Verge Eesti Secures Independence with Estonian Buyout
Deal News | Feb 11, 2025 | CEE Legal Matters
TGS Baltic has successfully guided the management team of Verge Eesti in acquiring their Estonian business from the company's Norwegian parent. Established in 2013, Verge Eesti is known for its specialized training in handling aggressive behavior using the Verge methodology originating in Norway. This strategic buyout allows Verge Eesti to secure its market position, maintain control over its intellectual property, and enables further local expansion. The legal team from TGS Baltic involved in this transaction included Partner Priit Latt, Associate Partner Indrek Ergma, Associate Ingeri-Helena Kakko, and Lawyer Enelin Terav. Schjodt advised the sellers in this transaction.
Sectors
- Training and Development
- Legal Advisory
Geography
- Estonia – Verge Eesti is an Estonian company acquiring its business from a Norwegian parent, making Estonia a central geography of this transaction.
- Norway – The parent company of Verge Eesti is based in Norway, positioning it as a significant geography in this transaction.
Industry
- Training and Development – Verge Eesti specializes in training regarding handling aggressive behavior, making it a part of the Training and Development industry.
- Legal Advisory – The involvement of TGS Baltic and Schjodt highlights the role of legal advisors in the transaction, underscoring the Legal Advisory industry.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Verge Eesti | Target Company | Company | An Estonian company specializing in training organizations to handle aggressive behavior. |
| Norwegian Parent | Vendor | Company | The parent company of Verge Eesti which is based in Norway. |
| TGS Baltic | Legal Advisor | Company | The law firm advising Verge Eesti on the acquisition. |
| Schjodt | Legal Advisor | Company | The law firm advising the Norwegian parent in the transaction. |
| Priit Latt | Partner | Person | Partner at TGS Baltic involved in the transaction. |
| Indrek Ergma | Associate Partner | Person | Associate Partner at TGS Baltic involved in the transaction. |
| Ingeri-Helena Kakko | Associate | Person | Associate at TGS Baltic involved in the transaction. |
| Enelin Terav | Lawyer | Person | Lawyer at TGS Baltic involved in the transaction. |