Cobalt has advised BaltCap on its investment in Fitekin and Onea software platforms of the Unifiedpost Group.
BaltCap is a private equity investor in the Baltic States.
Fitekin is a digital purchase invoice management system facilitating the management and workflow of e-invoices, PDFs, and paper invoices. Onea creates cloud-based pre-accounting solutions that provide real-time insight from financial data. Fitekin and Onea serve customers in 13 countries across Europe. UnifiedPost Group is a fintech firm headquartered in Belgium.
In 2019, Cobalt advised BaltCap on the sale of its 95% stake in Baltic-based Fitek Holding to the UnifiedPost Group (as reported by CEE Legal Matters on April 5, 2019).
The Cobalt team included Estonia-based Partner Peeter Kutman, Managing Associates Ott Aava and Tonu Kolts, Senior Associate Kerli Salu, Associates Elis Toim, Liis Leedo and Kristiina Kraav, and Junior Associate Kerstin Tang, Latvia-based Senior Associate Martins Tarlaps and Associate Vadims Zvicevics, and Lithuania-based Specialist Counsel Deimante Pagiriene and Associate Agne Saliamone.
Cobalt could not provide further information on the matter.
