TGS Baltic advised on the sale of SpiderFoot to Intel 471 Inc., the premier provider of cybercrime intelligence for leading security, fraud, and intelligence teams in the world.
Our team consisting of Mirko Kikkamägi, Kadri Kallas, Helmut Pikmets, Silvia Urgas, Mari-Liis Orav, and Sergei Jegorov advised on all Estonian tax and Estonian law governed aspects of the transaction. We advised the client from negotiation and finalisation of the Estonian transaction documents, including the transfer of IPRs, to assisting with the completion of the sale of 100% shares in SM7 Software OÜ.
Walder Wyss, led by Boris Raeber, advised the selling founder as the lead counsel.
According to senior associate Mirko Kikkamägi, the transaction was noteworthy due to its cross-border element and heavy involvement of complex IP aspects.
