Business Sales, Mergers and Acquisitions

The sale of a business is a defining moment in a company’s lifecycle and requires careful preparation and a structured legal approach. RASK advises clients on mergers and acquisitions (M&A), as well as on the reorganisation and restructuring of companies and corporate groups, with a focus on the lawful, commercially sound and efficient execution of transactions.

Carrying out a transaction and selling a business can be a strategic decision for an entrepreneur – an opportunity to enter a new market or optimise cost structures. Our experience shows that a well-planned transaction can create added value for both owners and the business as a whole. RASK’s role is to provide legal clarity and assurance throughout the entire process – from initial negotiations to the completion of the transaction.

RASK’s reference portfolio spans a wide range of business sectors and landmark transactions. Among others, we have advised Meliva AS on the acquisition of the City Clinics dental clinics, EfTEN on the acquisition of Kristiine Shopping Centre, and on the negotiations for the sale of the majority shareholding in the Port of Pärnu. Our notable international experience includes advising the Zagreb Stock Exchange-listed IT company Span on the acquisition of Estonian software development company GT Tarkvara, as well as representing aviation services provider BGS in the acquisition of Naftelf Eesti, a supplier of aircraft fuel at Tallinn Airport.

Transaction-related work often involves restructuring a company’s corporate governance structure, including the establishment of holding structures, the reorganisation of shareholder relations or the separation of business units. RASK’s experts are actively involved in planning and implementing the corporate changes required to realise large-scale transactions, while ensuring compliance with applicable law, transparency in taxation and liability, and alignment with the interests of the business and its owners.

RASK’s goal is not merely to formalise transactions, but to deliver commercially well-considered solutions. Drawing on long-standing experience across various sectors, we can see the bigger picture and provide advice that considers both our clients’ strategic objectives and the market environment.

Co-Head of Practice – Ramon Rask

The business sales, mergers and acquisitions (M&A) practice at RASK is co-led by attorney-at-law and founding partner Ramon Rask, a highly experienced legal professional widely recognised as one of Estonia’s leading experts in corporate law and M&A. With nearly two decades of experience in corporate law, Ramon is highly valued both as an advisor on complex transactions and as a strategist shaping the business environment.

Ramon is a member of the Management Board of the Estonian Bar Association and serves on its Corporate Law Committee, contributing actively to legislative development.

Ramon has long-standing and extensive experience in advising foreign investors, acting as a key partner throughout the entire investment cycle – from analysing target assets and sectors, structuring and executing transactions, to providing ongoing legal support and the investor’s eventual exit.

His expertise is consistently recognised by the leading international legal directories The Legal 500 and Chambers Europe, which rank Ramon among Estonia’s top experts in mergers and acquisitions and corporate law.

Co-Head of Practice – Karl-Kristjan Kahm

Karl-Kristjan has advised entrepreneurs across a wide range of sectors on exit transactions and investments, acting as a trusted partner in the execution of major deals. His experience includes acquisitions of loan portfolios, large-scale real estate investments, cross-border transactions and complex business sales. Karl-Kristjan has extensive cooperation experience with Estonia’s leading banks, pan-Baltic investment and real estate funds, as well as other international corporations.

In addition to advising on transactions, Karl-Kristjan supports clients in the day-to-day management of their companies – from efficiently resolving routine corporate matters to restructuring complex group structures.

Beyond the financial and real estate sectors, Karl-Kristjan is also active in advising technology companies. He supports both internationally focused innovation leaders and fast-growing startups in launching, scaling, and securing investments for their business operations. Karl-Kristjan is also experienced in advising on renewable energy development projects.