support platform.

TGS Baltic advised in selling 100% of shares in Medicinos paslaugų grupė

TGS Baltic Partner, Head of Private Equity and Venture Capital industry group Aurimas Pauliukevičius with a team of lawyers advised LitCapital (private equity fund management company) and Ms. Jūratė Dambravienė in selling 100% of shares in Medicinos paslaugų grupė (Medical Services Group) to Affidea Lietuva, a company providing radiological diagnostic services.

TGS Baltic assisted LitCapital and Asgaard to sell shares of Baltik Vairas

TGS Baltic advised private equity fund LitCapital and Danish investment company Asgaard A/S in selling 100% of shares in Baltic Bicycle Trade, a company controlling Baltik vairas, a bicycle manufacturer in Šiauliai.

Advising on the divestment of KAFO Eesti

TGS Baltic advised on the divestment of the seller of coffee dispensing machines and coffee KAFO Eesti to Lithuanian wholesale group Eugesta.

TGS Baltic advised KŪB Koinvesticinis Fondas on investment in artificial intelligence start-up Attention Insight

TGS Baltic advised KŪB Koinvesticinis Fondas which together with the Lithuanian Business Angel Network (LitBAN) and venture capital fund Open Circle Capital invested EUR 200,000 in the artificial intelligence start-up Attention Insight, the developer of a product intended for the mass media.

Advising TBD-Biodiscovery on involving a Dutch investor from SEAL Investments B.V.

TGS Baltic's team, led by partner Leonid Tolstov, advised the leading Estonian biotechnology company TBD-Biodiscovery and its sole shareholder on involving a Dutch investor from SEAL Investments B.V., who acquired 30% of the company's shares and will be investing a total of EUR 4.5 million in the company in the next few years. This is one of the largest foreign investments in an Estonian biotechnology company.

TGS Baltic advised Smart Energy Fund powered by Lietuvos Energija on investment in Moixa

TGS Baltic  advised Smart Energy Fund powered by Lietuvos Energija on its investment in Moixa, a UK-based company developing smart energy storage devices and virtual power plant technologies.

Advising selling the shares of Vopak E.O.S. to Abu Dhabi based Liwathon

TGS Baltic's M&A team led by partner Kadri Kallas advised Royal Vopak N.V and Global Ports Investments PLC in selling the shares of Vopak E.O.S., the largest independent oil terminal operator in the Baltics, to Abu Dhabi based Liwathon. The new name of the logistics company will be Liwathon E.O.S.

TGS Baltic advised UAB XXT, controlled by UAB M.M.M. projektai

TGS Baltic advised UAB XXT, controlled by UAB M.M.M. projektai, on selling the S7 office complex to Eastnine, a Swedish investment company. The transaction is a record transaction in the office real estate segment in the Baltic States and by far the largest acquisition of commercial real estate in recent years.

TGS Baltic advised KŪB Koinvesticinis fondas on investment into the innovative start-up MOREmins Ltd.

Koinvesticinis Fondas and 5 other angel investors have invested €750,000 in the start-up which have already enabled 8 countries to make much cheaper calls to mobile or landline phones of subscribers in other countries.