Ellex Raidla has advised SG Capital Partners Fund I on the acquisition of a 90,000 square meter logistics complex near the Plavinieki and Dreilini districts in Riga by acquiring shares in SIA Beinits and SIA Balt Cargo Solutions from a group of private investors. The sellers were reportedly advised by Rasa, Esenvalds, and Radzins. Financial terms were not disclosed.
SG Capital Partners Fund I is an alternative investment fund registered in Latvia and managed by SG Capital Partners AIFP.
Ellex’s team in Latvia included Partners Ivars Pommers and Inita Jurka, Senior Associate Zane Miglane, and Associates Ineta Kanepe and Marats Golovkins.
The Rasa, Esenvalds, and Radzins team included Partner Armands Rasa and Attorney Liene Pommere.