Law office TARK counselled Qualitista OÜ and its founders on a new financing round. Qualitista is a rapidly growing customer service software development start-up company that is based in Estonia but has clients all over the world.
Due to efforts of Qualitista and TARK, Qualitista now has prominent Finnish fund as a foreign investor and local Estonian investors that are financing the company and acquired a shareholding in the company. In order to facilitate this financing round, TARK created a bespoke regulation with mix of Finnish and Estonian law to regulate the relationship between Finnish investors from one side and the company and local investors from the other side.
TARK team also drafted all the transaction documents, such as investment and share option agreements, articles of association, corporate resolutions, and assisted with negotiations. TARK team advising Qualitista was led by partner Hannes Küün and included partners Marit Savi and Tanel Küün.