Financial Services
The finance sector is not just transforming. It’s being redefined. FinTech has reshaped client expectations. Regulation demands tighter compliance. Capital is moving at a new speed. At TEGOS, we help financial institutions lead through change, not react to it.
Our clients include three of the four largest Baltic banks, leading private equity and insurance firms, as well as a growing number of fast-scaling FinTechs. We advise across licensing, market entry, compliance, transactions, and innovation — from IPOs and securitisation to green finance and next-gen instruments.
Our interdisciplinary team connects regulatory insight, transactional depth, and strategic clarity. Whether launching new products or managing complex oversight, we provide the legal structure to enable financial progress.
Experts in this field
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- Estonia
- Latvia
- Lithuania
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Sander KärsonEstonia -
Vilius BernatonisLithuania -
Agnius PilipavičiusLithuania -
Chirag ModyEstonia -
Dalia AugaitėLithuania -
Helmut PikmetsEstonia -
Inese HazenfusaLatvia -
Karolina LapinskaitėLithuania -
Kirsti PentEstonia -
Matas BalėnasLithuania -
Paul VarulEstonia -
Triin KaurovEstonia -
Uldis JudinskisLatvia -
Žygimantas StankevičiusLithuania -
Evelina Tumakova-KuzmičLithuania -
Giedrė BurdulytėLithuania
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Mantas GofmanasLithuania -
Rasa BlinstrubienėLithuania -
Sebastian Okinczyc, PhDLithuania -
Lina MileškevičienėLithuania -
Karl KullEstonia -
Kedli AnveltEstonia -
Rūdolfs VilsonsLatvia -
Anet JaksEstonia -
Harijs LielvārdsLatvia -
Jonas ŠalnaLithuania -
Karolina KasciukevičiūtėLithuania
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Kaspars TreilibsLatvia -
Kristīne PuķēnaLatvia -
Laura ĒrkšķeLatvia -
Margarita IvanovaLatvia -
Mārtiņš GalzonsLatvia -
Olger KaelepEstonia -
Evelina SavickaitėLithuania -
Gabija Barbora ČesnulėLithuania -
Kristijonas PovyliusLithuania -
Paulius BaronasLithuania -
Paulius LiškauskasLithuania -
Rainer Urmas MaineEstonia -
Elīna Estere StrautiņaRiga -
Enrika GudzevičiūtėLithuania -
Gustė LatvytėLithuania
No experts match selected filter.
Deals & cases
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06.10.2026 | EstoniaPro Kapital brings its financing back to the Baltics as bond offering is oversubscribed twofold and increased to EUR 10 million
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16.09.2026 | LithuaniaPerpetus Wealth has obtained a category C brokerage firm licence from the Bank of Lithuania
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27.08.2026 | LithuaniaEvernord Asset Management has obtained a management company licence under the Alternative Investment Fund Managers Directive
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24.08.2026 | LithuaniaAria Securities Receives Category C Financial Brokerage Firm Lincence
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03.08.2026 | LatviaLMT Finance has been granted a license to offer consumer credit services
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22.07.2026 | EstoniaEurobank and Inbank establish strategic embedded finance joint venture
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15.07.2026 | LithuaniaMerko Statyba secures EUR 369 million financing for Lot B and Lot C of Lithuania‘s Rūdninkai military base
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02.07.2026 | Latvia, RigaLatvenergo Issues EUR 300 Million 7-Year EU Green Bond Under Its EMTN Programme
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28.05.2026 | Estonia, Latvia, LithuaniaLemon Gym accelerates expansion: secured €22 million financing
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14.04.2026 | EstoniaInvego Group OÜ raised EUR 8 million through a public bond issue
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23.03.2026 | LithuaniaTop Sport Sells a 70% Controlling Stake to Fortuna Entertainment Group
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17.03.2026 | LithuaniaTesonet Global targets to increase its interest in Artea Bank
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04.03.2026 | Estonia, Latvia, LithuaniaTele2 and GCI completes the transaction to create the first pan-Baltic tower company
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09.01.2026 | EstoniaTuleva Fondid AS expands its investment offering with a new UCITS fund
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23.12.2025 | LithuaniaA Landmark EUR 160 Million AAA-Rated Green Bond and Loan Note Issuance: ILTE’s “Vytis Reno Loans” Project
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03.12.2025 | LithuaniaVilniaus prekyba UAB completed the sale of the café chain Caif Cafe and Restoranas 12
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21.11.2025 | LatviaINVL Bridge Fund successfully exits from Finto Capital
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14.11.2025 | LithuaniaRefi Green has entered the Nasdaq Baltic First North market
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20.10.2025 | LatviaEleving Group public bond issuance and funds allocation
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18.10.2025 | LithuaniaNala Renewables has secured three acquisition financing facilities from Luminor Bank AS
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13.10.2025 | LatviaLuminor, EBRD and Northern Investment Bank allocate EUR 92 million for wind farm development
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29.09.2025 | LatviaShareholders of VAIRO IPAS sell 100% of their shares to IPAS INDEXO
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05.08.2025 | LithuaniaINVL Asset Management invested in the acquisition of Mykolas Romeris University’s old campus
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25.06.2025 | LithuaniaFinpro LT 1 Bond issuance program up to EUR 10 million
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30.05.2025 | Estonia, LatviaTEGOS advised Invego on a successful €8 million bond issue
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06.05.2025 | EstoniaTEGOS advised SEB on the lease agreement for its new Baltic headquarters in Tallinn
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15.04.2025 | Estonia, Latvia, LithuaniaBonava EUR 397.6 M Senior Facility and SEK 960 M Green Bond Issuance
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11.02.2025 | LithuaniaTEGOS assisted in the project of synchronisation of the Baltic States’ electricity grids with the grids of continental Europe
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07.01.2025 | LithuaniaThe European Investment Bank secured additional €60 million in financing from Šiaulių bankas for the renovation of multi-apartment buildings in Lithuania
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02.01.2025 | LithuaniaNala Renewables, which acquired six solar power plants in Lithuania, borrowed €25 million from Luminor
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16.12.2024 | LithuaniaLithuania and EIB team up in €100 million initiative for greener housing
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21.08.2024 | LithuaniaDelamode Baltics UAB received financing from ACP Credit
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23.04.2024 | LithuaniaAdvised Röntgen Asset Management (UAB Ketvirta Diena) on obtaining permission to operate as a management company of collective investment undertakings for informed investors
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12.03.2024 | LithuaniaTGS Baltic assisted Ignitis Group in signing a 105 million EUR long-term financing agreement with EIB
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13.02.2024 | LithuaniaTGS Baltic assisted European Investment Bank (EIB) on signing an agreement with Šiaulių Bankas to set up and manage a second EUR 200 million renovation fund.
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04.02.2024 | LithuaniaTGS Baltic team advised AIM Invest on successfully obtaining a category C financial brokerage company license
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16.11.2023 | LithuaniaTGS Baltic advised European Investment Bank (EIB) on signing a €25 milion agreement with Klaipėdos vanduo
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12.09.2023TEGOS advised Värska Originaal, the leading mineral water producer in Estonia, on a buyout of its minority shareholders and refinancing of the company
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02.05.2023 | LithuaniaTGS Baltic advised Ignitis Group on EUR 225 million multi-option facility agreement with MUFG Bank
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30.12.2022 | LithuaniaBig win in court representing the largest Lithuanian capital bank Šiaulių bankas in three-year-long proceedings regarding the imposition of the biggest AML fine in the banking sector
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21.09.2022TEGOS advised on a EUR 11.6 million investment transaction in Estonia
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29.04.2022 | LithuaniaRepresented EIB in signing an operational agreement with Šiaulių bankas for establishment and management of EUR 275 million renovation fund. It is the first fund of this type in Europe, intended for performance of a public function
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11.11.2021 | LithuaniaTGS Baltic successfully represented Šiaulių Bankas in a dispute with the Bank of Lithuania
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10.09.2021TEGOS advised Estateguru on raising series A round investment of EUR 5.8M
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01.06.2021 | LithuaniaTGS Baltic advised Luminor Bank on arranging syndicated financing
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06.04.2021 | LithuaniaTGS Baltic advised Arcapay on obtaining a payment institution licence from the Bank of Lithuania
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06.01.2021 | LithuaniaTGS Baltic advised Luminor Bank on arranging syndicated financing
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31.12.2020 | LithuaniaTGS Baltic represented the European Investment Bank on signing an exclusive deal with Šiaulių bankas for the establishment and management of a EUR 200 million renovation fund
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02.10.2020 | LithuaniaTGS Batic advised The Bank of New York Mellon on the largest-ever IPO in the Baltics by Ignitis Group
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15.07.2020 | LithuaniaTGS Baltic represented Opera Limited in the acquisition of Fjord Bank
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14.04.2020 | LatviaTGS Baltic provides support in the transaction for the supply of surgical face masks from the People’s Republic of China
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10.03.2020 | LatviaTGS Baltic assisted Rabobank in relation to a financing transaction in Latvia
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02.03.2020 | LatviaTGS Baltic assisted CVI on preparation and negotiation of a secured mezzanine bonds transaction
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01.01.2020 | LatviaFrom 2018 to 2020, TGS Baltic provided legal assistance to several clients in large-scale money laundering cases
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24.10.2019 | Estonia, Latvia, LithuaniaTEGOS advised Global Rubber Industries (Pvt) Ltd in purchasing the shares of Nortire OÜ
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21.10.2019 | LatviaTGS Baltic assisted Inspired, a leading global premium schools group, with entering into transaction with British schools group, King’s College.
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09.10.2019 | LatviaTGS Baltic provides legal assistance in the development of guidelines for anti-money laundering measures.
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24.09.2019 | Estonia, Latvia, LithuaniaTGS Baltic assisted SIA Brain Games with the acquisition of Lithuania’s wholesaler and retailer of board games and toys UAB New Media Publishing
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04.09.2019 | LatviaTGS BALTIC Latvia successfully represents leading Latvian hotel operator Mogotel (www.mogotel.com)
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29.08.2019 | LatviaTGS Baltic assisted Bergs Timber AB on a refinancing transaction
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18.06.2019 | LatviaTGS Baltic successfully represented the insolvent SIA Viesis 2
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02.05.2019 | LatviaTGS Baltic squashed the damages claim of VAS Privatizācijas aģentūra against the shareholders of AS Grindeks in amount of EUR 1,903,294.80
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17.04.2019 | LatviaTGS Baltic assisted with commencement of opening of the first Zara Home shop in Latvia
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16.04.2019 | LatviaTGS Baltic assisted with the opening of one of the largest malls in the Baltics – Akropole
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07.02.2019 | Estonia, LatviaTGS Baltic assisted LMT GROUP AB (Sweden) with acquisition of a number of PLM Group companies in Latvia and Estonia.
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30.01.2019 | LatviaTGS Baltic helps Polish Fund obtain clearance for merger with Morele.net. Sp.z.o.o.
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08.01.2019 | LatviaTGS Baltic assisted Expobank CZ a.s. with financing the acquisition of the Radisson Blu Daugava Hotel by Astor Group (Latvia) from PBR Hotel (USA)
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06.01.2019 | LatviaTGS Baltic assisted Belgian investment group Straco
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02.01.2019 | LatviaTGS Baltic assisted AS Augstsprieguma tīkls with obtaining of the merger clearance by the Latvian Competition Council for potential acquisition of a decisive influence over AS Conexus Baltic Grid
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01.01.2019 | LatviaTGS Baltic provides legal assistance in the field of crime taxation
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05.10.2018 | LatviaTEGOS provided legal assistance to the 51% majority shareholders of SIA S.B.C. in sale of their shares to the minority shareholder the Norwegian company Contiga Holding AS
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03.10.2018 | Estonia, Latvia, LithuaniaTGS Baltic advised Poland investment fund and fund manager CVI regarding “unitranche” funding to “Arsenal Industrial”
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11.09.2018 | Estonia, Latvia, LithuaniaAssisting IK Investment Partners in the acquisition of Katsastus Group’s operations
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02.05.2018 | LatviaTGS Baltic client Overkill Venture AIFP acquires status of a registered alternative investment manager and registrates two funds
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06.03.2018 | LatviaTEGOS provided legal assistance to the University of Latvia regarding EUR 11.5 million loan agreement of the Council of Europe Development Bank
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13.02.2018 | LatviaTGS Baltic assisted BENU Aptieka Latvija SIA with acquisition of 100% of shares of SIA Pils zaļā aptieka
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19.01.2018 | LatviaTGS Baltic assisted KnowledgePrice with the sale of 100% shares to Sapiens International Corporation
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04.01.2018 | Latvia, LithuaniaTGS Baltic advised the Ministry of Economics on acquisition of 16,05% of the shares of AS Conexus Baltic Grid from SIA ITERA Latvija
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29.12.2017 | LatviaTGS Baltic advised the Ministry of Economics on the acquisition of 18.31% of the shares of AS Conexus Baltic Grid from Uniper Ruhrgas International GmbH
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22.11.2017 | LatviaTGS Baltic provided legal assistance to the Expobank AS regarding introduction of Financial Instrument Market Directive 2014/65/EU (MiFID II) in the operations of bank
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17.10.2017 | Estonia, Latvia, LithuaniaTGS Baltic ranks high in IFLR1000
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11.09.2017 | LatviaTGS Baltic assisted BENU Aptieka Latvija SIA with acquisition of 100% of share of SIA Cēsu Vecpilsētas Aptieka
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28.08.2017 | Estonia, Latvia, LithuaniaTEGOS assisted Clear Channel International BV with organising of the due diligence process of Clear Channel subsidiaries in Latvia, Estonia and Lithuania
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23.08.2017 | LatviaTGS Baltic assisted HAVI Global Logistics GmbH with buy-out of the minority shareholder of HAVI Logistics SIA
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26.07.2017 | LatviaTGS Baltic provided legal assistance to the University of Latvia regarding the 30 MEUR investment contract of the European Investment Bank for the further development of the “Academic Centre”
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25.07.2017 | LatviaTGS Baltic successfully represents FXFair
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10.07.2017 | LithuaniaAdvising LHV Pension Funds on investing into Lithuanian based cable TV and internet services provider Cgates
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17.05.2017 | LatviaTGS Baltic ensured legal assistance to AS DNB bank group during take-over of the pledged assets over EUR 15 million in value
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12.05.2017 | LatviaAdvising shareholders of AS Interbaltija AG on buy out of a minority shareholder (SIA Wine Holding) and subsequent sale of 100% shares of AS Interbaltija AG to Amber Beverage Group
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31.03.2017 | LithuaniaTGS Baltic advised Valeant Pharmaceuticals International, Inc. on financing through credit facility and additional bond issue
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13.03.2017 | LatviaAdvising 20% shareholder of SIA VUDLANDE on buy-out of 80% shareholder of the company – Latvian Timber Ltd. (UK)
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13.03.2017 | Estonia, LatviaAdvising Estonian company 1Home Group AS on acquiring of a student hotel in Latvia and obtaining EUR 8.4 million financing from AS DNB banka
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30.01.2017 | LatviaTGS Baltic Latvia office successfully represents LV Asset Management AIFP
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02.01.2017 | LithuaniaTGS Baltic advised the European Investment Bank (EIB) on the implementation of the fund of funds
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23.12.2016 | LithuaniaTGS Baltic advised the European Investment Bank (EIB) on the creation of the leveraged fund
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01.12.2016 | LithuaniaTGS Baltic advised UAB Šilutės vėjo projektai on revision of finance documents
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01.12.2016 | LithuaniaTEGOS is the legal advisor to the bankruptcy administrator of bank Snoras
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21.07.2016 | Estonia, Latvia, LithuaniaTGS Baltic successfully represents the investment brokerage firm Amenda Markets AS IBS
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20.07.2016 | LatviaTGS Baltic rendered legal assistance to Norvik Banka AS
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30.06.2016 | LithuaniaTGS Baltic advised Mulga, UAB on extension of the loan facility
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06.06.2016 | LithuaniaEIB and Šiaulių bankas renew support for urban renewal in Lithuania
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10.05.2016 | LatviaTGS Baltic provided legal assistance to Skandinaviska Enskilda Banken AB (SEB)
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06.05.2016 | LatviaTGS Baltic provided legal assistance to SEB bank regarding a long-term syndicated loan
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31.03.2016 | Latvia, LithuaniaTGS Baltic advised Swedbank on its acquisition of Danske Bank’s personal banking business
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17.12.2015 | LatviaTGS Baltic assisted Clear Channel International B.V.
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27.10.2015 | LatviaTGS Baltic advised BBG AS and Baltikums Bank AS
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25.09.2015 | LatviaCommunicorp sells the shares of Radio SWH to Cinamon Holding
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23.04.2015 | LatviaTGS Baltic successfully represented a Swedish company in case regarding gross fraud
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18.11.2014 | LatviaTGS Baltic succesfully represented Financial and Capital Market Commission on behalf of Republic of Latvia
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09.09.2014 | LatviaAdvising BAB bankas Snoras in the sale of the head office of Latvijas krajbanka
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01.01.2014 | LatviaRiga Buypass – Senite project
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01.01.2014 | Latvia, LithuaniaTurto Bankas considers sale of property in Latvia
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01.01.2014 | LatviaThe shareholders of S.B.C. reorganise their companies in Latvia
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01.01.2014 | LatviaBeverage distributor SPI Group receives permit to acquire beverage producer AS Latvijas balzams
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01.01.2014 | LatviaAudi dealers Moller group receives a permit to acquire Volkswagen dealers – SIA Motors Latvia, SIA Venta Motors and SIA Miera Auto
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01.01.2014 | LatviaMalinvest/Malsena plius receives permit to acquire Rīgas Dzirnavnieks
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01.01.2014 | LatviaZimmer Sweden arrests embezzled funds
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01.01.2014 | LatviaAn Investor brings legal action against the Republic of Latvia in an international arbitration court
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01.01.2014 | LatviaInsolvency of AS Latvijas Krājbanka
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01.01.2014 | LatviaVestjysk Bank financed acquisition of agriculture land in Latvia
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01.01.2014 | LatviaNordea Bank Finland plc Latvia branch considers financing of a large scale renewable energy production project in Latvia (postponed)
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01.01.2014 | LatviaBank of Tokyo-Mitsubishi UFJ (Polska) S.A. explores provision of cross border services in the Baltics
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01.01.2014 | LatviaDepha ACS Bank and Depfa ACS Bank assign to FMS Wertmanagement AöR secured loan portfolio
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01.01.2014 | LatviaNordea Bank Finland plc extends multicurrency term and revolving credit facilities extended to OneMed Group
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01.01.2014 | LatviaSNORAS is selling the former headquarters
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01.01.2014 | LatviaLiepājas Metalurgs becomes insolvent
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01.01.2014 | LatviaAldaris (Carlsberg group company) restructures operations in Latvia
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01.01.2014 | LatviaInsolvent joint stock company Latvijas Krājbanka sells loan portfolios
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01.01.2014 | LatviaA financial institution merged its asset management companies
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01.12.2013 | LatviaA new investor acquires 50% of the shares of Mūsa Motors Grupa (Volvo dealer in Latvia)
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25.09.2013 | LatviaTGS Baltic represents the shareholders of a Latvian company commencing co-operation with a Norwegian investor – a Contiga group company
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01.09.2013 | LatviaA Latvian steel producer and installer commences co-operation with a Norwegian investor – a Contiga group company
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01.08.2013 | LatviaMobassurance group receives financing from the investment fund Practica Seed Capital
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22.03.2013 | Latvia, LithuaniaMalsena acquired Latvia’s leading flour producer from Lantmännen
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01.03.2013 | LatviaMalinvest/Malsena plius acquires Rīgas Dzirnavnieks from Lantmannen Cerealia
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01.01.2013 | LatviaUS private equity house Apollo considers marketing in Larvia
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01.01.2013 | LatviaThe owner of Alfa Shopping Mall Delta Property settles with IF P&C Insurance and the owner of interior design saloons SIENA
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01.01.2013 | LatviaTaxation of certain transactions of a financial services market player
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01.01.2012 | LatviaSEB banka acquires loan portfolio from Allied Irish Bank
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01.01.2012 | LatviaSEB Wealth Management acquires the rights to manage pension funds and investment plans
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01.01.2012 | LatviaSEB banka acquires loan portfolio from Allied Irish Bank
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01.01.2012 | LatviaSEB Wealth Management acquires the rights to manage pension funds and investment plans
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01.01.2012 | LatviaEko Baltia IPO and listing in the Warsaw Stock Exchange and dual listing in the Riga Stock Exchange/Nasdaq OMX (suspended)
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28.11.2011 | LatviaTGS Baltic represents Audi dealers Moller group in receiving the Latvian Competition Council’s merger permit for merger with the leading Volkswagen dealers in Latvia
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11.03.2011 | LatviaEesti Krediidi pank acquired a good and Radikāls Trests a bad part of the business of Latvijas Biznesa Banka (currently Bank M2M Europe Bank)
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12.01.2011 | Estonia, Latvia, LithuaniaERGO Life Insurance SE created by cross-border merger of Ergo Life Insurance group companies in the Baltics
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01.01.2011 | Estonia, Latvia, LithuaniaERGO Life Insurance SE created by cross-border merger of Ergo Life Insurance group companies in the Baltics
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01.01.2011 | LatviaApranga achieves refund of input value added tax winning the dispute with the Latvian State Revenue Service
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11.06.2010 | EstoniaAdvising Luminor as a creditor in a bankruptcy proceeding
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11.06.2010 | LithuaniaTGS Baltic provided detailed consultations to a Scandinavian capital bank
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11.06.2010 | LatviaAssisted the European Investment Bank
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