Past Transactions

RP SIA Rīgas Satiksme

Callidus Capital represented Riga Municipality company SIA Rīgas satiksme in negotiating and attracting financing from local banks, which resulted in funding of 100 million from SEB bank. The financing is intended for investment in tram infrastructure improvement, renovation of depot at Brivibas street, construction of hydrogen production and filling stations, as well as construction of the new Skanste tram line.
Press release:

SIA KOOL Latvija

KOOL Latvija is a brand new chain of retail fuel stations and convenient stores founded in September 2016.
Callidus Capital developed the Business Plan and Financial Model, as well as participated in the company's strategy development, which resulted in the successful fund raising of the initial capital of more than 3 million euros for the launch of KOOL Latvija.
Сapital was mainly attracted from local private investors and private equity manager ZGI Capital.

Dzintaru 28, Latvia

Valuation of share capital.

In 2016 Callidus Capital performed valuation of share capital of SIA Dzintaru 28 on behalf of investors. SIA Dzintaru 28 is an owner of the apartment complex in Jurmala, Dzintaru prospekts 28 and Dzintaru prospekts 26.

Latvijas Piens, Latvia

Consulting services and management of liability's restructuring process
In 2016 Callidus Capital provided consulting services and managed Latvijas Piens liability's restructuring process, which resulted in an agreement, which was reached with the State Treasury for the State guarantee the interest rate reduction and change in repayment schedule of commitments and in an agreement, which was reached with the credit institutions, that was financing Latvijas Piens, which extended the repayment schedule and significantly reduced monthly principal payments. In addition Callidus Capital provided consulting services to Latvijas Piens shareholders LATRAPS and DZĒSE for capitalization of debts in the share capital, resulting in increase of share capital of Latvijas Piens by EUR 3 million.

OOO Aeroexpress, Russia

Consultant, reorganisation and restructuring of an international export finance transaction. Successful debt financing for the purchase of new trains
OOO AEROEXPRESS is a privately owned exclusive rail services operator, operating in the Russian Federation. The company provides rail services between Moscow center and three major city airports.

Latvijas piens, Latvia

The acquisition of controlling stake
Latvijas Piens is one of the leading dairy companies in Latvia. The acquisition of controlling stake (73.28%) by the largest Latvian agricultural cooperative Latraps. Arranger.