Deals and cases
Browse our deals and cases
Filter information in our deals and cases database
-
07.04.2022
TGS Baltic advised Nord Security on becoming the second Lithuanian unicorn
Nord Security, the startup behind the leading VPN product, NordVPN, became the second Lithuanian unicorn after raising its first money, $100 million at a $1.6 billion valuation.
More -
06.01.2022
TGS Baltic assisted OptiGroup with its acquisition by FSN Capital.
On 18 December 2021, FSN Capital VI signed an agreement to acquire OptiGroup and the Dutch company Hygas to create a European Group in the business-to-business distribution industry. FSN Capital VI will be the leading shareholder in the combined Group, and OptiGroup’s current shareholders, Altor Fund II, Triton II Fund and RoosGruppen AB will remain as minority owners. The transaction is expected to be finalised in the first quarter of 2022 subject to customary statutory approvals. The parties have agreed not to disclose the details of the transaction.
More -
04.01.2022
TGS Baltic advised Tet on acquisition of shares of Telia Latvia
On 4 January 2022, the technology and entertainment company Tet and one of the leading telecommunications companies in the Nordic and Baltic countries Telia Company, signed an agreement on the purchase of shares in SIA Telia Latvija. To conclude a transaction that envisages Tet becoming the sole participant of SIA Telia Latvija, a merger permit from the market supervisor – the Competition Council – is required. The transaction amounts to EUR 10.75 million, including the refinancing of Telia Company loan.
More -
15.12.2021
TGS Baltic advised Tesonet Accelerator on its investment in Yours App, an all-rounder wellness app for the modern world
TGS Baltic team advised Tesonet Accelerator, an international cybersecurity company and startup accelerator, on its investment in Yours App, an innovative UK-based wellness startup.
More -
29.10.2021
TGS Baltic assisted the shareholders of an international data technology company Squalio Group in sale of the shares of company to a leading global IT solutions and services provider Softline.
TGS Baltic assisted the shareholders of an international data technology company Squalio Group, in the following countries: Latvia, Lithuania, Belarus and Estonia, in sale of the shares of Squalio Group to a leading global IT solutions and services provider Softline with a focus on digital transformation, cloud and cybersecurity. Licensing business of Squalio Group represented 98% of its total revenue in 2020.
More -
11.10.2021
TGS Baltic advised CoInvest Capital on their investment in Cogastro, the world's first insect farm software company
TGS Baltic advised the venture capital fund CoInvest Capital, which together with Syndicate formed by members of the Lithuanian Business Angels Network (LitBAN) invested 500 000 EUR in startup Cogastro.
More -
29.09.2021
TGS Baltic advised Whatagraph, one of the leading marketing start-ups, attracting EUR 6,2 mln. investment
TGS Baltic advised Whatagraph, a leading marketing performance monitoring and reporting platform, attracting EUR 6.2 mln. investment in Series A.
More -
22.04.2021
TGS Baltic advised founders of Strive, a North America focused technology company, on the sale of Strive Platform shares worth EUR 5,4 million
TGS Baltic team advised founders of Strive, a North America focused technology company, on the sale of Strive Platform shares worth EUR 5,4 million. Strive is backed by TG Lab, international iGaming technology and development company.
More -
02.04.2021
TGS Baltic represented Hostinger and its shareholders in attracting an international investor which acquired more than 30 % of shares
We advised Lithuania-based Hostinger International, the world’s fastest growing web hosting company, and its shareholders, in attracting international investors.
More -
11.02.2021
TGS Baltic advised on sale of email marketing automation company Mailigen SIA to customer relationship management systems company Pipedrive Ireland Limited.
TGS Baltic advised the shareholders of Mailigen SIA and a private equity fund FlyCap on sale of email marketing automation platform company Mailigen SIA to international customer relationship management systems company Pipedrive Ireland Limited.
More -
31.12.2020
TGS Baltic advised OTB Ventures, Europe’s largest VC firm focused on tech start-ups, on its investment into Ondato
We are thrilled to have assisted OTB Ventures, Europe’s largest venture capital (VC) firm focused on tech start-ups with a strong footprint in Central and Eastern Europe, with regard to an investment into Ondato, a digital and biometric authentication company.
More -
15.12.2020
TGS Baltic advised Mubadala Investment Company on 14 million dollar investment in MEL Science
MEL Science has raised USD 14 million in Series B funding from investors to support expansion of its subscription-based science education business.
More -
24.11.2020
We are advising a US Nasdaq listed leading business-to-business supplier of internet gaming software-as-a-service solutions Gan Limited on acquisition of online gaming platform Coolbet
TGS Baltic are advising Gan Limited on all Estonian law aspects, from conducting legal due diligence and advising on regulatory matters to assisting the client in the finalisation of the transaction documents.
More -
12.11.2020
We advised Estonian-based international software company Timetrix
Senior associates Mari-Liis Orav and Kärt Raud advised Estonian-based international software company Timetrix on drafting their licensing and related IT-services agreements.
More -
05.02.2020
We advised Nasdaq-listed fintech company Opera on the acquisition of Pocosys
TGS Baltic advised the Opera group, which is listed on stock exchange Nasdaq in the USA, on entry into a contract of purchase for the acquisition of fintech company Pocosys and its sister company, a licensed payment institution, Pocopay from Poco Holding where Indrek Neivelt has a large shareholding.
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 -
05.09.2019
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.
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 -
24.05.2019
TGS Baltic carried out a full assessment of the GDPR compliance of the Baltic region’s largest retail chain
TGS Baltic carried out a comprehensive assessment of the GDPR compliance of the Baltic region’s largest retail chain. We reviewed the business processes of all the companies in the group and drew up a detailed report and an action plan.
More -
24.05.2019
TGS Baltic performed a full assessment of a pharmacy chain's GDPR compliance
TGS Baltic carried out a comprehensive assessment of the GDPR compliance of a pharmacy chain: we reviewed the business processes of all the companies in the group and drew up a particularly detailed report and action plan.
More