Viltechmeda

was acquired by

Moog Inc

Advisor to shareholders of UAB Viltechmeda, producer of AITECS-branded precision syringe infusion pumps in a trade sale to Moog, Inc (USA), a worldwide designer, manufacturer and integrator of precision control components and systems.

Agrowill Group

EUR 10,000,000

GILD acted as lead manager and bookrunner of the IPO of Agrowill Group, the largest agricultural company in the Baltic States

AS Kagu Invest

EUR 2,000,000

GILD arranged a bond issue for Kagu Invest, one of the largest independent consumer finan-cing institutions next to commercial banks in Estonia.

AS Süda Maja

EUR 5,000,000

GILD arranged a bond issue for Süda Maja, the Estonian real estate development company with the activities in both commercial and residential real estate markets.

Sportland

GILD arranged a bond issue for Sportland International Group, the fast growing international sporting goods retailer with presence in Estonia, Latvia, Lithuania, Finland, Russia and Ukraine.

Põlva Agro

was acquired by

Agrowill Group

Advisor to AB Agrowill, the largest Baltic agricultural company, in the acquisition of Põlva Agro AS, the most modern Estonian dairy farming company.

Antera

was acquired by

IMS Group

Advisor to the shareholders of Antera, the largest Lithuanian stainless steel distributor, in the trade sale of the company to IMS Group.

Puls Brewery

was acquired by

Harboe Group

Advising shareholder of AS Puls Brewery, the fourth largest brewery in Estonia, in the trade sale of the company to Harboe Group.

General Financing

was acquired by

Societe Generale Consumer Finance

Advisor to shareholders of UAB General Financing, a consumer finance company operating in Lithuania under the Kreditas123 brand, in a trade sale to Societe Generale Consumer Finance.

Pankade Kaardikeskus

was acquired by

NETS

Sellers

Hansapank, SEB, Sampo Pank

GILD Bankers advised Hansabank (Swedbank), SEB and Danske Bank A/S Estonian Branch (Sampo Bank) in the sale of PKK, the national processor of card transactions in Estonia. PKK was acquired by NETS, one of the leading European processors of card transactions representing primarily acquirers in the Nordic countries.

Moonfish Media

was acquired by

Tradus Limited, a subsidiary of

Advisor to the shareholders of Moonfish Media OÜ in the sale of the company to Tradus Limited, a subsidiary of multinational media group Naspers. Moonfish Media operates the following websites in Estonia and Lithuania: Osta.ee, KV.ee, Aruodas.lt, Edomus.lt, and Skelbiu.lt.

Delta Imoti Capital OOD

EUR 16,500,000

GILD arranged an asset-linked note issue for Seaside Residence Baku OÜ to finance a land development project near Baku, Azerbaijan.

UAB E-Energija

EUR 5,000,000 equity EUR 15,000,000 debt

GILD advised UAB E-Energija on attracting EUR 20 million of financing for expansion in Ukraine and strengthening its presence in the Baltic States.

AS Uus Sakala

GILD advised the real estate developer AS Uus Sakala on the equity and debt capital raising for financing the development of multipoint urban entertainment centre in the downtown of Tallinn.

AB Bankas Snoras

EUR 175,000,000

GILD acted as a co-manager of a three-year Eurobond issue on London Stock Exchange by Bankas Snoras, a rapidly growing Vilnius-based bank.

Presto Prekyba

was acquired by

SIA Coffee Holding

Advisor to the shareholder of Presto Prekyba, the leading Lithuanian coffeehouse chain and specialized tea& coffee retail company in the trade sale of the company.

L.I.O.N.&Ko

was acquired by

Liviko

Sell-side advisory, sale of L.I.O.N. & Ko, a leading distributor of alcoholic beverages in the Baltics, to Liviko AS.

Elke Grupp

was acquired by

Amber Trust II S.C.A.

Advisor to the minority shareholder of ELKE Grupi AS, the leading pan-Baltic car retail group, in the sale of shares to private equity fund Amber Trust II S.C.A.

AB Levuo

was acquired by

Aura Estate

Seller

MG Baltic Investment

GILD Bankers arranged a dual-track sale process of 47.89% of shares of AB Lėvuo, a major apparel and home accessory retailer in Lithuania.

Latvijas Energoceltnieks

was acquired by

Alta Capital Partners

Advisor to the shareholder of Latvijas Energoceltnieks Ltd. in the trade sale of the company to the Estonian investment fund Alta Capital Partners. Latvijas Energoceltnieks Ltd. is one of the top construction companies in Latvia.

Dobeles Dzirnavnieks

Advisor to Dobeles Dzirnavnieks in structuring cooperation principles with financial investor for expansion in Ukraine. Dobeles Dzirnavnieks is the largest milling company in Latvia.

AB Miestprojektas

was acquired by

COWI Baltic

Seller

Koncernas SBA

GILD advised AB Koncernas SBA on the trade sale of AB Miestprojektas, a leading architecture and design company in Lithuania, to a unit of COWI, a global engineering firm.

Kristiine Kasiino

was acquired by

Olympic Entertainment Group

Advisor to Olympic Entertainment Group, one of the leading gaming companies in Eastern Europe, in the acquisition of 100% shares of Estonian casino operator AS Kristiine Kasiino.

CV Keskus

was acquired by

Digital Sky Technologies, Tiger Global Private Investment Partners IV and Bexley International Investments

Advisor to shareholders of CV Keskus in the trade sale of the company to Digital Sky Technologies Ltd, Tiger Global Private Investment Partners IV and Bexley International Investments Ltd. CV Keskus is one of the most popular job portals in Estonia aiming to become equally strong market leader in all Baltic countries.

Miratech

was acquired by

EDB Business Partner ASA

Advisor to EDB Business Partner ASA in the acquisition of the leading Ukrainian IT company Miratech. EDB Business Partner is a leading Nordic IT group, listed in Oslo Stock Exchange.

Auto 24

was acquired by

AS Kuldne Börs, a subsidiary of

Advisor to the shareholders of Auto 24 portal in the sale of the company to Kuldne Börs, a subsidiary of Ilta-Sanomat Oy. Auto 24 is the largest website advertising used and new vehicles in Estonia. Ilta-Sanomat Oy is the leading media group in the Nordic region.

Infopulse Ukraina LLC

was acquired by

EDB Business Partner ASA

Advisor to EDB Business Partner ASA in the acquisition of Ukrainian IT company Infopulse Ukraina LLC. . EDB Business Partner is a leading Nordic IT group, listed in Oslo Stock Exchange.

Cinamon

Advisor to Baltic Multiplex Ventures, the start-up cinema theatres operator in the Baltics, in the capital raising for financing its first two multiplexes in Lithuania.

AS Olympic Entertainment Group

EEK 1,124,200,000

IPO of AS Olympic Entertainment Group (OEG) on Tallinn Stock Exchange. OEG is one of the leading gaming companies in Eastern Europe.

Luottotalo Fenno Oy

EUR 6,500,000

Arranging a bond issue for Finnish loan provider Luottotalo Fenno Oy.

AB Malsena

LTL 12,000,000

Arranging a bond issue for AB Malsena, the largest grain processing company in the Baltic States.

AB Bankas Snoras

LTL 30,000,000

Arranging a one-year bond issue of AB Bankas Snoras, a rapidly growing bank with operations in Lithuania & Latvia.

AS Balti Investeeringute Grupp

EEK 41,266,500

Arranging a two-year bond issue under the EEK 150 million debt programme of AS Balti Investeeringute Grupi Pank. BIG is the biggest lender of money to private persons in the Baltic States after universal banks and leasing companies.

AB Šiauliu Bankas

EUR 10,000,000

Arranging a two-year bond issue under the newly established EUR 45 million debt programme of Šiauliu Bankas.

OÜ Q Vara

EUR 5,000,000

Arranging a 5 million euro bond issue for Estonian real estate development company OÜ Q Vara. The company uses the proceeds for land purchases in Estonia, Latvia and Lithuania.

Aigas Nams

was acquired by

Penninn hf

Advisor to the shareholders of the leading Baltic office supplies distribution company SIA Aigas Nams in the trade sale of the company.

Rakvere Piim

has merged with

MAAG Piimatööstus

Advisor to the transaction whereby Estonia’s two major dairy groups Rakvere Piim and MAAG Piimatööstus merged their business operations.

Ekoproduktas

was acquired in

leveraged buyout deal

Arranging the leveraged buyout of UAB Ekoproduktas, a Lithuanian company providing waste yeast recycling services to the brewery industry in the Baltics and CEE.

Rolvika

was acquired in

leveraged buyout deal

Arranging the leveraged buyout of UAB Rolvika, a leading provider of equipment and engineering solutions for food retailers, HoReCa and industry operating in Lithuania, Latvia, Ukraine & Belarus.

Novena

was acquired by

ITAB Shop Concept

Advisor to the shareholders of AB Novena in a trade sale to one of the leading shop fittings producer in Europe - ITAB Shop Concept AB. Novena AB is the largest shop fittings producer in Lithuania.

Eesti Raudtee

was sold by

Eesti Vabariigi Valitsus

Providing fairness opinion to the Ministry of Economic Affairs and Communications in the nationalization process of AS Eesti Raudtee.

LatCharter Airlines

was acquired by

Loftleidir Icelandic

Advisor to the shareholders of the leading charter air carrier in the Baltic States LatCharter Airlines in a trade sale to Loftleidir Icelandic, the charter and ACMI-marketing subsidiary of Icelandair.

Pro Kapital

Securitizing a portfolio of morgage loans of Pro Kapital – an Estonian real estate developer. The loan receivables were sold by a EEK 18.5 million bond issue by a private placement.

AS Tallinna Vesi

EEK 858,000,000

Arranging the IPO of AS Tallinna Vesi on Tallinn Stock Exchange. Tallinna Vesi is the monopoly provider of water and sewarage services in Tallinn.

AS Starman

EEK 190,000,000

IPO of Estonian leading cable TV company - AS Starman on Tallinn Stock Exchange.

AB Sanitas

LTL 20,700,000

Co-lead manager in the public offering of AB Sanitas shares. AB Sanitas is the largest pharmaceuticals manufacturer in Lithuania.

UAB Veju Spektras

Arranging equity and debt financing for UAB Veju Spektras to develop a 30 MW wind power park project in Vydmantai, Lithuania

Delta Imoti Capital OOD

EUR 14,572,234

Arranging three bond issues of OÜ Vladaja, OÜ Mramori and OÜ Mortsajevo in total amount of EUR 14.6 million to finance the real estate development projects of Bulgarian company Delta Imoti Capital OOD.

AB Bankas Snoras

LTL 20,000,000

Arranging a 1-year bond issue for AB Bankas Snoras, the fourth-largest Lithuanian bank.

AB Ukio Bankas

LTL 15,000,000

Arranging a 1-year bond issue for AB Ukio Bankas, the oldest commercial bank in Lithuania. The bonds will be listed on the debt securities list of Vilnius Securities Exchange.

UAB E-Energija

EUR 4,000,000

Arranging a bond issue for UAB E-Energija, a leading multiutility company with operations in Lithuania and Latvia.

AS Balti Investeeringute Grupp

Arranging the initial closed offering of AS Balti Investeeringute Grupp bonds. The bonds will be listed on Tallinn Stock Exchange, mature in 1 year and their yield is 4.5%. BIG is a lender of money to private persons.

AB Šiauliu Bankas

LTL 20,000,000

Arranging a 1-year bond issue for AB Šiauliu Bankas, a rapidly growing Lithuanian bank.

Fotoluks

was acquired by

private shareholders

Advisor to a group of private investors in the acquisition of AS Fotoluks. The acquisition price was EEK 17 million. AS Fotoluks is active in photography products wholesale and retail and photo services.

SA Ida-Viru Keskhaigla

Advisor to Ida-Viru Keskhaigla on planning the new hospital facility. A detailed business plan and financial model for the client was created. Ida-Viru Keskhaigla is a central hospital located in Ida-Virumaa county.

Baltic Gaming

was acquired by

Olympic Entertainment Group

Advisor to Olympic Entertainment Group, one of the leading gaming companies in Eastern Europe, in the acquisition of Latvian casino operator Baltic Gaming.

Fontes Grupp

sold its HR management units in the Baltics

Advisor to the shareholder of AS Fontes Grupp in the trade sale of the group’s HR management units in the Baltics. The companies are leading HR management consulting firms in the Baltics.

Haapsalu Kuurort

was sold by

Haapsalu City and AS Heal

Advisor to the majority shareholders of AS Haapsalu Kuurort in the sale process of the company. AS Haapsalu Kuurort operates Spa-hotel „Laine” in Estonia.

Viimsi Tervis

was acquired by

Askembla Asset Management

Advisor to the owners of OÜ Viimsi Tervis in the sale process of the company to a financial investor. OÜ Viimsi Tervis operates a Spa-hotel „Viimsi Spa” in Tallinn, providing services of a hotel, health centre, beauty and fitness center.

Hansapank

was acquired by

FöreningsSparBanken AB

Representative of Hansapank’s minority shareholders, accounting for 3.6% of the total shares of the company, in the tender offer made by FöreningsSparbanken AB.

IT Alise

was acquired by

TietoEnator

Advisor to the shareholders of IT Alise – software developer and service provider – in the trade sale of 51% of the company share capital to the Finnish-Swedish IT concern TietoEnator.

The Wilhelmsen Terminal Ltd.

was sold by

Barwil Agencies

Advisor to Barwil Agencies – one of the world’s leading suppliers of port and marine services – in the sale of its subsidiary The Wilhelmsen Terminal Ltd, through a 100% MBO. Wilhelmsen Terminal Ltd offers stevedoring services in Riga Free Port.

Mulgi Reisid

was acquired by

Hansabuss

Advisor to AS Hansabuss in the acquisition of 97.2% of shares of AS Mulgi Reisid. Mulgi Reisid operates inner-city, and domestic long distance lines, plus provides bus charter services.

SA TÜ Kliinikum

EUR 16,000,000

EUR 16 millon of debt raising to finance the extension project of the main building of Maarjamõisa Hospital.

AB Lietuvos Dujos

Arranging a bond issue for AB Lietuvos Dujos, Lithuanian gas transmission and distribution company.

AS Mistra Autex

Advisor to the management of AS Mistra Autex in debt raising for financing the buyout of 56,8% of shares from other shareholders. Mistra-Autex is a producer of non-woven and tufting roll carpet and carpet products.

Baltic Property Trust AS

Private equity placement. Baltic Property Trust AS is the leading high-quality property trust investing in prime commercial properties at central locations of the Baltic States.

AS Balti Investeeringute Grupp

Arranging in cooperation with Sampo Pank a 1-year bond issue for AS Balti Investeeringute Grupp, the biggest lender of money to private persons in the Baltic States after banks and leasing companies.

Ehitus Service

was acquired by

Askembla Asset Management

Advisor to shareholders in the strategic sale of the company. AS Ehitus Service operates one of the largest DIY chains in Estonia.

Baltsport SIA

was acquired by

Sportland Latvia

Advisor to SIA Sportland Latvia, a subsidiary of the leading sporting goods retailer in the Baltics, in acquisition of its former Latvian competitor, Baltsport SIA.

Mistra-Autex

was acquired by

its management

Advisor to the management of AS Mistra Autex in a buyout deal of 56.8% of shares from other shareholders. As a result the management together with employees controls 100% of the company. Mistra-Autex is a producer of non-woven and tufting roll carpet and carpet products.

ETS

was acquired by

Empower EEE

Advisor to Empower EEE AS in the privatisation of Elektros Tinklu Statyba, an electric grid network construction company in Lithuania. Empower is one of the largest service providers in the energy sector in Finland and the Baltic countries.

Latvenergo

Advisor to Latvenergo, a Latvian major electricity generator and supplier, in outsourcing of some of the non-core business lines.

City of Tallinn

Advisor to the City of Tallinn in the financial evaluation of alternatives for Tallinna Linnahall, the seaside real estate complex.

Latvian Shipping Company

Advisor to the Latvian Shipping Company on company valuation. The company provides safe and high-quality freight shipments across all the world’s seas and oceans.

Nabukas

was acquired by

Libra Group

Advisor to Libra Group, a Lithuanian furniture and furniture parts producer, in the acquisition of Nabukas, a kitchen furniture producer in Lithuania.

Nemuno Banga

restructuring and sale of 1/3 stake

Advisor to the restructuring of Nemuno Banga and the sale transaction of 1/3 of the shares. Nemuno Banga is a manufacturer of PET preforms and plastic bottles in Lithuania.

Limatika

was acquired by

Rubicon Group

Advisor to the sale of UAB Limatika to Rubicon Group. Limatika is a Lithuanian company providing industrial and energetics engineering products and services. Rubicon is one of the largest groups of enterprises in Lithuania, uniting more that 30 companies.

LHV Varahaldus

has merged with

Seesam Varahaldus

Advisor to the merger of AS LHV Varahaldus and Seesam Varahalduse AS. As a result of the merger the largest pension fund manager by the number of funds was created.

Kinnisvaraweb

was acquired by

private investors

Advisor to private investors in a strategic acquisition of Kinnisvaraweb, a residential real estate brokerage website.

Subsidiaries of TELE2

were acquired by

Starman

Advisor to the transaction whereby Estonia’s largest CATV and broadband operator AS Starman acquired three CATV and broadband companies from TELE2 in Estonia.

Moteris

was acquired by

Ekspress Grupp

Advisor to the owners of UAB Moteris, a Lithuanian publisher, in a sale transaction to AS Ekspress Grupp.

Sportland

EEK 150,000,000

Advisor to Sportland, the leading sporting goods retailer in the Baltics in debt capital raising in the Baltics and Russia.

AS Mecro

Arranging a 3-year bond issue for AS Mecro, a company focused on construction tools sales, rental and maintenance.

Lietuvos Draudimas Group

LTL 23,300,000

Arranging a share issue for Lietuvos Draudimas Group, the biggest non life insurance company in the Baltic States.

AS Aeroc

Advisor to the construction materials producer AS Aeroc in debt and equity capital raising.

SA TÜ Kliinikum

Advisor to the Estonian leading hospital SA TÜ Kliinikum in the financial feasibility study of its long-term development plans.

Lattelekom

Advisor to the leading Latvian telecommunications company Lattelekom in the business restructuring, as a resulf of which transportation services were outsourced.

AS Silberauto

Advisor to a leading car retailer in Baltic countries AS Silberauto in the valuing a potential takeover candidate. As a result the client bought the shares of the target company.

Ösel Foods

was acquired by

its management

Advisor to the majority shareholders of AS Ösel Foods, the leading juice and soft drinks producer in Estonia, in the sale of the company to the management in an MBO transaction.

Hoetika-ATU

was acquired by

Lassila & Tikanoja Oyj

Advisor to the shareholders of SIA Hoetika ATU, the largest Latvian waste management company, in the trade sale of Hoetika to the largest Finnish environmental management company Lassila & Tikanoja Oyj.

Connecto

was acquired by

Eltel Networks

Seller

Eesti Telefon

Advisor to AS Eesti Telefon in attracting a strategic partner for its networks construction and maintenance subsidiary AS Connecto. In the transaction the minority holding in Connecto was purchased by Eltel Networks.

Eesti Post

Advisor to the national postal services company AS Eesti Post in the evaluation of potential acquisition targets.

TAK Reisid

was acquired by

Hansabuss

Sellers

Tallinna Autobussikoondise AS

Advisor to AS Hansabuss in the acquisition of 100% shares of AS TAK Reisid from Tallinna Autobussikoondise AS, the inner-city bus transportation company owned by the City of Tallinn.

International Water

EEK 1,250,000,000

Advisor to International Water, an international water services company, in the capital restructuring of its subsidiary AS Tallinna Vesi.

EGeen International Inc.

EEK 10,000,000

Advisor to EGeen International Inc. in equity capital raising from domestic investors for financing the Estonian Genome Project.

AB Lietuvos Dujos

LTL 20,000,000

Arranged an LTL denominated bond issue.

Amserv Grupp

was acquired by

Lõhmus Haavel & Viisemann

Sale of its 28% stake in Amserv Group, one of the leading car retailers in the Baltics. Amserv sells Toyota, Opel and Lexus brands in the Baltics.

Eesti Vabariigi Valitsus

Advisor to the Ministry of Social Affairs in the implementation of a capital expenditures financing scheme for healthcare providers.

Balteco

was sold by

minority shareholder

Advisor to the minority shareholder of AS Balteco, the largest Estonian whirlpool and massage cabins producer, in the sale of 33.4% shares.

AB Virqula

was acquired by

strategic investor

Advisor to the strategic sale transaction of Lithuanian electric energy company AB Virqula.

Eesti Elektrivõrkude Ehitus

was acquired by

PVO Palvelut Oy (Empower Oy)

Advisor to the minority shareholders of AS Eesti Elektri-võrkude Ehitus, an electric engineering company, in the sale transaction to Finnish company PVO Palvelut Oy (Empower Oy).

Sanatorija "Egle"

was privatised

Advisor to the buyer of Sanatorija Egle in the privatization process. Sanatorija Egle is a treatment and rehabilitation centre in Lithuania.

SIA Dati

was acquired by

Anite Group

Advisor to the shareholders of the leading Latvian IT system integration and software company SIA Dati in the trade sale of Dati to European IT consultancy and outsourcing provider Anite Group, listed on London Stock Exchange.

Osta.ee

was acquired by

Lattelekom

Advisor to the shareholders of an Estonian leading auctions manager, OSTA.EE, in a sale of its minory stake to a Latvian telecom company, Lattelekom

AB Lietuvos Energija

LTL 85,000,000

Arranging eight issues of notes of AB Lietuvos Energija under its USD 375,000,000 Medium Term Note programme.

Lietuvos Dujos

EUR 30,000,000

Arranging the initial issue of Arranged a private placement of floating rate notes for AB Lietuvos Dujos.

Lietuvos Dujos

Arranging the initial issue of commercial papers for a Lithuanian gas transmission and distribution company Lietuvos Dujos.

AB Lietuvos Dujos

Arranged a first-ever LTL denominated bond issuance programme, for AB Lietuvos dujos.

YIT Construction

Advisor to the Finnish YIT Construction in the tender offer for the minority shareholders of AS FKSM, one of the leading construction companies in Estonia.

SA TÜ Kliinikum

Advisor to the Estonian leading hospital SA TÜ Kliinikum in the financial feasibility study of its new hospital building.

SA Pärnu Haigla

Advisor to SA Pärnu Haigla in the fi