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Showing posts with the label M&A

Estonian unicorn Bolt acquires Danish startup Viggo

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Estonian Bolt  has bought Danish startup Viggo  for an unnamed amount. This is the first acquisition in Bolt's history. 

Startup with Estonian roots Video Game Insights acquired by US-based Sensor Tower

Video Game Insights , a gaming industry analysis company, has announced that it has been acquired by US market research firm Sensor Tower . The amount of the deal and other financial details were not disclosed.

Lithuanian eany.io acquires Mentum AI

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Lithuanian B2B marketplace for home appliances, electronics and DIY products eany.io has acquired Lithuanian startup Mentum AI . 

Private equity fund Bregal Milestone buys Estonian Ridango from Baltcap

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London-based private equity fund Bregal Milestone has acquired a majority stake in Estonian transportation technology company Ridango  from Estonian fund BaltCap . 

Estonian technology companies MOBY and HEISI announce merger

Estonian sports club software development company MOBY   has announced a merger with Estonian software development service provider HEISI . 

Israeli company Optimove acquires Estonian startup Adact

Israeli marketing software company Optimove has become the new owner of Estonian startup Adact . This is an exit for Estonian Business Angel Network  and Startup Wise Guys , which invested about $240K in Adact in several rounds. 

Estonian startup Alpha3D acquires Dutch company MoonlanderAI

Alpha3D , an Estonian company developing an AI-powered 3D content creation platform, has acquired a Dutch AI-powered game development platform MoonlanderAI . 

Sweden's Clar acquires Estonian fintech platform Fiizy

Swedish lending company Clar   has acquired an Estonian fintech startup Fiizy . This is an exit for Nordic Secondary Fund , which invested in Fiizy in 2021. 

Estonian startup Parcelsea sells to Ukrainian company Jetbeep

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  Parcelsea , a developer of parcel vending machines and smart mailboxes, has sold its business to Ukrainian company Jetbeep. As a result of the deal, Jetbeep will receive the startup's intellectual property and customer contracts, while the Parcelsea team will join the new owner. 

Latvian Mapon acquires Swedish fleet management solutions company Interkom AB

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Latvian company Mapon , part of the Draugiem Group, is expanding its Scandinavian business by acquiring 100% of shares in Interkom AB . 

Estonian startup Modash acquires CRM platform Promoty

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Estonian influencer marketing platform Modash has acquired Promoty, another influencer platform with CRM tools. The acquisition was made possible after Modash raised  €11M in the fall of 2024. 

Lithuanian ArcaPay was acquired by London-based financial technology company Ebury

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Lithuanian payments provider ArcaPay  was acquired by financial technology company Ebury .

Estonian FCR Media acquires website building technology provider Mono Solution

Estonian FCR Media together with Norwegian 1881 Group and German Heise acquires SaaS provider Mono Solutions from German Bauer Media Group. The partners received equal shares in Mono Solutions. 

E-commerce design platform Printful merges with print-on-demand marketplace Printify

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UPD: After the merger, the companies will have a new name Fyul, which consists of the last two letters of each company's name: "fy" and "ul".    Latvian e-commerce design platform, known for creating clothing, accessories, and home goods Printful has merged with Latvian print-on-demand marketplace Printify. The merger is expected to be finalized in the coming weeks. Financial terms of the deal have not been disclosed.

Apple acquires Lithuanian image-editing platform Pixelmator

Apple has acquired Pixelmator , a Vilnius-based developer of image-editing applications for Mac and iPad. The deal is still subject to regulatory approval.

Startup Wise Guys exited from the US company Elai.io

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Estonian accelerator Startup Wise Guys has exited from the US AI-powered solution Elai.io , which allows users to convert text to video. Elai.io has been acquired by the US educational video platform Panopto . Details of the deal were not disclosed. 

Lithuanian Mano Daktaras acquires pincetas.lt

Lithuanian Mano Daktaras, which operates the online doctor's appointment portal manodaktaras.lt , has acquired Lithuanian Digibitas, which operates the patient feedback platform pincetas.lt . 

Lithuanian company Frontu acquired by Everfield

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Lithuanian provider of field service management software provider Frontu  (formerly Tasker) has been acquired by German long-term investor and growth accelerator Everfield.

Estonian Fairmus acquires Distrus

Estonian streaming platform Fairmus   raised  in a seed round of €120K this year and in the summer acquired Estonian music digital distribution platform Distrus . 

Fintech Monese merges with UK-based company Pockit

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London-based fintech Monese , founded by Estonian entrepreneur Norris Koppel, has merged with UK-based company Pockit . The deal will see Monese's minority shareholder, Estonian Tera Ventures , take a stake in Pockit. In addition, Pockit and London-based VC Puma Growth Partners will invest £15M in the integration of the two fintech companies. Further financial terms of the deal were not disclosed.