- About Us
M&A and CorporateRegulatory & Competition
We would like to congratulate our client Overkill Ventures AIFP (https://www.overkill.vc) on the acquisition of the status of a registered alternative investment manager and on the registration of two funds - Overkill Ventures Fund I and Overkill Ventures Fund II. Pursuant to the agreement with ALTUM, the risk capital fund manager Overkill Ventures, in cooperation with its strategic partners Lattelecom and Accelerace, plans to make investments over a period of 3 years into 50 start-up companies. Within the framework of the acceleration programme, the start-up companies will be advised by experiences entrepreneurs, investors, and industry experts, as well as the fund mentor team will be working with them helping to develop the business and attract investors. Additional input will be provided by the strategic partners of the fund - Lattelecom and Accelerace, as well as a wide range of mentors from Europe and the US.
The firm's banking and finance team led by partner Marko Kairjak advised Cryptus in obtaining virtual currency handling authorisations from Estonian Financial Intelligence Unit to provide services of exchanging a virtual currency against a fiat currency as well as virtual currency wallet services.
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.
TGS Baltic advised the parties in entering into agreements on investments in hotel business in Bucharest, the capital of Romania.
On 11 April KŪB Koinvesticinis fondas, controlled by UAB Investicijų ir verslo garantijos (Invega) and its subsidiary UAB Kofinansavimas, started investment activities. UAB Kofinansavimas and a group of private investors signed the first investment agreement, under which EUR 880,000 is to be invested into the food industry company UAB Gusania.
Thank you for joining our mailing list
Subscribe to our newsletter and get latest updates on legal news.