Ellex recognized as Baltics M&A Legal Adviser of the Year by Mergermarket

Yesterday, at the ceremony of Mergermarket European M&A Awards, Ellex was recognized as the M&A legal adviser of the year in the Baltics. The winners are chosen from a number of applicants by judges that come from a variety of industry backgrounds.
This year Ellex entered the competition with 15 M&A transactions, majority advised by Ellex Tallinn team. The sales of Estonian and Latvian Gas companies has been the most attractive deals of the year in the Region. Latvijas Gaze (LG) was a landmark transaction that required innovative solutions and stood out from the other deals. This was one of the largest transactions in the Baltics in the past 5 years. Ellex in Estonia and Lithuania have previously advised on similar deals and this pan-Baltic experience had a valuable contribution to the final outcome in Latvia.
Ellex M&A legal practice is led by partners Sven Papp (Estonia), Raimonds Slaidiņš (Latvia), and Dovile Burgiene (Lithuania). According to Sven Papp this award comes as a reward for all the hard work the Ellex team has put into innovative and value-adding work on a number of complex international and local transactions. “It’s a great honour to work with an amazing Ellex team that puts so much energy into what they are doing. We value the fact that our clients trust us with complex issues and we are ready to take on new challenges," said Sven Papp.
According to Bloomberg, Thomson Reuters and Mergermarket rankings, Ellex holds the leading position in the Baltic M&A market. The total number of deals meeting the requirements of Thomson Reuters (31 deal in total), whereas Bloomberg has reviewed 22 deals in total and Mergermarket 15 deals on annual bases.
Mergermarket is the world‘s leading news and intelligence services for mergers and acquisitions that awards creative advisory and work on complex transactions. Mergermarket European M&A awards have been shortlisting the leading M&A financial and legal advisers for ten years.
Ellex Raidla, a member of Ellex, a circle of leading Baltic law firms, is one of the oldest law firms in Estonia, established in 1993. The firm has been involved in nearly all of the major M&A and financing transactions as well as landmark disputes that have taken place in Estonia. The firm's lawyers are very active in legislative drafting and have participated in the drafting of more than 40 laws in Estonia.
Ellex Raidla is one of the few firms in Estonia that is endorsed in Band 1/Tier 1 category by all the major law firm directories and the only firm that is endorsed in Band 1 by Chambers Europe in both areas – disputes and transactions.