Deals and cases

Deals and cases

Browse our deals and cases

Filter information in our deals and cases database

  • 29.05.2024

    TGS Baltic advised NIB on granting an investment loan of EUR 16.1 million to TKM Kinnisvara AS to finance the construction of a logistics center. 

    TGS Baltic advised Nordic Investment Bank (NIB) on granting an investment loan of EUR 16.1 million to TKM Kinnisvara AS, a member of the TKM Group, to finance the construction of a logistics center. 

    More
  • 16.11.2023

    TGS Baltic advised European Investment Bank (EIB) on signing a €25 milion agreement with Klaipėdos vanduo

    The European Investment Bank (EIB) has signed a €25 million loan agreement with "Klaipėdos vanduo", the municipal water company in the Lithuanian city of Klaipėda, supporting its 2023-2026 investment programme. 

    More
  • 12.09.2023

    TGS Baltic advised Värska Originaal, the leading mineral water producer in Estonia, on a buyout of its minority shareholders and refinancing of the company

    TGS Baltic acted as a legal adviser to Värska Originaal and its shareholders. Our team advised on negotiating the terms of the transaction in which the client acquired additional shares of Värska Originaal.

    More
  • 02.06.2023

    TGS advised shareholders of Eesti Digiraamatute Keskus (EDRK) on the sale of a minority stake in EDRK to PE fund BaltCap

    EDRK is the absolute market leader in digitalizing books in Estonia. TGS advised the client during the negotiating the transaction documents and closing the transaction.

    More
  • 20.11.2022

    TGS Baltic assisted Invego OU in relation to their rapid expansion in Latvia.

    TGS Baltic has been engaged by Estonian origin real estate developer Invego OU in relation to their rapid expansion in Latvia.

    More
  • 17.02.2021

    TGS Baltic assisted Overkill Ventures with its investments into and exit from US company AXDRAFT

    TGS Baltic assisted limited partnership Overkill Ventures Fund I AIF managed by SIA Overkill Ventures AIFP with its investments into and exit from US company AXDRAFT Inc. / Latvian company AXDRAFT SIA.

    More
  • 21.01.2020

    TGS Baltic continues providing a full scope of legal assistance to Overkill Ventures startup portfolio

    TGS Baltic continues providing a full scope of assistance to startup founders. At the beginning of a new batch, workshops on Latvian legislation are held, providing the teams with guidelines on starting up their business.

    More
  • 06.06.2019

    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.

    More
  • 01.06.2019

    TGS Baltic advised the European Investment Bank (EIB) on the financing of energy efficiency projects

    TGS Baltic advised the European Investment Bank (EIB) on the financing of energy efficiency projects through funds Jessica I and Jessica II. The success of the pre-financing scheme employed for the financing of the renovation of multi-apartment buildings showed that the banks may be ready to get involved in the financing of this sector with their own funds. 

     

    More
  • 12.05.2019

    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.

    More
  • 08.02.2019

    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.

    More
  • 28.10.2018

    TGS Baltic represented Lithuania SME Fund in the sale of InMedica shares

    TGS Baltic represented Lithuania SME Fund and Litgaja in the sale of 70% stake of InMedica chain of primary health care centres to BGSF Sanus, a company wholly owned by INVL Baltic Sea Growth Fund (a private equity fund of INVL Asset Management).

    More
  • 11.09.2018

    TGS Baltic advised MAXIMA GRUPĖ, UAB in placement of the largest note issue by a private equity company in the Baltic States

    TGS Baltic advised MAXIMA GRUPĖ, UAB in approval of EUR 1 billion medium-term note program and making a note issue of EUR 300 million according to it. The subscribed notes will soon be admitted to trading on the Irish stock exchange (Euronext Dublin) and AB Nasdaq Vilnius. That is the largest note issue by a private equity company in the Baltic States.

    More
  • 01.07.2018

    Advised UAB Lietuvos Energija in approving the medium term note program

    TGS Baltic advised UAB Lietuvos Energija in approving the medium-term note program, which has been upsized to EUR 1.5 billion and issuing a EUR 300 million bond issue under the program. Since 11 July 2018, the placed bonds have been admitted to trading on the Luxembourg Stock Exchange and AB Nasdaq Vilnius. It is one of the largest transactions of this kind in the Baltic States.

    More
  • 27.07.2017

    TGS Baltic represented Lietuvos energija in structuring an innovation fund

    TGS Baltic represented Lietuvos energija in structuring the first in the Baltics specialized corporate risk capital fund, also in coordinating all fund establishment related documents with the selected fund manager Contrarian Ventures. 

    More
  • 06.06.2016

    EIB and Šiaulių bankas renew support for urban renewal in Lithuania

    The European Investment Bank (EIB) and Šiaulių bankas have signed two new agreements to support the refurbishment and modernisation of multi-apartment buildings in Lithuania with an additional EUR 110 million under the Jessica II fund, EUR 70 million of which is contributed by Šiaulių bankas.

    More
  • 26.11.2014

    TGS Baltic receives continuing high rankings from IFLR1000 in Baltic countries

    IFLR1000 (International Financial Law Review) is the guide of world’s leading financial law firms. The guide analysis and ranks more than 120 jurisdictions in the world.

    More
  • 31.01.2014

    Bank Guarantee for LNG Terminal Construction

    TGS Baltic acted as a legal advisor to AB Klaipedos Nafta for the procurement of a $50 million first-demand bank guarantee to secure the obligations of Klaipedos Nafta under a Charter Agreement (FSRU lease) linked to the construction of a liquefied natural gas (LNG) terminal in Lithuania.

    More
  • 01.01.2014

    Vestjysk Bank financed acquisition of agriculture land in Latvia

    TGS Baltic assisted the Danish bank Vestjysk Bank in financing of a large scale agriculture land acquisition transaction in Latvia (EUR 2 million).

  • 01.01.2014

    Nordea Bank Finland plc Latvia branch considers financing of a large scale renewable energy production project in Latvia (postponed) 

    TGS Baltic assisted Nordea Bank Finland plc Latvia branch in financing of a large scale renewable energy production project (four biomass combined heat and power plants) in Latvia.

    More