COBALT advises BaltCap, Imprimatur Capital and other shareholders with exit sale of Blue Bridge Technologies

BaltCap Latvia Venture Capital Fund and funds managed by Imprimatur Capital together with other shareholders have sold 100% of Blue Bridge Technologies, a leading provider of medical practice management systems in Latvia, to Everfield, a specialized software investor backed by private investment firm Aquiline Capital Partners.

Founded in 2007 in Latvia, Blue Bridge Technologies is one of the leading developers of information systems in the Latvian healthcare and insurance sectors. Blue Bridge has three main lines of business, all of which focus on developing and delivering innovative software solutions that increase patient satisfaction and reduce costs.

COBALT M&A and tax teams including Partners Guntars Zīle and Sandija Novicka, and Senior Associate Diāna Zepa advised sellers throughout the entire sales transaction.

BaltCap announcement.