Ellex receives 2024 CEELM Deal of the Year Awards
On the evening of April 1, 2025, the Deal of the Year Awards Banquet brought together, under the same roof, over 200 top-tier lawyers from Central and Eastern Europe’s leading law firms and General Counsel from across the region in Prague. Ellex has received two awards at the CEE Legal Matters Deal of the Year Awards Banquet: 2024 Estonia Deal of the Year for our work on Mainor Ülemiste’s acquisition of stake from Technopolis Baltic Holding, and 2024 Lithuania Deal of the Year award for our work on AB Siauliu’s Securitization Vehicle.
About the projects:
Mainor Ülemiste AS Investment
Ellex advised Neokapital OÜ on the investments in Mainor Ülemiste AS, as a result of which the investor acquired approximately a 35% stake in the group. The investment financed, among other things, the acquisition of a 51% stake in Technopolis Ülemiste AS from Technopolis Oyj (Kildare Partners real estate fund). The core team included Ermo Kosk, Jaanus Ikla, Dmitri Rozenblat, Rutt Värk, Kaisa Jakobsoo, Hanna Pahk, and Karl Rudolf Org.
AB Siauliu Securitization Vehicle
Ellex received the second award for our outstanding work on AB Siauliu’s Securitization Vehicle. This complex financial transaction highlights the expertise and dedication of our team in navigating the intricacies of securitization and ensuring successful outcomes for our clients.
Ellex assisted the European Bank for Reconstruction and Development (EBRD) providing a EUR 25 million loan to the SB Modernization Fund 2, managed by Šiaulių Bankas. The Innovative Fund aims to improve the energy efficiency of multi-apartment buildings and reduce carbon dioxide emissions in Lithuania. This was an unprecedented securitization transaction based on Lithuanian law, requiring a deep understanding of the various aspects of securitization. Ellex team was led by Eglė Neverbickienė, with significant input from Eglė Radvilaitė.
We would like to extend our heartfelt thanks to our clients for their trust and support, which inspire us to achieve these remarkable milestones. We remain focused on delivering exceptional service and fostering strong client relationships and look forward to continuing to contribute to impactful projects in the region.
