Sorainen Estonia has advised Intrum on the purchase of Danske Bank's Estonian portfolio of overdue loans.
Intrum is a credit management company with experience in financial and collection services that has a presence in 24 European countries.
According to Sorainen, the acquisition will enhance Intrum’s market position and allow the company to expand its competence in managing collateralized assets.
The Sorainen team consisted of Senior Associate Monika Tomberg and Associate Kristjan Nommik.
Sorainen could not disclose any further information on the deal.