We advised one of Estonia’s most successful start-up company, ZeroTurnaround, on the sale of its business to Rogue Wave Software Inc

Ellex Raidla team advised the Estonian start-up company ZeroTurnaround on the sale of its business to Rogue Wave Software Inc., a US software company.
 
ZeroTurnaround is a software company founded by Estonians Jevgeni Kabanov and Toomas Römer. The company develops and sells JRebel, a Java integrated development environment plugin that eliminates the build and redeploy phases of the Java EE development cycle.
 
ZeroTurnaround has received funding at least $13 million; among the investors, there can be listed  for example investment firm Bain Capital as well as Western Technology Investment. The company got the latest round of funding from investors in July 2015.
 
Zero Turnaround was advised by Partner Sven Papp, Counsel Mari Must, Senior Associate Alla Kuznetsova and Lawyer Mirko Kikkamägi.