Grant Thornton Baltic audited the acquisition report prepared by Eesti Energia AS, the main shareholder of Enefit Green AS, for the acquisition of shares belonging to minority shareholders.
Grant Thornton Baltic provided consultation to OptiPRO OÜ, which operates a retail chain of optometry stores under the brand Pro Optika and acquired the holding company of the Pere Optika chain, Optiland Eesti OÜ. After receiving a merger permit from the Competition Authority, the transaction was completed on June 10, 2024, and OptiPRO OÜ acquired a stake in Optiland Eesti OÜ.
KJK BLTK Holding OÜ, the majority shareholder of Baltika, wished to carry out a valuation for the purpose of deciding whether to make a takeover offer to minority shareholders.
Grant Thornton Baltic's financial advisory team helped Kilingi-Nõmme Cooperative to prepare a financial model and forecast, which was the basis for the Net Present Value (NPV) scenario analysis.
In the past three years, the business environment has been significantly affected by COVID-19, Russia's invasion of Ukraine, high inflation, ever-rising interest rates, the energy crisis, as well as some instability in the world's banking sector in recent months.
In August 2022, Grant Thornton Baltic concluded a financial and tax due diligence for an Estonian start-up company Qualitista.
Experts say that activity on the transactions market has returned to previous levels in contrast to the slump in the spring, but it should be remembered that more restrictive conditions are added to contracts in hard times.
The Nordic venture capital fund Inventure invested 11.6 million euros in the Estonian startup Jobbatical in 2022.
The Covid-19 crisis has undoubtedly disrupted the equilibrium model of the world economy, as well as on the micro-level the equilibriums of many businesses. Whether your company will exit this crisis alive or even stronger will depend on your ability to rethink the strategic position and business model in the context of the new normal that is still yet to unfold.
The spread of the coronavirus has brought a leap in the adoption and utilisation of e-commerce, but when moving your business online, it is necessary to first consider taxes, marketing and the choice of business model.
A CRM software provides a company with a comprehensive overview of its customer data and relationships, thus, supporting both sales and marketing. As a result, both the company's sales activities and internal efficiency improve. Grant Thornton Baltic's Digital Marketing Strategist Erik Suits has made a practical comparison of the most used CRM sustems. Find out more!