Spotlight: Private M&A 2023 Latvia

Gints Vilgerts and Jūlija Jerņeva provide an up-to-date analysis of the current legal framework, opportunities, challenges and risks that may arise during the various stages of simple or complex private M&A transactions in Latvia.

It is imperative both stakeholders and practitioners are kept up to speed with the key trends, legislative developments and parallel issues impacting private M&A decision making in Latvia.

Read the full report Getting The Deal Through Private M&A 2023 Guide.

by Gints Vilgerts, Managing Partner, Latvia

Team

Related Experience

VILGERTS’ advises East Capital Real Estate on its EUR 53 million acquisition of the iconic “Place 11” office building in Riga (GLA 16,000 sqm) from the Hanner Group. According to Colliers, this is the largest commercial property transaction to have occurred in Latvia during 2022.  

Legal support (together with Storm Legal) to Prime Prometics SIA, cosmetics e-shop business, and its shareholder KE Ventures SIA in connection with investment by Draugiem Capital I SIA to intensify international expansion.

Advised Summus Capital OÜ, a leading Baltic real estate investment holding group, on the completion of its buy-out of Mirrow Institute OÜ from LSREF3 Riga Plaza SIA, one of the largest shopping malls in Riga with NLA more than 50,000 m2 .

Advising Longo Group AS, a leading pan-Baltic used car retailer, on the issuance of its secured bonds (total EUR 5 million) and acting as collateral agent in Latvia, Lithuania and Estonia.