Cobalt‘s experienced practitioners assist multinational corporations, venture capitalists, and private equity investment funds with high-value financings, transactions, restructurings, and takeovers, as well as advising on sanctions compliance. The firm has considerable experience advising on cross-border mergers and joint ventures, especially in the energy space, with mandates extending throughout the Baltics, Scandinavia, and beyond. Gatis Flinters heads up the dedicated corporate and commercial group, while Guntars Zīle oversees the M&A offering. With nearly three decades experience, managing partner Dace Silava-Tomsone provides additional strength in corporate governance and merger control issues. At the senior associate level, Diāna Zepa is noted.

With an enviable client roster which includes the likes of AT&T, Blackstone, and Booking.com, Ellex ’s corporate and M&A practice is trusted to advise on large transactions and reorganisations, often entailing complex competition elements. The team is especially well suited to assisting foreign investors with acquisitions, complex joint ventures and strategic mergers across a spread of sectors. Practice head and co-founder Raimonds Slaidiņš excels across the M&A space, including in majority and minority investments. Filips Klavins has key strength in cross-border acquisitions, while Sarmis Spilbergs leads on work with a nexus to regulated industries. Maris Brizgo is also noted for his M&A, public procurement, and restructuring experience.

Praised by clients for its ‘exceptional understanding and competence to serve cross-border M&A deals’, Sorainen remains a key regional player in the transactional space. The firm is instructed by an array of private equity investors, leasing companies, energy developers, and global corporations, with work covering the gamut of corporate and commercial mandates. Eva Berlaus and Nauris Grigals jointly lead the team; the former is especially active on private equity transactions and corporate governance issues, while the latter has extensive experience handling complex M&A deals. Associates Renāte Purvinska and Natālija Ešenberga are also noted. Jānis Līkops was a new arrival in April 2024.

WALLESS fields an experienced and agile team which advises a diverse set of alternative investment funds, commercial banks, and major corporations. In addition to M&As and divestments, the team has considerable experience handling ownership structuring, joint ventures, and state aid compliance issues, across sectors ranging from energy to real estate. The team is led by a trio comprising corporate expert Zane Eglīte-Fogele; Sintija Radionova, who brings banking and finance expertise to the group; and Aivars Lošmanis, who is experienced in both the transactional and disputes spaces. Corporate real estate expert Kristīne Gaigule Šāvēja is another key contact.

Eversheds Sutherland Bitāns‘ corporate, commercial and M&A practice offers expertise in the full range of transactional, organisational and sanctions-related work, boasting both English and Latvian law capabilities. The team acts for a blend of public and private companies, investors and start-ups, and has been particularly active in the telecoms and mobile, retail and logistics, and energy sectors. Team lead Māris Vainovskis has a strong track record on cross-border transactions, restructurings and reorganisations. Senior associates Dmitrijs Ņemirovskis and Elīna Vilde are also integral team members.

FORT advises on the full lifecycle of transactions, with areas of expertise including corporate governance, restructurings, and compliance issues. The firm assists a range of start-ups and investors across a plethora of sectors; notably this includes real estate and IT, as well as more niche areas like forestry. The arrival of banking and finance expert Maris Liguts from Baltic International Bank in 2023 has further rounded out the firm’s corporate offering. Jānis Līkops left the firm in April 2024.

‘A knowledgeable, responsive, and efficient team’, Kronbergs Cukste Levin assists large multinational clients with a wide scope of corporate, commercial and M&A matters, ranging from mergers and market entry, to corporate governance and restructuring. Valters Kronbergs leads the team with over 25 years’ experience, bringing particular expertise in cross-border M&A deals to his role. Vineta Čukste–Jurjeva is another key member, as is Kristine Sakarne.

TGS Baltic is regularly engaged by public and private shareholders, asset managers, venture capital funds, and other financial institutions to advise on share purchases and sales, joint ventures, and M&A deals. Transactions in the energy space, especially in relation to wind and solar power, have represented growing streams of work, with real estate, retail and sports also increasing in importance. Practice head Andra Rubene leads on a large portion of transactions, and has further experience covering EU and competition, employment, and tax law. Armands Masulis and Agnese Hartpenga are noted for their work on M&A delas in the energy space. Senior associate Anna Vaivade is recommended for her corporate governance and investment funds expertise, alongside her background in technology and IT.

VILGERTS handles the gamut of corporate, commercial and M&A matters, including advising on sanctions-related disruptions. The firm is involved in a number of sizable cross-border matters, with real estate, energy, manufacturing, and IT being key sectors of expertise. Gints Vilgerts and Elīza Grīnvalde jointly lead the group; the former focuses on M&A and corporate restructuring, together with shareholder interest cases, while the latter has additional expertise in related immigration, fintech and AML issues.

BDO Law‘s team advises on M&A transactions, tax issues, and corporate governance, including initial registration and wind-up operations. With over 20 years of experience, co-head Janis Zelmenis has a focus on high-net-worth individuals, venture capitalists, and executives across the Baltics and wider EU region. Zelmenis' counterpart, Vita Liberte, is an experienced corporate and commercial expert, who handles transactions for a range of public, private, and not-for-profit clients.

ZAB Deloitte Legal is often instructed by clients to advise on complex management and shareholder structuring and compliance issues, including the enactment of employee incentivisation schemes. The team is also proficient in cross-border acquisitions and mergers. The firm chiefly advises banks and financial investors, and also counts several notable corporates among its clients. Ivita Samlaja  and Jānis Čupāns are the key senior contacts.

Praised for its ‘outstanding client service‘, drill. Law Firm‘s corporate and commercial team is led by Ieva Judinska-Bandeniece, who has over 25 years’ experience covering a range of corporate, IP and fintech matters. The practice advises a number of investors and start-ups on day-to-day matters, in addition to acquisitions, restructurings, and holding structure issues. The team is also noted for its expertise in management buyouts, as well as the implementation of employee stock ownership plans. Uldis Judinskis and senior associate Edgars Turlajs are also integral team members.

KPMG Law ZAB SIA‘s corporate and M&A team assists with transactions and restructurings, as well as due diligence and the implementation of employee motivation and joint stock initiatives. Ieva Tillere-Tilnere leads on the M&A side, and has nearly two decades of experience assisting with domestic and cross-border transactions and negotiations. Uģis Ludiņš helms the corporate and commercial team, and is well versed in advising on structuring and liquidations.

Law firm Cersjurkans advises a multitude of shareholders and holding companies on high-value cross-border purchases and mergers, as well as assisting with reorganisations. Although the firm covers a range of sectors, the practice is particularly known for handling large transactions in the forestry space. Jānis Jurkāns heads up the practice, ably supported by associate Kristaps Dortāns.

NJORD Law Firm advises a set of foreign and domestic shareholders on corporate restructurings, as well as assisting with entry to the Latvian market. The practice also has experience handling acquisitions and demergers, and is well placed to provide support across the Nordics and Baltics through its network of regional offices. Recently, the IT and e-banking sectors have been particularly active. Dmitri Kolesnikov is the key senior contact.

PricewaterhouseCoopers Legal advises both buyers and sellers on a range of transactions and corporate governance reorganisations, as well as regularly handling merger clearance cases. The firm acts for a combination of holding companies, investors and start-ups, with work coming from a span of sectors, ranging from logistics and manufacturing, to technology and IT. M&A expert Jānis Gavars heads the team, bringing additional experience in banking and finance matters, together with restructuring and EU regulation, to his role. At the senior associate level, Karina Daugaviete and Elvita Gece are recommended.