Sorainen

Corporate Advisory, M&A and Private Equity

Partner and co-head of the firm's Corporate and M&A team in Estonia, head of the startup team in Estonia and I also co-head of the startup sector group on a regional level.

Having started with Sorainen in 1997 as a trainee, Toomas Prangli has been privileged to help develop a five-lawyer team into a distinguished law firm operating in four countries. This has provided the opportunity to work in many fields of law. However, his main focus has always been M&A and private equity transactions, and more recently also the startup and technology sectors. His passion lies with negotiations, where Toomas has constantly educated himself abroad and in teaching negotiations for the Estonian Bar Association and with Sorainen.

M&A experience. Toomas has advised M&A and private equity transactions for over twenty years. In addition to legal degrees, he obtained an Executive MBA in Mergers and Acquisitions at Vienna University of Technology. It has been a privilege to earn clients’ trust to the extent that he rank top of the Mergermarket CEE legal advisers league table by number of transactions advised in the region.

Developing the M&A market. The leading Baltic M&A law firms have been compiling the biennial Baltic M&A Deal Points Study since 1999 ‒ a collaborative effort that Toomas Prangli  has been privileged to lead. He also serve on the legal committee of the Estonian Venture Capital and Private Equity Association and have participated in its taskforce to draft and develop model documents for startup companies and venture capital investment in Estonia. With the Sorainen M&A team, venture capital associations and local business media, they also organise the annual Baltic M&A and Private Equity Forum and the Baltic M&A Awards.

Building the firm. Toomas spent two years in Minsk helping to manage and integrate firm's Belarus office. After that, he was co-managing partner of the firm and Estonian country managing partner for 10 years. Toomas has also helped to build up the Sorainen quality management system, where he continue to contribute as support partner.

Contributing to society. He is founder and trustee at the Gastronomy Awards Society of Estonia (the Silverspoon gastronomy awards) and a member of the supervisory board of the Estonian National Symphony Orchestra (ERSO). Toomas was also the president of the Estonian Rollerskating Federation in 2014-2019.

Estonian, English, Russian

Estonian Bar Association International Bar Association Estonian National Symphony Orchestra (member of supervisory board)

Vienna University of Technology, Austria (Executive MBA in M&A) American University Washington College of Law, USA (visiting scholar) Central European University, Budapest, Hungary (LLM in International Business Law) University of Tartu, Estonia (BA in Law, officially equivalent to MA)