OREANDA-NEWS. July 03, 2009. Sorainen M&A team was ranked as the top legal advisor in M&A transactions in the Baltic States both by deal value and volume by DealWatch, who has recently published the league tables of legal advisors in transactions for the January 2008-March 2009 period. DealWatch collects M&A (Mergers & Acquisitions) and ECM (Equity Capital Markets) transaction information, reported the press-centre of Sorainen.

In the whole CEE region, Sorainen M&A team was ranked No. 2-4 by deal volume and No. 9 by deal value in the M&A transaction legal advisers league tables. Sorainen was recognised for completing 31 transactions qualifying to DealWatch standards within a 15 month period, an outstanding performance for a regional law firm. Leading international law firms Clifford Chance and Allen & Overy completed the same amount of transactions within the period in the region. The leader of table, White & Case, completed 34 transactions. In this category Sorainen has come ahead of such leading international law firms like Weil, Gotshal & Manges, Linklaters and Freshfields Bruckhaus Deringer.

Sorainen has advised its clients in more than 500 M&A transactions to date, including Coopernic Alliance in its acquisition of the IKI retail chain (UAB Palink, operating in Lithuania and Latvia), Vienna Insurance Group in its acquisition of Seesam Life Insurance SE (operating in all Baltic States) and Allied Irish Banks in its acquisition of AmCredit’s business in all the Baltic States.

The DealWatch database includes details on over 30,000 M&A and ECM transactions, cross-border and domestic, including hard-to-get details on industry multiples, valuation ratios and information on advisors. The rankings were made for financial and legal advisors as well as for managers/brokers, based on deal value and number of deals per period in the region.