2013 — 12 — 16
COBALT Wins the Prestigious Mergermarket and The Financial Times Award "Baltic Legal Adviser of the Year 2013"

COBALT once again beats notable competitors to win the most prestigious award for the M&A advisory community. For the second time, we were named “Baltic Legal Adviser of the Year 2013” at the seventh The Financial Times / Mergermarket awards ceremony on 12 December, recognising excellence in corporate, private equity, banking and M&A legal expertise.

In 2013, COBALT advised on Baltic deals with an aggregate value of more than €1 billion. We were the most active M&A advisor in the Baltic countries, advising on more than 100 transactions, 11 of which were worth more than $5 million USD. Moreover, our deal volume places us in 5th place among firms from the entire Central and East European region for 2013.

2013 has been a special year for COBALT: in April, we received the Baltic Law Firm of the Year 2013 Award from Chambers Europe, the world’s leading legal directory.

"It was a year of relentless work, growth and optimism in terms of both number and volumes of the deals concluded. I am proud of our team. We intend to keep doing what we do best: supporting our clients in exploiting opportunities and concluding transactions in the most efficient, safe and profitable way," says Guntars Zile, Partner and Head of the Transactions group of COBALT in Latvia.

“We want to express our special thanks to our clients and partners for placing trust in us. When we received this award for the first time in 2011, I remember thinking that this honour was also a commitment for the future to deliver excellence. The firm has delivered on this promise. Our recognition by Financial Times / Mergermarket, and earlier this year by Chambers Europe, gives us a powerful impetus to move forward,” says Dr Irmantas Norkus, Managing Partner of COBALT in Lithuania.

Mergermarket is a world’s leading independent M&A intelligence service and The Mergermarket M&A Awards are the most prestigious annual awards for the M&A advisory community in Europe, the Middle East & Africa.