IFLR is part of Legal Benchmarking Limited, 1-2 Paris Garden, London, SE1 8ND

Copyright © Legal Benchmarking Limited and its affiliated companies 2026

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement


This law firm has not supplied any contact details or supplementary information for this country or region. For more information about profiling options please contact Prin Shasiharan.
Rankings published in 2026
Financial and corporate
Tier 1
15 firms ranked
View full list

Tier 1

Cobalt
3 practice areas
View profile
Ellex Klavins
2 practice areas
View profile
Sorainen
3 practice areas
View profile
TEGOS
3 practice areas
View profile
Walless
2 practice areas
View profile

Tier 2

Eversheds Sutherland Bitāns
3 practice areas
View profile

Tier 3

Vilgerts
2 practice areas
View profile

Tier 4

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

Notable

BDO Law
3 practice areas
View profile
RockBridge Legal
1 practice area
View full profile
Spīgulis & Kukainis
1 practice area
View profile
WIDEN
1 practice area
View profile
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
Levine Leichtman Capital Partners - M&A
2021-03-19
Cobalt
Latvia
M&A
Gatis Flinters
Levine Leichtman Capital Partners
Acquirer
Elis Tekstila Serviss AS - M&A
2021-04-30
Cobalt
Latvia
M&A
Guntars Zīle
Elis Tekstila Serviss AS
Acquirer
BaltCap Private Equity Fund III - M&A
2021-01-29
Cobalt
Latvia
M&A
Guntars Zīle
BaltCap Private Equity Fund III
Acquirer
BaltCap Infrastructure Fund - M&A
2021-07-31
Cobalt
Latvia
M&A
Guntars Zīle
BaltCap Infrastructure Fund
Seller
Flügger Group A/S - M&A
2021-03-31
Cobalt
Latvia
M&A
Guntars Zīle
Flügger Group A/S
Acquirer
Entain - M&A
Cobalt
Latvia
M&A
Guntars Zīle
Entain
Offeror
Viru Keemia Grupp - M&A
2022-01-31
Cobalt
Latvia
M&A
Dace Silava-Tomsone, Aivar Taro
Viru Keemia Grupp
Acquirer
Swietelsky AG - Project development
Cobalt
Latvia
Project development
Dace Silava-Tomsone
Swietelsky AG
Project developer
Eolus SIA - Project development
Cobalt
Latvia
Project development
Gatis Flinters
Eolus SIA
Project developer
Baltijas Kravu Centrs SIA - Project development
Cobalt
Latvia
Project development
Dace Silava-Tomsone
Baltijas Kravu Centrs SIA
Project developer
Air Baltic Corp AS - Project development
Cobalt
Latvia
Project development
Dace Silava-Tomsone
Air Baltic Corp AS
Project developer
International Business Machines Corp - Restructuring
Cobalt
Latvia
Restructuring
Guntars Zīle, Sandija Novicka, Toms Šulmanis
International Business Machines Corp
Shareholder
4finance - Restructuring
Cobalt
Latvia
Restructuring
Gatis Flinters
4finance
Shareholder
I Asset Management - Project development
2021-09-12
Cobalt
Latvia
Project development
Dace Silava-Tomsone, Sandija Novicka
I Asset Management
Project company
SuperHero Capital - M&A
2021-07-30
Cobalt
Latvia
M&A
Indriķis Liepa
SuperHero Capital
Investor
European Investment Bank and Nordic Investment Bank - Project finance
2021-07-30
Cobalt
Latvia
Project finance
Gatis Flinters
European Investment Bank and Nordic Investment Bank
Lender
2
of
2
ESG
Lauris Liepa, managing partner at Baltic firm Cobalt, reflects on his journey in advocating for LGBTQ+ rights and the successes on the way
Sponsored