VILGERTS successfully defended SIA "Scania Latvia" in proceedings before the Procurement Monitoring Bureau against the appeals lodged by SIA "Avar Auto" and SIA "Eco bus" concerning the decision of an open tender (tendered by Daugavpils city municipality, “Supply of environmentally friendly buses for the needs of AS "Daugavpils satiksme" (SAM 4.5.1.2.”, id. Nr. 2022/93).  As a result, the contracting authority was permitted to conclude the contract with SIA “Scania Latvia”, as the winning tenderer.

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.

GIVEN Jewellery AS, a leading jewellery network “Given by Grenardi”, on the issuance of its secured bonds (EUR 4 million) and acting as the collateral agent in Latvia, Lithuania and Estonia.

Acting as the collateral agent in Latvia following the issuance of its secured bonds (EUR 9 million) by Primero SV1 OÜ.

Advising Delfin Group, a leading financial service provider, on the insurance of its unsecured bonds (EUR 10 million).

Advised BPM Capital OÜ on its mezzanine loan financing to Digital Mind AS for the acquisition of Lithuanian IT company Alna.

Advised BPM Capital OÜ on its mezzanine loan financing to Digital Mind AS for the acquisition of the leading Lithuanian business software and IT company, Alna.