Your local office
We are looking for the closest office..

CFI Baltics

One of the leading M&A advisory firms in the Baltic Sea region

Contact us

Baltics

CFI Baltics, or Keystone Advisers, offers advisory services related to acquisitions, mergers, and divestitures, as well as various financing arrangements. We have a successful track record of providing our clients with the best possible service grounded in experience, competence and commitment, carried out with first-class execution, and supported by our extensive network.

Our clients can be found within a wide range of industries. While we are focused mainly on mid-sized companies which are active in the Baltic region, our projects often involve international clients or contacts as well.
We offer tailor-made processes to meet customer specific requirements. Our firm has comprehensive transaction experience including many years of executing cross border transactions. This experience, combined with our strong contact network and excellent execution capabilities, makes us an excellent partner for local as well as international clients.

Our Israeli office was established for the convenience our local clientele and to grow expertise in the region.

Premium sector focus in Baltics

Latest Transactions

  • Business Services

    has been acquired by

    Transaction details

    Private investors sell Verifica, a reference platform in consumer credit management and debt collection solutions, to B2Holding, a debt solutions provider for banks and institutional vendors

    Software & IT Services

    has acquired a majority stake in

    Transaction details

    INVL Technology, a listed closed-end investment company which invests in IT businesses, acquired 77.35% of the shares in Deltagon Group, a cyber security company

    Food & Beverage & Agribusiness

    has acquired

    Transaction details

    Maag Grupp AS, a leading food processing company, acquires Tere AS, a dairy production company

  • Business Services

    has been acquired by

    Transaction details

    Private investors sell Verifica, a reference platform in consumer credit management and debt collection solutions, to B2Holding, a debt solutions provider for banks and institutional vendors

  • Software & IT Services

    has acquired a majority stake in

    Transaction details

    INVL Technology, a listed closed-end investment company which invests in IT businesses, acquired 77.35% of the shares in Deltagon Group, a cyber security company

  • Food & Beverage & Agribusiness

    has acquired

    Transaction details

    Maag Grupp AS, a leading food processing company, acquires Tere AS, a dairy production company

Our senior team

Gary Raskin

Partner


Karolis Rūkas

Partner, Managing Director


Tõnis Kons

Partner, Managing Director


Our expertise

Capital raising

Mid-market companies are demanding creative solutions and access to capital. Based on years of relevant experience, CFI’s debt and capital raising advisors can help your business raise funds, whether your objective is corporate growth, finance a (cross-border) acquisition, complete a management buyout, or refinance an existing lender.

M&A buy-side advisory

CFI’s M&A advisors provide a disciplined, process-oriented approach to an acquisition search. Its global reach coupled with a solid local footprint can help your company refine acquisition criteria, identify potential target companies, engage prospective targets through native speakers, analyze valuations, negotiate terms, and structure the transaction, bringing about the very best results for our clients.

M&A sell-side advisory

Experienced M&A advisors at CFI work discretely with owners to determine priorities, and can recommend the appropriate sale process to meet all of an owner’s financial and personal objectives. Profound sector dedication helps your company to refine the buyer’s arena and engage prospective buyers based on a constant dialogue with relevant strategic acquirors and the private equity community.

Restructuring & distressed situations

CFI’s seasoned professionals have many years of relevant experience helping businesses preserve stakeholder value, during often time critical periods, where we can: Evaluating strategic and restructuring options, positioning the business for sale or investment in an accelerated process.

Valuations & opinions

Valuation experts at CFI understand value drivers and the process of value creation. CFI has the expertise to satisfy any business or asset valuation needs. Our full range of services includes valuation, due diligence, fairness and solvency opinions, and goodwill impairment tests. Analyses with impact, whether aimed at financial reporting, tax, M&A, strategic planning, business restructuring, or dispute and litigation purposes.

    Capital raising

    Mid-market companies are demanding creative solutions and access to capital. Based on years of relevant experience, CFI’s debt and capital raising advisors can help your business raise funds, whether your objective is corporate growth, finance a (cross-border) acquisition, complete a management buyout, or refinance an existing lender.

    M&A buy-side advisory

    CFI’s M&A advisors provide a disciplined, process-oriented approach to an acquisition search. Its global reach coupled with a solid local footprint can help your company refine acquisition criteria, identify potential target companies, engage prospective targets through native speakers, analyze valuations, negotiate terms, and structure the transaction, bringing about the very best results for our clients.

    M&A sell-side advisory

    Experienced M&A advisors at CFI work discretely with owners to determine priorities, and can recommend the appropriate sale process to meet all of an owner’s financial and personal objectives. Profound sector dedication helps your company to refine the buyer’s arena and engage prospective buyers based on a constant dialogue with relevant strategic acquirors and the private equity community.

    Restructuring & distressed situations

    CFI’s seasoned professionals have many years of relevant experience helping businesses preserve stakeholder value, during often time critical periods, where we can: Evaluating strategic and restructuring options, positioning the business for sale or investment in an accelerated process.

    Valuations & opinions

    Valuation experts at CFI understand value drivers and the process of value creation. CFI has the expertise to satisfy any business or asset valuation needs. Our full range of services includes valuation, due diligence, fairness and solvency opinions, and goodwill impairment tests. Analyses with impact, whether aimed at financial reporting, tax, M&A, strategic planning, business restructuring, or dispute and litigation purposes.

News

Our offices in Baltics

Riga

Brivibas str. 40-26
LV-1050, Riga
Latvia
T: +371 67 280 784
E: info@thecfigroup.com

Vilnius

Lvovo 25
09320 Vilnius
Lithuania
T; +370 52 48 76 77
E: info@thecfigroup.com

Tallinn

Tornimäe 7-45
10415 Tallinn
Estonia
T: +372 681 70 40
E: info@thecfigroup.com

Tel Aviv