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Rankings published in 2026
Financial and corporate
Tier 1
15 firms ranked
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Tier 1

Cobalt
3 practice areas
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Ellex Klavins
2 practice areas
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Sorainen
3 practice areas
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TEGOS
3 practice areas
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Walless
2 practice areas
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Tier 2

Eversheds Sutherland Bitāns
3 practice areas
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Tier 3

Vilgerts
2 practice areas
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Tier 4

KPMG
1 practice area
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Kronbergs Čukste Levin
2 practice areas
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Leadell Vitols ZAB
2 practice areas
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Skrastiņš & Dzenis
1 practice area
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Notable

BDO Law
3 practice areas
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RockBridge Legal
1 practice area
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Spīgulis & Kukainis
1 practice area
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WIDEN
1 practice area
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Linked Reviews
Financial and corporate

Cobalt is a Baltic law firm with presence in Estonia, Latvia and Lithuania. Operating an office in Riga, the firm is one of the leaders in the Latvian market.

 

Focusses / specialisms

The firm is known for the strength of its financial and corporate work.

Its banking and finance practice is highly experienced in representing local and international clients on a broad array of bank and non-bank financing mandates. 

The team's strength in project finance work is well recognised. 

The M&A team is similarly well regarded for both public and private market work. 

In project development the firm is strong in supporting both energy and infrastructure/ construction projects.

11 results11 results
Deal Highlights
36 results36 results
Deal Name Deal Date Firm Name Jurisdiction Deal Type Lawyer Names Client Names Client Role
Investor Group - multiple investors - M&A
2021-01-18
Cobalt
Latvia
M&A
Anastasia Bykowskaya, Darya Zhuk, Elijus Burgis, Elo Tamm, Guntars Zile, Julija Aleska, Justinas Sileika, Madis Reppo, Peeter Kutman, Rasa Zasciurinskaite, Tiit-Gregor Mets, Ugis Zeltins, Vadims Zvicevics
Investor Group - multiple investors
Buyer
SEB Group - Restructuring
2021-02-01
Cobalt
Latvia
Restructuring
Gatis Flinters
SEB Group
Creditor
New Nordic Ventures - Fund formation
2020-07-01
Cobalt
Latvia
Fund formation
Edgars Lodziņš
New Nordic Ventures
Fund manager
AFI Europe Latvia - Project development
2021-02-25
Cobalt
Latvia
Project development
Guntars Zīle
AFI Europe Latvia
Project developer
Latvian Wind - Project development
2020-12-01
Cobalt
Latvia
Project development
Gatis Flinters
Latvian Wind
Project developer
Altum Investment Fund - Financing
2022-02-26
Cobalt
Latvia
Financing
Guntars Zīle, Andrejs Lielkalns
Altum Investment Fund
Lender
European Investment Bank; Nordic Investment Bank - Project finance
2021-07-30
Cobalt
Latvia
Project finance
Gatis Flinters
European Investment Bank, Nordic Investment Bank
Lender
Augstsprieguma tīkls AS - Bond issue
2021-10-14
Cobalt
Latvia
Bond issue
Edgars Lodziņš
Augstsprieguma tīkls AS
Issuer
AS Citadele bank - Bond issue
2021-11-25
Cobalt
Latvia
Bond issue
Edgars Lodziņš
AS Citadele bank
Issuer
ALTUM - Bond issue
2021-10-11
Cobalt
Latvia
Bond issue
Edgars Lodziņš
ALTUM
Issuer
Luminor Bank; Swedbank - Bond issue
2021-05-07
Cobalt
Latvia
Bond issue
Edgars Lodziņš
Luminor Bank, Swedbank
Underwriter
Barclays BNP Paribas; Credit Agricole CIB - Bond issue
2021-03-11
Cobalt
Latvia
Bond issue
Edgars Lodziņš
Barclays BNP Paribas, Credit Agricole CIB
Underwriter
Barclays BNP Paribas; Credit Agricole CIB - Bond issue
2021-06-30
Cobalt
Latvia
Bond issue
Edgars Lodziņš
Barclays BNP Paribas, Credit Agricole CIB
Underwriter
Barclays Bank Ireland ;BNP Paribas; Credit Agricole CIB - Bond issue
2021-12-14
Cobalt
Latvia
Bond issue
Edgars Lodziņš
Barclays Bank Ireland, BNP Paribas, Credit Agricole CIB
Underwriter
New Nordic Ventures - Fund formation
2021-05-20
Cobalt
Latvia
Fund formation
Edgars Lodziņš
New Nordic Ventures
Fund manager
Kapitel SIA - Project development
Cobalt
Latvia
Project development
Dace Silava-Tomsone
Kapitel SIA
Project developer
TVG - M&A
2022-01-20
Cobalt
Latvia
M&A
Lauris Liepa
TVG
Seller
Treeland OÜ - M&A
2021-06-30
Cobalt
Latvia
M&A
Dace Silava Tomsone, Aivar Taro
Treeland OÜ
Acquirer
Syneos Health - M&A
2022-01-31
Cobalt
Latvia
M&A
Indriķis Liepa
Syneos Health
Acquirer
Mid Europa Partners - M&A
2021-06-17
Cobalt
Latvia
M&A
Guntars Zīle, Uģis Zeltiņš
Mid Europa Partners
Acquirer
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ESG
Lauris Liepa, managing partner at Baltic firm Cobalt, reflects on his journey in advocating for LGBTQ+ rights and the successes on the way
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