Advising AS Eesti Telekom in the acquisition of Green IT

Ellex Raidla advised AS Eesti Telekom to acquire Green IT, a fast growing IT company. The transaction is waiting for approval from the Competition Board.
The team of Ellex Raidla was lead by partner Sven Papp and also included associates Gerda Liik, Gerly Lõhmus and Sven Böttcher.
Eesti Telekom is the largest IT and telecom services provider and a market leader providing services that cover most of companies’ IT infrastructure needs – from computer workstations and e-mail services to cloud-based server solutions and internet connection. Green IT, established in 2006, is an Estonian capital-based fast-growing IT company that provides IT asset management services and its main market is the Baltics.
More information is available here.