Kadri Kallas

Kadri Kallas

Partner
Co-Head of M&A Practice Group
Member of the Baltic Board
Tallinn, Estonia

Reputable international legal market directories, such as Legal 500, Chambers & Partners, Best Lawyers and IFLR, have recommended Kadri Kallas as a leading expert in her field, complimenting her "pragmatic, quick, reliable, solution-oriented and straightforward approach".

legal 44 v4       chambers europe 44 v2      chambers global 44 v2     iflr 44    

 

 

  • About

    Kadri Kallas has extensive experience in the areas of commercial and corporate law, mergers and acquisitions, private equity and venture capital. She has advised strategic investors, private equity funds and companies included in their portfolios, as well as venture capital investors and growth companies on strategic investments, joint ventures, mergers, acquisitions and demergers, and provided general business advice. She has also worked for the London office of an international US-based law firm.

    Reputable international legal market directories, such as Legal500, Chambers Europe, Best Lawyers and IFLR, have recommended Kadri Kallas as a leading expert in her field.

  • Major Projects
    • 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.

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    • 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.

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    • 31.12.2019

      TGS Baltic advised Veho on selling its subsidiary

      TGS Baltic advised the largest car dealership in the Scandinavian and Baltic region Veho on selling its subsidiary Veho Eesti AS. In addition, we advised in the sale of two registered immovables where Veho car show rooms operate. Established in 1992, Veho Eesti was, until now, engaged in import of Citroën passenger cars and utility vehicles and retail sale of Honda.

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    • 23.07.2019

      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.

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    • 16.07.2019

      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.

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    • 26.06.2019

      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.

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    • 30.04.2019

      Advising Chaga on investment round on the Funderbeam platform

      TGS Baltic's team, led by partner Kadri Kallas, advised Chaga, an Estonian producer of organic food supplements, on its investment round on Funderbeam, a funding and trading platform which enables small investors to buy and sell equity stakes in private companies.

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    • 04.04.2019

      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.

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    • 07.02.2019

      TGS Baltic assisted LMT GROUP AB (Sweden) with acquisition of a number of PLM Group companies in Latvia and Estonia.

      TGS Baltic assisted Bengt Svante Liljedahl company LMT GROUP AB (Sweden) with closing of acquisition of PLM Group companies in Latvia, Estonia, Sweden, Denmark, Finland, Norway, and Iceland.

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    • 04.10.2018

      Advising Posti on Estonian law aspects during the acquisition of Transval

      TGS Baltic’s M&A team led by partner Kadri Kallas advised Posti, the leading postal and logistics service company in Finland, on Estonian contract law and employment law aspects regarding acquiring the in-house logistics company Suomen Transval Group. The transaction is subject to the approval of the Finnish Competition and Consumer Authority.

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    • 11.09.2018

      Assisting IK Investment Partners in the acquisition of Katsastus Group’s operations

      IK Investment Partners acquired the shares of vehicle inspection companies A-Ülevaatus OÜ in Estonia, SIA Scantest in Latvia, A-Katsastus AB in Sweden and Autotest Polska Sp. Z o.o. in Poland (“the Group”) from A-Katsastus Group Oy, one of the leading European companies providing vehicle inspection, trade-in inspection and registration services.

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    • 21.08.2018

      Advising Ermitažas in acquiring Bauhof

      TGS Baltic advised UAB Ermitažas, a major Lithuanian chain offering finishing goods, gardening items, and construction materials, in the acquisition of the Estonian company Bauhof, which is a leader in the same sector. After the acquisition UAB Ermitažas became the third largest merchant of construction materials and household items in the Baltics.

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    • 26.04.2018

      Advising Bergs Timber in acquiring Norvik’s operations in the Baltics and the United Kingdom

      TGS Baltic’s cross-border M&A team led by partner Kadri Kallas advised Swedish Bergs Timber AB (publ) in acquiring Vika Wood and Byko-lat (Latvia), EWP AS and Laesti AS (Estonia) and Norvik Shipping (United Kingdom) from Icelandic Norvik hf.

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    • 16.03.2018

      Euroapteek completed the transaction to acquire Ülikooli Apteek pharmacy network

      Estonian M&A team of TGS Baltic led by partners Kadri Kallas and Sander Kärson advised Euroapteek on the acquisition of Ülikooli Apteek pharmacy chain in Estonia.

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    • 01.02.2018

      Advising Euroapteek on the acquisition of Ülikooli Apteek pharmacy chain in Estonia

      Estonian M&A team of TGS Baltic led by partners Kadri Kallas and Sander Kärson advised Euroapteek, part of the Nordic and Central and Eastern Europe’s leading pharmacy group Euroapotheca, on the acquisition of Ülikooli Apteek pharmacy chain in Estonia, after which Euroapteek integrated 13 Ülikooli Apteek branded pharmacies to its network of 73 pharmacies.

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    • 16.01.2018

      Advising AxFlow on entering Baltic fluid-handling market

      The M&A team at TGS Baltic led by associate partner Kadri Kallas advised AxFlow, the Fluid Handling Solutions business group of Axel Johnson International, on entering the Baltic market by acquiring Bahr Pump OÜ (Estonia), Pumptechnique SIA (Latvia) and Flow Technologies UAB (Lithuania). The firm advised AxFlow on the due diligence, structuring of the transaction and assisted on the closing.

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    • 18.12.2017

      Assisting Ascalon Holding GmbH in acquiring 47% ownership in Scancerco Oy

      TGS Baltic’s M&A team led by associate partner Kadri Kallas assisted Austrian headquartered Ascalon Holding GmbH in acquiring a 47% ownership in Finnish Scancerco Oy, a wholesale company for door, window and building industry. The existing shareholders will keep the majority shareholding in Scancerco Oy.

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    • 10.07.2017

      Advising LHV Pension Funds on investing into Lithuanian based cable TV and internet services provider Cgates

      The cross-border team at TGS Baltic led by associate partner Kadri Kallas (Estonia) advised one of the largest Baltic pension fund managers LHV Pension Funds on investing in Cgates, a leading Lithuanian provider of cable television and internet services, together with consortium partners Livonia Partners, a pan-Baltic private equity firm, and Ambient Sound Investments.

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    • 28.03.2017

      Advising EstateGuru in the investment by Helmes

      The firm’s M&A team led by Associate Partner Kadri Kallas advised real estate crowdfunding platform EstateGuru in the transaction whereby Helmes, one of the leading software developers in Estonia, acquired 4% of the company’s shares.

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    • 07.03.2017

      Advising Citypark Eesti in selling its shares to Modus Group

      The firm’s M&A team led by associate partner Kadri Kallas advised Citypark Eesti, one of the largest parking services providers in Estonia, on selling its shares to a Stova which belongs to the Lithuanian headquartered Modus Group.

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    • Advising on the divestment of an invoicing and financial automation business

      Advising on the divestment of an invoicing and financial automation business to a major private equity fund.

    • Advising a global 3D printer manufacturer in acquiring a start-up

      Advising a global 3D printer manufacturer in acquiring a start-up focused on developing engineering software.

    • Advising on the acquisition of a leading Baltic food production and sales company

      Advising on the acquisition of a leading Baltic food production and sales company, as well as conducting the post-acquisition cross-border merger of the company.

    • Advising on the restructuring of an energy group

      Advising on the restructuring of an energy group and preparing and carrying out the divestment of the sales and infrastructure companies formed in the course of the restructuring.

  • CV

    Memberships

    2018
    Management Board Member of Estonian Bar Association
    2016
    International Bar Association (IBA)
    2008
    International Association of Young Lawyers (AIJA)
    2004
    Estonian Bar Association

    Professional career

    Since 2018
    Partner, law firm TGS Baltic
    2017–2018
    Associate Partner, law firm TGS Baltic (formerly Varul)
    2016–2017
    Associate Partner, law firm Varul
    2014–2016
    Specialist Counsel, law firm Sorainen
    2008–2011
    Senior Associate, law firm Sorainen
    2005–2008
    International Associate, law firm Vinson & Elkins (London)
    2004
    Associate, law firm Sorainen
    2003–2004
    Lawyer, law firm Sorainen
    1999–2003
    Lawyer, SEB Pank
    1998–1999
    Assistant Lawyer, SEB Pank

    Education

    2005
    University College London, Corporate and Securities Law, LLM
    1999
    University of Tartu, Faculty of Law, BA