• References
    2017
    Citypark Eesti


    Citypark EestiUAB Stova, subsidiary of Modus Group, acquired parking service provider Citypark Eesti

    Unipark

    NCFA advised sellers
    2016
    Hagar

    HagarEesti Leivatööstus acquired HAGAR bakery from
    Ingman Group

    Eesti Leivatööstus Ingman

    NCFA advised sellers
    2016
    Ha Serv

    Ha ServPrivate equity fund Livonia Partners acquired leading sauna and thermal wood manufacturer Ha Serv
    Livonia Partners

    NCFA advised seller
    2015
    Sterotek RVM

     

    Tomra Service

    Restructuring of Tomra group’s operations in Estonia.

    NCFA advised one of the shareholders
    2015
    HC Invest

    HC Invest
    Capital raising for agricultural services provider HC Invest

    NCFA advised HC Invest
    2014
    Hyde & Associates

     

    Business valuation of telecommunications law consultant Hyde & Associates

    NCFA advised Hyde & Associates
    2014
    Lasita Maja

    Lasita Maja
    Outdoor Life Group, subsidiary of Deli Maatschappij, acquired 40% stake in Lasita MajaOLG

    NCFA advised seller
    2014
    HeTi Pere


    HeTi Pere
    Technobalt acquired metal manufacturer HeTi Pere

    Technobalt

    NCFA advised sellers
    2014
    SEB

    SEB

    Expert opinion on SEB business valuation methodology

    NCFA advised SEB
    2014
    Fenestra

     



    Business valuation of window producer Fenestra

    NCFA advised Fenestra
    2013
    Puidukoda

    PuidukodaFrench Groupe Rose acquired Estonian planing mill Puidukoda

    Rose Groupe Protac Ouest

    NCFA advised seller
    2013
    Masa Kapital

    Ingman Development acquired 45% stake in Masa Kapital

    NCFA advised Masa Kapital
    2013
    TextMagic

     


    MBO of mobile marketing company TextMagic

    NCFA advised Monday Media
    2013
    Tallinn Recycling Center

     

    Capital raising for waste management company Tallinn Recycling Center

    NCFA advised Tallinn Recycling Center
    2013
    Domus Kinnisvara

     



    Valuation of minority shareholding in Domus Real Estate

    NCFA advised Domus Kinnisvara
    2013
    SRC Group



    Strategical financial advisory for ship repair and conversion company SRC Group

    NCFA advised SRC Group
    2013
    Weldmet Solution

     

    Capital raising for sheet and profile metal products producer Weldmet Solution

    NCFA advised Weldmet Solution
    2012
    Grant Thornton Rimess Baltic

     


    Expert opinion on business valuation of Grant Thornton Rimess

    NCFA advised minority shareholder
    2012
    Arborest


    Capital raising from EU Structural Funds for treecare company Arborest

    NCFA advised Arborest
    2012
    Sarkop

     


    Equity and debt capital raising for customized furniture producer Sarkop

    NCFA advised Sarkop
    2012
    Multipakend


    Business valuation for corrugated packaging producer Multipakend

    NCFA advised Multipakend
    2012
    Andrese Klaasi

     

    Strategic planning and capital raising from EU Structural Funds for glass manufacturing company Andrese Klaasi

    NCFA advised Andrese Klaasi
    2012
    Marsalis Metall

    Marsalis Metall

    Business valuation for steel constructions producer Marsalis Metall

    NCFA advised Marsalis Metall
    2012
    Ehitustehnika, Viking Cranes


    Viking Cranes

    Business valuation for crane rental companies

    NCFA advised Ehitustehnika and Viking Cranes
    2011
    Terasman



    Debt raising for steel constructions producer Terasman

    NCFA advised Terasman
    2011
    Law Firm Red Legal

    Expert opinion on share price of lingerie distribution company Silvano Fashion Group

    NCFA advised Law Firm Red Legal
    2011
    Dream Investments

     

     

    Mezzanine capital raising for communication and marketing group Dream Investments

    NCFA advised Dream Investments
    2011
    RPS Holding

     

     

    Business valuation for dairy producer Rigas Piensaimnieks

    NCFA advised RPS Holding
    2011
    Tomra

     

    Strategic financial planning for used packaging processor Tomra Baltic

    NCFA advised Tomra Baltic
    2011
    Sarkop

     

     

    Business valuation for customized furniture producer Sarkop

    NCFA advised Sarkop
    2011
    Bauer Veetehnika

     

    Strategic financial planning for innovative water treatment systems provider Bauer Veetehnika

    NCFA advised Bauer Veetehnika
    2011
    Timmo Puutöökoda


    Strategic financial planning in conjunction with Krediidipank

    NCFA advised Timmo Puutöökoda
    2010
    KredEx

    Debt restructuring of railway rolling stock modernization company Aeston

    NCFA advised KredEx
    2010
    Bole

     

    Equity and debt capital raising for curved hardwood flooring producer Bole

    NCFA advised Bole
    2010
    Harju County Court

     


    Restructuring of Estonian industrial park developer Kodu Grupp

    NCFA advised Harju County Court
    2010
    Volume Design

     


    Mezzanine capital raising for illuminated signs manufacturer Volume Design

    NCFA advised Volume Design
    2010
    Veoki Pealisehituse

     

     

    Restructuring of truck and trailer conversion company Veoki Pealisehituse

    NCFA advised Veoki Pealisehituse
    2010
    KredEx

     

    Restructuring and turnaround training of Estonian Export and Credit Guarantee Fund KredEx

    NCFA conducted training program for KredEx
    2010
    Kungla Sadam

     

    Feasibility study and capital raising from EU Structural Funds for Kungla harbour

    NCFA advised Kungla Sadam
    2009
    Lõmala Sadam

     

    Feasibility study and capital raising from EU Structural Funds for Lõmala harbour

    NCFA advised Lõmala Sadam
    2009
    Argo Mööbel

     

     

    Debt raising for quality handmade furniture manufacturer Argo Mööbel

    NCFA advised Argo Mööbel
    2009
    HF Tulekustutus

     

    Strategic financial planning for water mist fire protection system producer HF Tulekustutus

    NCFA advised HF Tulekustutus
    2009
    Euro Truck Trade Center

     

     

    Restructuring of used truck sales company Euro Truck Trade Center

    NCFA advised Euro Truck Trade Center
    2009
    Tallinn Landfill

     

     

    Strategic financial planning for Tallinn Landfill

    NCFA advised Tallinn Landfill
    2009
    Volume Design

     


    Strategic planning and capital raising from EU Funds for illuminated signs manufacturer Volume Design

    NCFA advised Volume Design