Estonia

IFLR1000 Reviews

Financial and corporate
PwC Legal

Advokaadibüroo PricewaterhouseCoopers Legal is the Estonian office of the international law firm PwC Legal. The firm is led by managing partner Karin Marosov in Tallinn. Its Estonian office has been in operation in Tallin since 2012. It is part of PwC Legal, the legal arm of the Big Four outfit, which employs over 284,000 people across 155 countries.

Focusses / specialisms

The firm is known for its tax, advisory and audit work, and also provides legal services in establishing new offices and ventures, as well as, on the related compliance and corporate matters.

 

Key clients

The firm’s clients include Bolt, Samsung, Huawei, EBRD, European Central Bank, Ferratum Group, Asuntosalkku, Samla Capital, F-TKO, Creditstar Group, Crowd Credit, Cryptix, Plus500, Nasdaq.

 

Research period review: 33rd edition (2023/2024)     

This research period the Estonian office of PwC Legal has been especially active in the financial and corporate sphere. In that realm the firm has been focusing on deals in the financial services sector, the industrials and manufacturing sector and the consumer goods and services sector.

 

Deal highlights: 33rd edition (2023/2024) 

LimeWire $11 million fund raising

Cobalt

COBALT is a full legal-services law firm with 73 lawyers in Estonia and 200 lawyers across their offices in the Baltics and Belarus. The firm is a member of a number of international associations, including the International Bar Association.

 

Focusses / specialisms

The firm is strong across all practice areas and, particularly, in banking and finance, M&A and project development.

In financial and corporate the firm has a track record of deals in banking and finance, working on various sorts of financing, as well as, in M&A where it advises foreign and local companies, private equity funds and investors mainly on the acquirer’s side but also on the seller’s side in acquisitions and mergers.

In project development the firm advises on renewable energy projects, providing full legal support that includes everything from EPC-contracts to land acquisition and due diligence. It also advises on TMT, manufacturing and traditional energy.

 

Key clients

Among their clients in financial and corporate are Apax Partners, First Sentier Investors, Luminor Bank, European Investment Bank, Swedbank, SEB Bank, LHV Bank, BaltCap, Goodyear Dunlop, IFC. On projects they have experience working with Graanul, Van Oord Offshore Wind, Raunistal, Rail Baltic, Estonian Ministry of Economic Affairs and Communications.

 

Research period review: 33rd edition (2023/2024)     

The firm has been active in financial and corporate and project development.

In financial and corporate the firm has advised on various transactions such as acquisition finance, venture capital, syndicated loans and revolving loan facility agreements. It advised on projects in energy, crypto, fintech, technology and real estate.

In project development they were active on projects in the renewable energy sector, manufacturing, TMT, transport and traditional energy.

 

Deal highlights: 33rd edition (2023/2024) 

E-Piim $120 million financing

Luminor Bank $541 million bond issue

 

Client feedback: 33rd edition (2023/2024)

Banking and finance

"Cobalt was very efficient in communicating with its clients. Emails and inquiries are always answered promptly. Never a delay. Their advices and services are of top quality comparing to other consulting companies who provide similar services. Their quotes were clear and reasonable. Their professional knowledge on topic is impeccable."

"Speed of execution and thorough understanding of underlying core business"

 

Investment funds

"They are an army of professional lawyers. Highly experienced, punctual, and meticulous."

 

Leveraged finance

"They have very good capabilities to handle to large complex work. They have strong commercial awareness and provide overall value for money. We also appreciate that the partner in charge is always involved in the matter."

 

M&A

"Cobalt was very quick and hands-on. They are following a very commercial approach without letting technicalities slip."

 

Project development

"They have a wide range of knowledge and experience in different fields (energy, taxation, state aid, construction etc) that is necessary to advise on a complex matters. They are willing to organise their employees to help in a short period of time and they are reliable, trustworthy and see a wider and more business related picture that is of the essence to advise a company on the transactions."

 

Ott Aava

"Responsiveness, quick thinking, good to spar ideas with."

 

Jesse Kivisaari

"Very good technically, solution-oriented lawyer; cuts reliably straight to the commercially relevant points."

 

Monika Koolmeister

"Monika is very knowledgeable in the area of EU and Estonia laws for digital and crypto assets. She is not only an expert on legal questions, but also a very business oriented person who can understand how a start-up operates and the difficulties and challenges that it faces every day. Because of her thorough understanding, it was possible for her to propose adequate and suitable solutions to us."

 

Marina Kotkas

"We have worked with Marina for several years and she is our go to lawyer for all financing work in the Baltics. She is very responsive and coordinates work with the other Baltic countries very smoothly. She has excellent understanding and knowledge of the local market and is a good negotiator."

 

Greete-Kristiine Kuru

"She is a highly capable lawyer that has great communication and team management skills as she has been the lead in all of our conversations."

 

Siim Vahtrus

"Very well at communicating, having great ideas, thinking forward. Reliable and representing us very well. Great juridical knowledge and experience."

Ellex Raidla

Ellex Raidla is a full-service law firm which established its first office in Tallin in 1993. It is part of the Baltic international firm Ellex, with independent offices in Riga, Latvia, and Vilnius, Lithuania. Its legal team is comprised of 200 legal professionals. 

 

Focusses/specialisms 

The firm is active in all areas of corporate law and project development, advising on domestic and cross-border transactions. It has a particularly strong track record in capital markets and corporate and M&A. 

Its banking practice advises lenders and investors on project financing and direct financing. It also provides financial services regulatory advice. 

Its capital markets practice advises issuers and investors on bond issues and public offerings. 

In corporate and M&A it advises both sides of the table in acquisitions, sales and restructurings in various industries, including energy. 

In project development the firm has a track record in advising developers on the development and construction of projects in various industries, most notably in renewable energy, oil and gas and infrastructure. 

 
Key clients 

Among its clients are AS Graanul Invest, BaltCap Private Equity Fund, Skeleton Technologies, Karma Ventures I SICAV-SIF, Favor, SQA Partners, Realia Group, Inspired Communications, CHB KindlustusmaaklerLintgen Adjacent Investments, Redgate Capital, Eesti Energia, AXA XL, Inbank and United Utilities. 

In project development it works with Enefit Energiatootmine, Swedbank, Eesti Energia, Viljandi Real Estate, Tootsi WindparkEnefit Green and Rail Baltic Eesti and Mikskaar. 

 

 
Client feedback: 32ndedition (2022/2023) 

M&A 

Excellent legal skills combined with a friendly approach. An iron hand in a velvet glove. Always available and nice to deal with.” 

Very responsive. High-quality, commercial approach.” 

Hedman Law Firm

Hedman Partners in an Estonian law firm which established its office in Tallinn, in 1993.

 

Focusses / specialisms

The firm is experienced in working on mainly cross-border deals in the area of mergers and acquisitions and banking and finance. It advises investors and borrowers on project finance.

In terms of mergers and acquisitions, it advises all sides of the table on mergers, sales, acquisitions and other corporate matters such as setting up corporate structures and regulatory matters.


Key clients

Among its clients are Katana Technologies and Main Incubator.

 

Client feedback: 31st edition (2020/2021)

Private equity            

"Knowledgeable, very committed, stuck to promises, always available (like all hours - our rep would respond to calls and emails immediately)."

"Fast and thorough - hands-on support with questions - very good legal DD."

 

Banking and finance             

"Everything is well done and very thorough. They know the specific gaming field and have been a very good support to our in-house team. "

Hedman Partners

Hedman Partners established its office in Tallinn in 1993. 

 

Focusses/specialisms 

 

The firm works on mainly cross-border deals in the area of mergers and acquisitions and banking and finance. It advises investors and borrowers on project finance. 

In terms of mergers and acquisitions, it advises all sides of the table on mergers, sales, acquisitions and other corporate matters such as setting up corporate structures and regulatory issues. 

 

Key clients 

Among its clients are Baltic LEI, Inclusion, Intelligent Technology, Siena Secondary Fund, Gelatex Technologies, STIHL Digital, Outvio, Fractory Solutions, GetID, Group EcoBox, Narrativa and BugBox. 

 

Client feedback: 32ndedition (2022/2023) 

M&A 

Solid legal advice, strong project management and good communication skills.” 

 

Financial services regulatory 

They understand the Web3 and blockchain industries very well and provide constructive solutions to our community challenges.” 

ILFS

PotamitisVekris is one of the leading domestic firms in Greece and strong across all practice areas. Compared with local competitors it has a relatively large team of 60 lawyers operating from its Athens base.  

 

Focusses / specialisms 

The firm has experience advising European banks on acquisitions of large NPL portfolios, as well as advising European banks in the financing of large infrastructure projects. 

In addition to banking, the firm often does work in other regulated industries including pharmaceuticals or gaming. 

 

Key clients 

The firm‘s client base includes all systemic banks in Greece, as well as advising PHQ, the single special liquidator for all credit and financial institutions under special liquidation in Greece. 

 

Research period review: 31st edition (2020/2021)

 

The firm has been active mainly in banking and finance, capital markets, corporate and M&A, project development, and restructuring and insolvency.

 

In banking and finance it has advised mostly bond holders and lenders but also borrowers on refinancing, lending and acquisition finance. Among its clients are local banks and companies as well as international investment funds and institutional investors.

 

It was particularly active in advising lenders on project finance of various project development work, ranging from greenfield projects to restarting of PPP projects. In that particular practice area it handled projects in real estate, infrastructure, renewable energy, and oil and gas.

 

In capital markets it has been advising issuers and underwriters in bond issues, and was particularly active in advising Greek companies and foreign investment funds on share capital increases and acquisition transactions and other corporate and regulatory matters.

 

In corporate and M&A it advised mostly purchasers but also sellers on acquisitions, joint ventures, demerges, and sales of shares. Most of its clients are foreign, coming from Western Europe and China.

 

In project development it has been advising foreign developers on joint development agreements for building renewable projects, EPC contracts, and regulatory matters, relating to renewable energy and oil and gas projects.

 

In restructuring and insolvency it has been advising liquidators in liquidation of credit institutions.

 

 

Deal highlights: 31st edition (2020/2021) 

Aktor Concessions’ €177 million financing of Alimos Marina concession

Alumil Group €150 million syndicated loan refinancing

GEK Terna €500 million bonds issue listed on ATHEX

GEK TERNA and GMR Airports €220 million financing

Lamda Group €220 million refinancing

PPP project of waste management in Peloponnese financing

PQH €5 billion loan portfolio sale

 

Client feedback: 31st edition (2020/2021)

Bank lending : Lender side                          

"Accuracy, experience, 24 hours availability, problem solving, excellent communication skills with the customer"

“Thorough, creative, well prepared, good in negotiation strategy and execution.”

 

Banking and finance                         

"Possess specialized expertise in insolvency issues, banking issues, finance issues. Supports negotiations with domestic and foreign organizations "

“Experienced, clear and effective communication, exceptional problem-solving skills.”

"Solid legal opinion, deep knowledge of legal framework, swift response."

 

Financial services regulatory                                   

"Potamitisvekris has very competent legal experts at every level of the firm for our area of business which is financial services, investment funds, real estate funds, at EU level and domestic level, in all areas of regulation. They have also been adaptable immediately to the new working restrictions in response to covid 19 and have remained from day 1 just as effective and responsive as always."

 

M&A                           

“Deal-oriented, 24/7 available and very constructive.”

"They are proactive, provide good negotiation strategy and tactics, pay attention to detail, multidisciplinary."

 

Restructuring and insolvency                                  

"Excellent knowledge of subject. Ability to understand both macro and micro. Excellent interpersonal and communication skills with a variety of stakeholders."

"Business orientated professionals, committed, hands-on, well connected in local market, high ethics.”

 

Anastasion Kalergis 

"Very professional, very good with deadlines, highly professional."

 

Anthea Terlengas     

"Availability, excellent communication skills, problem solver, accuracy."

 

Despoina Charakopoulou

"Engaging, positive thinker, very good knowledge of her area of expertise, clarity of expression, assertive."

 

Elena Theocharakou

“Responsiveness, business oriented, problem-solving.”

"Deal oriented and 24/7 available"

 

Ioanna Loudarou       

"Knows the job. Solves problems. Communicates clearly and effectively."

 

Kalergis Anastasios 

"On time delivery of concrete legal documentation."

 

Konstantinos Papadiamantis           

"He knows the industry very well and is in a position to offer effective advice and solutions."

 

Perifanou Maria         

"Meticulous in drafting, good negotiator and speaks up in negotiations."

 

Potamitis Stathis       

"Quick in grasping complex issues and identifying critical elements, finding simple solutions to meet complex goals, excellent negotiating strategy and tactics, coordinating fully multidisciplinary teams within the firm."

"Possess extensive expertise. Excellent negotiator"

 

Rachaniotis Konstantinos    

"They understand the real legal and business risk of the client. In comparison with the other firm they can be part of the client's team in order to achieve the best outcome."

 

Stathis Potamitis      

"Excellent sector knowledge."

"Patient. Knowledgeable. Ambitious."

 

Tasos Kalergis          

"Positive thinker, analytical skills, clarity of expression, both written and oral, perseverance, quick learner."

 

Vasilis Stergiou         

"Problem solving, business accommodation, interpersonal skills, productive brain-storming."

Ilyashev & Partners

Ilyashev & Partners was founded in 1997 and employs more than 150 people in Ukraine and Estonia. In Estonia it has an office in Tallinn 

 

Focusses / specialisms 

The firm is known for doing registration of companies in Estonia as well as for preparing trade agreements and providing support on various corporate and compliance matters. 

 

Key clients 

The firm’s list of clients include Ukrrichflot, Antonov Logistics SalisElme Messer Gaas, Business Center Pharmacy, East-European Transport Group, BTA Bank, InterTransport Logistics, ACE Logistics, Citylifeand Clearing House.  

 

Research period review: 31st edition (2020/2021) 

The firm has been active in registration of foreign companies, offices and other legal entities in Estonia, advising on various international agreements and on financial services regulatory mattersIt advised local and foreign clients in logistics, sea transport, IT and finance, oil and gas, and government sector.  

 

Client feedback: 31st edition (2020/2021) 

Financial services regulatory 

"I find the firm to be extremely dynamic and professional, its availability and speed are great advantages. They are very responsive and try to return calls very quickly; in terms of the substance and the way they service, we have nothing but high praise for them. Reliability, prompt attention, preciseness and high professional level of lawyers of the firm in the performance of our orders, tolerance to loyal customers, the use of diverse approaches and execution of full legal analysis and the risks."  

 

M&A  

"The firm literally saved us during covid epidemics, and I am very grateful to have them as a legal counsel there."  

 

Restructuring and Insolvency 

"I find the firm to be extremely dynamic and professional, its availability and speed are great advantages. They are very responsive and try to return calls very quickly; in terms of the substance and the way they service, we have nothing but high praise for them. Reliability, prompt attention, preciseness and high professional level of lawyers of the firm in the performance of our orders, tolerance to loyal customers, the use of diverse approaches and execution of full legal analysis and the risks." 

 

Vitali Galitskihh 

"My main point of contact in Estonia is Vitali Galitskihh, Head of Tallinn office at Ilyashev & Partners. He was like an extension of our in-house team commercial and results-oriented tax & corporate adviser. Vitali is highly skilled, responsive and efficiently involved. I recommend him as a result-oriented and competent expert with broad experience." 

 "Full of energy and knowledgeable legal expert, with in-depth analysis capabilities in terms of corporate law." 

Magnusson

Magnusson is an international business law firm which has established its Estonian office Tallinn. It founded its first office in Stockholm, Sweden, and today its practice has grown to over 200 lawyers spread across offices in Sweden, Denmark, Finland, the Baltics and Russia. 

 

Focusses/specialisms 

The firm has experience in advising institutional investors and companies on mergers and various corporate matters such as market entry, establishing of entities and financial services regulatory matters. 

 

Key clients 

Among its clients are Saint-Gobain Eesti, Avia Solutions, TelkoNaym TechnologyPõhjala Brewing, Indiedrinks Direct, Eranova, Envst, KTZL, MNTHR, Vafo, Baltania, OmniMatrix, Flixbus and BVKI. 

NJORD Law Firm

NJORD Law Firm is a full-service law firm with an office in Tallinn. It established its first office in 2002 in Copenhagen, Denmark. In the course of almost two decades its practice has grown to 120 lawyers, working in offices in Copenhagen, Silkeborg, Aarhus, Riga and Vilnius, as well as Tallinn. 

 

Focusses/specialisms 

The firm is experienced in advising clients on cross-border deals in M&A and project development. 

Its M&A practice advises mainly sellers on share capital increases and other corporate matters such as licencing, establishment of business entities and structures, and compliance issues. In addition, it has experience in capital markets, advising issuers on IPOs in foreign capital markets. The firm works with clients from a variety of industries, including real estate, gambling and fintech. 

It assists developers on project financing and project development, mainly in the real estate sector. 

 

 
Key clients 

Among its clients are MBK, Estonian Japan Trading Company and Plus500. 

 

Client feedback: 32nd edition (2022/2023) 

Financial services regulatory 

Very responsive and proactive; fast turnaround of work delivered to a high standard.” 

 

Financial services regulatory 

Our company retains the services of many law firms throughout the world. I am a qualified attorney and have more than 10 years of practice experience. As a result, I can evaluate the expertise, strength and unique capabilities and characteristics of NJORD and of Veikko Toomere. 

As part of our business culture, we consider professionalism, excellence and good service to be of the utmost importanceand it wasnt long before it was clear that when it comes to representing our global clients, our business partner in Estonia should be NJORD and Veikko Toomere. 

This was true before Covid-19 arrived and it was underlined over the following year, emphasising the value of having a partner who continued to provide professional, prompt service despite the global circumstances, when so many law firms found it challenging to keep up the usual standard of work. 

Especially with international clients, one can come across differences in mentalities that will not suit foreign investors who are looking for high level of responsivity, professionalism and accurate analysis of a case, considering their own unique circumstances. In all these areasVeikko Toomere excelled. 

Rödl & Partner

Rödl & Partner is a legal and tax law firm with an office in Tallin, established in 1993. It is part of the international law firm Rödl & Partner, which was first established in 1977 in Nuremberg and today has offices Moscow, St Petersburg, Tallinn, Riga, Vilnius, Bratislava, Bucharest, Ljubljana, Zagreb, Chisinau, Minsk and in Poland, as well as offices across numerous locations in Western Europe, the USA and China. It has a team of 5,260 lawyers worldwide. 

 

Focusses/specialisms 

The firm has a focus on financial and corporate work. 

 

Key clients 

Its clients list includes DKV Mobility Services, Target Global Growth Fund II, SCSP-RAIF, Telko and Lloyds Shoes. 

Sorainen

Sorainen is one of the biggest law firms in Estonia. It established its first office in 1995 in Tallinn, and it has grown into a firm of 120 lawyerswith branches in Latvia, Lithuania and Belarus. 

 

Focusses/specialisms 

The firm is active in all areas of corporate law and project development. 

In banking it advises borrowers and lenders on project financing, investment agreements and refinancing. 

In capital markets it advises issuers and joint-lead managers on, respectively, public offerings and bond issues. 

In M&A it advises buyers and sellers on acquisitions, cross-border mergers, sales and corporate structuring. 

In project development it advises developers on project implementation, public tenders and EPC contracts in renewable energy, transport, construction and infrastructure. 

 

 
Key clients 

Among its clients are Bolt, Fortum, Apollo Global Management, Veriff, Mehiläinen, YIT, Northern Horizon Capital, Wise, Kaamos, Numai, FinEst Bay Area Development, GE, Fermi Energia, Sunly Group, Elering, ALARA, Kaamos Group, RiigiKinnisvara and Polenergia. 

 

Client feedback: 32ndedition (2022/2023) 

M&A 

They have the strongest practice group for startup investment advisory in the market. In particular, Mirell Prosa and Toomas Prangli have worked on the biggest startup transactions in Estonia. As a result, we feel taken care of, as they know what issues may arise in subsequent investment rounds, pointing out certain areas that need to be taken care of. Their expertise in all areas of business has been very beneficial for us in matters such asobtaining regulatory approvals for transactions.” 

 

Project development: infrastructure 

They have a really good expert team that can cover many fields of advisory.”

Tark

Tark is an Estonian full-service law firm which has established its first office in Tallinn in 1991.  

 

Focusses / specialisms

The firm specializes in advising companies in their roles as acquirers and sellers on M&A deals, investments, establishing entities, various corporate matters, and also acquisition financing.

It’s active in various industries, most notably in the real estate, renewable energy, transport and logistics, private equity funds and venture capital, biotechnology and banking and finance.  


Key clients

Among its clients are Icebreaker VC, Woola, KlausApp, Cachet, Local-Offset, Modash, Kala House, Olympic Entertainment Group, Enlabs Group, xFly, Estonian Railways, Tallinn Airport, HHLA TK Estonia, AS ESTO, EveryPay, GF Money, AIG, ERGO Insurance, Ühinenud Farmid, Vaklak Group and High-Tech Business Grant Foundation.

 

Client feedback: 31st edition (2020/2021)

M&A                  

"Professional, skilled, very responsive, good sector know-how. "

"Quick to respond. Sees 'forest behind trees' and looks for the right solution. "

"They are always on time, give accurate advice, have 'no bullshit' attitude - short executive summary what to do and what not."

"Very timely delivery and high-quality services provision. High attention to the client."

 

Private equity

"They are always very fast to reply, super-great professionals and give very detailed and professional answers. They are able to sum up the answer in a simple way and add also all the details from the law. I know I can trust them 100% and they have a strong human touch that is missing in many other similar companies. "

"They are knowledgeable, respond quickly, have a great attitude, have a strong network."

TGS Baltic

TGS Baltic is a full-service law firm which established its Estonian office in Tartu in 1994. Today the firm has offices in Tallinn, Estonia, Riga, Latvia, and Vilnius, Lithuania. More than 150 lawyers provide a full range of legal services. 

 

Focusses/specialisms 

The firm is active in corporate law and project development. Its corporate practice includes banking, capital markets and corporate and M&A. 

In banking it advises clients on refinancing, project financing, as well as on financial services regulatory matters and establishing entities. In addition, it advises in bankruptcy cases. 

In capital markets it advises clients in IPOs of securities, equity fundraising and issuing secured bonds. 

Its corporate and M&A practice advises mostly the acquiring side on sales and acquisitions, share capital increases, bidding procedures, investments, and restructurings and cross-border mergers. 

In project development the firm advises clients on projects and PPPs in real estate, manufacturing, social infrastructure and railway transport. 

 

 
Key clients 

Among its clients in banking and finance arDe Maria Project, Estateguru, BaltCap, Kapitel, NõoLihatööstus, MerkEhitus Eesti, Income Company, Crowdestate, ESTO Holdings, Eleving Group, OTB Ventures, FitSphere and ELIF. 

In M&A it works with Income Company, Crowdestate, ERGO, Tuindeco, Monestro, UAB Impuls, Eesti Post, ESTO Holdings and ELIF. 

In project development it works with Eesti Post, DKV EURO Service, Unilever, Tallinna Sadam, ToxInvent, PKI, Merko Ehitus Eesti and Møller Eiendom. 

 

Client feedback: 32nd edition (2022/2023)  

M&A 

“Offers a full service and always works together with the client to find solutions. 

 

Project finance 

They are very goal focused and are able to provide clear solutions.

Triniti

Triniti Estonia is part of a pan-Baltic business law firm with offices in Tallinn, Estonia, Vilnius, Lithuania and Riga, Latvia. 

 

Focusses/specialisms 

The firm is active in M&A and corporate law. It advises buyers and sellers on mergers and acquisitions. It also advises distressed companies on financial restructurings, and it assists clients with the establishment of SPVs and other financial services regulatory matters. 

Its project development practice includes assisting on lease agreements and PPP matters. 

 

 
Key clients 

Among its clients are City of Tallinn, Utilitas, Transpordi Varahaldus, Techx Technologies, Esto Holdings, Digideal Investment, Columbus Eesti, Lemonade Stand, Omner Invest, Rail Baltic Estonia and Thermory. 

 

Client feedback: 32ndedition (2022/2023) 

M&A 

Extensive knowledge of the industry and agriculture transactions in Estonia. Their advice was very professional and straight to the point, but they also have a warm and friendly attitude. It would have been very difficult to reach the desired outcome without their help. The pricing was very flexible. 

Triniti Estonia lawyers have a lot of experience with agriculture enterprises. They think 10 steps ahead and are really good partners. 

Walless

Walless is a corporate law firm with an office in Tallinn, founded in 2016. It also has offices in Vilnius, Lithuania, and Riga, Latvia. The overall Baltic team has 100 lawyers. 

 

Focusses/specialisms 

The firm is active in financial and corporate. It advises all sides of the table on transactions in banking and finance, capital markets and corporate and M&A. Its practice includes direct and project financing, bond issues, acquisitions and sales. In terms of sectors, it is active in asset management, manufacturing and technology. 

 

Key clients 

Among its clients are Funderbeam, CreditinfoEesti, Ampler Bikes, Lightyear Financial, JNG Investments Group, KEVILI, Estonian Plywood, City of Tallinn, Mandatum Life Insurance Company, Natufia Labs, Oy Tilgmann, Everything Genetic, Bigbank Group, BNP Paribas Emissions, and Nortal. 

 

Client feedback: 32nd edition (2022/2023) 

M&A 

Lawyers at Walless are always available, knowledgeable and effective. They take ownership of the matter and feel responsible for the client. Also, there is a friendly relationship. 

 

Financial services regulatory 

Walless is quick to respond, is always solutions oriented and has vast experience to rely on. 

WIDEN

Lextal is a law firm whose Estonian office was established in Tallinn in 2003. It also has offices in Riga, Latvia, and Vilnius, Lithuania. It is a member of law firms alliances Meritas, TELFA and Unilaw. 

 

Focusses/specialisms 

The firm’s practice includes domestic and international M&A, capital markets and financing transactions. 

In M&A it assists corporate clients in their roles as buyers and sellers on acquisitions and investments, as well as on various corporate matters related to market entries, insurance licences and business restructurings. In addition, it has assisted issuers on an unsecured bond issue, borrowers on debt financing and a guarantor on securities release. 

 

 
Key clients 

Among its clients are TB Grupp, ArmadioTipuGrupp, Columbus, IuteCredit EuropeAlarmo Kapital, Eurora Solutions, Latam Fintech Holding, Alfasan Holding BV and Kepro and Credito24. 

Its client list includes technology companies and start-ups, cryptocurrency or tokenisation companies, consumer finance companies, insurance companies, insurance brokers and international banks. 

 

Client feedback: 32ndedition (2021/2022)

M&A 

“Proactive, constructive, flexible and supportive.” 

The team is responsive, deeply knowledgeable and a pleasure to work with.