Growth equity
Minority stakes in profitable regional companies funding capacity expansion or geographic entry.
For investors
Investment opportunities in the Baltic states
Minority stakes, growth capital rounds, development joint ventures and buy-and-build platforms across Estonia, Latvia and Lithuania.
5Live rounds
EUR 0.8-3.2mTicket range
20-50%Stakes offered
Verified sellersDetailed listing profilesCross-border deal support
A small market that punches above its weight
The Baltic states host roughly six million people but have produced an outsized number of internationally scaled companies, particularly in software and fintech. Software was the single most active Baltic M&A sector in 2025, and total announced deal value rose sharply even as volume normalised.
For investors, the interesting layer sits below the headline transactions: profitable regional companies needing expansion capital, energy and infrastructure projects with EU co-funding, and fragmented service sectors ripe for consolidation.
Venture rounds
Seed to Series A software and deep-tech companies, often with Baltic engineering cost bases and global customers.
Energy and infrastructure
Solar, storage and biomass projects, frequently with EU support schemes and long contracted revenue.
Buy-and-build platforms
Fragmented services, logistics and healthcare sectors where a regional platform can consolidate across three countries.
How it works
How it works
Register your thesis
Sector, stage, ticket size and control preference. Matching mandates reach you before public listing.
Screen with real numbers
Revenue, EBITDA, growth rate and use of proceeds are structured fields, so screening is fast.
Diligence and structure
Access the data room, then structure through a Baltic holding or directly, with local counsel on the cap table mechanics.
Invest and govern
Shareholders' agreement, board seat, reporting cadence and exit rights defined before completion.
Investment opportunities
Filter live businesses for sale, premises to rent, business assets, investment rounds and buyer mandates across the Baltic states.
FAQ
Frequently asked questions
Why invest in the Baltics rather than a larger EU market?
Entry valuations are typically lower than in Western Europe, engineering talent is strong relative to cost, and all three countries are EU and eurozone members with transparent registries. The trade-off is a smaller domestic market, so the best companies are export-oriented from day one.
What legal structure do foreign investors typically use?
Most commonly a direct shareholding in the Estonian, Latvian or Lithuanian operating company, or a Baltic holding company where several assets are combined. Estonia's corporate income tax applies on distribution rather than on retained profit, which is why many regional groups hold through an Estonian entity - take specific tax advice for your situation.
Are there restrictions on foreign ownership?
Foreign ownership is generally unrestricted for EU investors. Non-EU investment in defined strategic sectors - energy, transport infrastructure, defence and some telecoms - is subject to national security screening in all three states.
What returns are realistic?
That depends entirely on strategy and cannot be promised by a platform. What we can say is that entry multiples in the Baltic lower mid-market are typically below Western European equivalents, which is where much of the return thesis usually sits. Nothing on this site is investment advice.
Can I co-invest alongside other investors?
Yes. Several listings are explicitly structured as joint ventures or club deals, and we can introduce co-investors with a matching thesis where a sponsor is looking to syndicate.
Ready to move on a Baltic deal?
Tell us what you are looking for or what you are selling. We will come back within one business day.