Cobalt has advised Alexela on the acquisition of the remaining 50% stake in Rohe Solution from Finland's Haminan Energia.

TGS Baltic, working with Oppenhoff, has advised Hawesko on its partnership with the Dunker Group through the acquisition of 50% of Dunker Group's shares. Triniti advised Arkastro OU, the holding company of Dunker Group founder Arvo Kask, who sold his stake to Hawesko.

TGS Baltic has advised agriculture technology startup Paul-Tech on its EUR 1.4 million seed round led by Estonian venture capital fund Superangel and including SmartCap, Honey Badger Capital, EstBAN, Tatoli AS, Overkill VC, and Swedish business angels. Ellex Raidla advised Superangel.

Cobalt has helped Tallinn-based Monemon obtain its e-money license from the Estonian Financial Supervision and Resolution Authority.

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Cobalt has advised Interchemie on the court dispute and resulting agreement with competitor Kepro regarding the termination of Interchemie's lease agreement and eviction from their factory.

Cobalt has advised FootonVolt on the sale of an 18-megawatt portfolio including 13 solar parks to KC Energy. Sorainen reportedly advised the buyer.

Ellex has advised the LHV Group on its EUR 35 million public issuance of subordinated bonds.

Pohla & Hallmagi has advised VePo Investments, Vildemal Investments, and Sixten Invest on the sale of Rave Moobel to Furnico. Reportedly, Magnusson advised Furnico.

PwC Legal has advised Green Estonia on its acquisition of a majority stake in local furniture industry company Standard AS.

Cobalt has advised the Nordic Secondary Fund II on its acquisition of a 10% stake in Cleveron AS. Eversheds Sutherland reportedly advised the sellers.

Cobalt has advised Karma Ventures on its additional investment in its portfolio company and traffic ecosystem solution provider Commsignia, part of the company's USD 15 million Series B round led by PortfoLion Capital Partners, Inventure, Day One Capital, and Inference Partners, together with Partech, and Credo Ventures.

Nove has advised Estonian renewable energy company Sunly on the construction agreements for a 45-megawatt solar park in Estonia with contractors Smartecon and Connecto.

Cobalt has advised the shareholder of the Adfactory Group on selling part of their shares in the company to German signage and advertising technology specialist Marahrens, with the two companies entering a strategic partnership.

On August 2, 2023, Ellex announced that Eesti Gaas’s acquisition of Gaso from Latvijas Gaze (reported by CEE Legal Matters on April 28, 2023) had closed in July 2023.

Cobalt has advised Change Ventures on leading a EUR 2 million investment round in Formaloo. Other investors included Hyde Park Venture Partners, Mana Ventures, and Startup Wise Guys.

Cobalt successfully represented TREV-2 Group in a lawsuit involving a former employee sending several sensitive employer materials to their personal e-mail address shortly before the termination of his employment.

Cobalt has advised the European Bank for Reconstruction and Development on an equity investment in Sunly.