Technology

Our firm has always been at the forefront of the technology and communications market in the region. We have advised market leaders and have participated in major transactions. Ellex Raidla has significant experience in working with major global information technology companies and a portfolio of the most innovative and complex technology-related projects.  We provide legal services on a wide range of technology-related issues from technology acquisition deals to domain name disputes.
Key projects in the field

Key contacts

Ants Nõmper

Managing Partner

Head of Intellectual Property & IT practice group
+ 372 640 7170
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Key projects in the field

Ellex advised UnifiedPost Group on the acquisition of Fitek Holding
Benelux’s company UnifiedPost Group bought the Baltic-based Fitek Holding from the private equity fund BaltCap, creating one of the biggest FinTech companies in Europe.
 
UnifiedPost Group, headquartered in Belgium, is one of Europe's leading FinTech firms that helps businesses to digitize and optimize their financial value chain. They provide a complete technology portfolio for identity management, document processing, robotic accounting and apps with added value.
 
Fitek is the market leader in the financial automation process. The company operates in Estonia, Latvia, Lithuania, the UK, Slovakia, the Czech Republic, Serbia and Bosnia and Herzegovina.
 
Hans Leybaert, CEO of UnifiedPost Group: “Our ambition is to grow internationally and to further strengthen our position as a leading player in the FinTech landscape. With both companies coming together, we not only expand our European footprint, but are also getting extra people with solid knowledge of the sector onboard. The growth strategy of UnifiedPost Group is reconfirmed with this acquisition.”
 
UnifiedPost was advised by Partner Sven Papp, Counsel Jaanus Ikla and Senior Associate Gerda Liik in Estonia, Partner Zinta Jansons and Associate Partner Sarmis Spilbergs in Latvia, Partner Paulius Gruodis, Senior Associate Mantas Juška and Arvydas Grušeckas  in Lithuania.
Ellex Raidla successfully represented Segway Inc in a dispute related to product design
We represented the leading innovator of personal transportation Segway Inc in a dispute concerning a breach of Segway’s registered product design rights against the local company Lara Invest OÜ.
 
Segway designs, develops and manufactures personal self-balancing electronic devices for consumers and businesses. It offers patrollers for law enforcement and private security agencies for patrol of indoor and outdoor environments:  wooded trails, construction sites, and city sidewalks.
In 2015 Ninebot strategically merged with Segway, headquartered in Bedford, US. The combined company focuses on the research and development, design, manufacturing, distribution and sales of short-distance transportation products.
 
The design of Segway personal transporters is registered in the European Union Intellectual Property Office.
 
The client was represented by Partners Ants Nõmper and Anton Sigal, Counsel Mari Must, Senior Associate Liis Könn, Associate Mailis Meier.
A consortium advised by Ellex Raidla and Linklaters invests in Sportradar
Ellex Raidla team together with Linklaters as lead counsel advised a consortium of investors, consisting of Canada Pension Plan Investment Board (CPPIB) and U.S. growth equity firm TCV, on the acquisition of a significant stake in Sportradar AG.

CPPIB, through its wholly owned subsidiary, CPP Investment Board Europe S.à r.l., and TCV will together acquire a stake in Sportradar at an enterprise value of EUR 2.1Bn (~USD 2.4Bn.) from private equity firm EQT and certain minority shareholders. Carsten Koerl, founder, majority shareholder and CEO, will retain his entire ownership position in Sportradar. EQT will also reinvest a portion of its sale proceeds into Sportradar.

Headquartered in St. Gallen (Switzerland), Sportradar is the global leader in the provision of sports data. The company provides leagues, news media, consumer platforms and sports betting operators with data. It is an official partner of the NBA, NFL, NHL and NASCAR, as well as FIFA and UEFA.

Canada Pension Plan Investment Board is an investment management organisation, headquartered in Toronto (Canada), that manages and invests funds on behalf of 20 million contributors to and beneficiaries of the Canada Pension Plan (CPP).

Founded in 1995, TCV provides capital to growth-stage private and public companies in the technology industry. The firm has invested more than 10 billion U.S. dollars in leading technology enterprises and has assisted in over 115 IPOs and strategic acquisitions. TCV currently has invested over 1 billion U.S. dollars in Europe.

From Ellex Raidla Partner Risto Vahimets, Senior Associate Karl-Erich Trisberg and lawyer Anna Trine Raudsepp advised on the transaction.