FORT advised private equity fund ZGI-4 with regard to investment into Corle OÜ, the first investment of the fund in Estonia
ZGI Capital is one of the most experienced venture capital fund managers in the Baltics and operates since 2005. Currently, ZGI Capital manages the fourth-generation private equity and venture capital fund “ZGI-4” already.
The core business of Corle OÜ is the design, construction and maintenance of electrical and internet optical cable engineering systems. Home market of this fast-growing and ambitious company is Estonia and Finland with short term expansion plans also in Sweden and Germany.
Investment into Corle OÜ was the first investment of the fund in Estonia. FORT advised ZGI Capital at all stages of the transaction, inter alia conducted legal due diligence, as well as drafted and negotiated all documents related to the investments.
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