• Capital raising
    Our capital raising services are tailored for early and expansion stage Estonian companies as well as for financing local and cross-border acquisitions. Good access to venture capital sources and mezzanine lenders combined with our analytical capability to model complicated structures and scenarios ensures that additional equity will be raised at best possible terms available at the time.

    Nordic CF Advisory is advising its clients on optimal structure and timing of capital raising, followed by negotiations with potential equity investors and lenders. The goal, especially in earlier capital raising rounds, is to engage venture capital investors with similar mind-set and avoid unnecessary dilution.

    In cases of acquisition finance, the deal size and use of leverage is generally much higher, requiring increased attention on enterprises’ debt capacity and post-acquisition cash flow sources.

    Although venture capital in Estonia has rather limited number of institutionalized players, there is considerable amount of high net worth individuals and co-operating investor groups. Additionally, some foreign venture capital funds and family offices also cover Estonia. We have noticed that the interest in investing into Estonian growth companies has recently increased, making the capital raising environment more favourable.

    Contacts: Jako Kruuse, Margo Peetsalu