The dedicated M&A practice, co-led by Guntars Zile, at Cobalt provides a wide range of public and private M&A expertise to its clientele, including assisting with financial restructurings and transactions related to venture capital funds. Strategic merger transactions, ranging from minority to 100% stake acquisitions across various sectors, are also a key channel of work for the group. Dace Silava-Tomsone handles mergers for companies with high market shares. Practice co-head Gatis Flinters has experience advising on the negotiation and documentation aspects of key corporate and commercial matters. Diāna Zepa is also a noteworthy practitioner in the group.

Ellex Klavins‘ team is able to deal with large-scale, high-value M&A transactions, restructuring and joint ventures cases. The team is involved in transactional negotiations involving regulated Latvian entities and significant foreign clients. Its client base spans industry sectors, and features large banks, investment funds and large foreign investors. The group is able to handle a wide range of corporate matters, including corporate governance and company incorporations. Sarmis Spilbergs has notable corporate expertise, while team lead Raimonds Slaidiņš is adept at assisting foreign investors. Iveta Ceple is highly engaged in M&A transactions in the energy sector, while Filips Kļaviņš assists a variety of foreign investors and institutional clients. Māris Brizgo is also noteworthy.

Sorainen's team frequently assists clients with all aspects of pan-Baltic M&A transactions, particularly those in the real estate, energy and retail industries. Large-scale acquisitions and the sale of subsidiaries are also features of the team's transactional workload. Experienced trio Eva Berlaus, Nauris Grigals and Jānis Līkops lead the team; Līkops has notable tech-related M&A expertise, while Berlaus has significant private equity investment expertise. The range of corporate matters are also handled by the team, particularly the transactional and due diligence aspects. Renāte Purvinska and Natālija Ešenberga are key names to note.

WALLESS' team excels in complex restructurings and reorganisations. The group, which ‘delivers advice that is not only legally and technically sound, but also commercially focused and actionable’, is active in corporate restructurings in particular. 'Exceptional professional' Zane Eglīte-Fogele, Sintija Radionova and Aivars Lošmanis are the triumvirate at the team's helm. Industry sectors its workload spans range from international retail to energy, and real estate funds managers and investors are amongst its key clients. Key practitioner Baiba Krieviņa-Sutora provides a variety of M&A and corporate advice, and has particular expertise assisting with the structuring of transactions.

Eversheds Sutherland Bitans' team's workload incorporates both majority and minority stake acquisitions and pan-Baltic M&A matters. The team assists foreign companies with operational and corporate issues, as well as with cross-border due diligence issues. Elīna Vilde heads up the firm’s corporate practice, which also handles complex cross-border acquisitions, corporate restructurings, and commercial contract negotiations. Corporate specialist Māris Vainovskis, and Lauma Bērziņa are the duo overseeing the team, and both are key for corporate restructurings. Dmitrijs Ņemirovskis is another standout practitioner.

Kronbergs Cukste Levin's team is skilled in corporate governance, specialising in handling high-profile, high-value matters in the corporate sector. Corporate governance is a specialist area of key team member Valters Kronbergs. Vineta Čukste–Jurjeva is at the helm, and is described as ‘very experienced in corporate and M&A matters, including investments into start-ups’. Čukste–Jurjeva is well-supported by Kristīne Sakārne, who handles complex financing transactions and multi-jurisdictional M&A cases.

Notable for ensuring the environmental sustainability of transactions, TEGOS (Formerly TGS Baltic)'s team has bolstered its M&A practice following its September 2025 merger with drill. Law Firm. The practice handles cross-border, high-profile M&A transactions and share purchase agreements. It is well-regarded for its ability to 'navigate regulatory complexities’. The group is also notable for its breadth of industry sector knowledge, encompassing energy, technology, telecoms, and media. Andra Rubene leads the M&A practice, and Anna Vaivade is a key name to note.

VILGERTS‘s team handles a wide range of corporate and M&A transactions. Gints Vilgerts leads the practice alongside corporate specialist Reinis Sokolovs. The pair is active in real estate transactions, representing clients with operations across Estonia, Latvia, and Lithuania. The group has significant cross-border and real estate expertise, in particular. Another key corporate specialist in the group is Elizabete Bartansone who assists clients with the formation of companies, corporate changes, liquidation, and merger matters.

BDO Law's team has wide-ranging expertise across data protection, tax, real estate, and public procurement. Managing partners Vita Liberte and Jānis Zelmenis spearhead the team. Liberte often has a leading role in significant cross-border transactions and complex employment restructuring projects. The team's regulatory expertise includes advising on Latvian regulatory compliance.

Continuing its expansion into the Central and Eastern European (CEE) region, ZAB Deloitte Legal's team frequently advises global clients on operational structure and corporate operations matters. Another key strength of the team is its restructuring expertise. Practice head Jānis Čupāns concentrates on restructurings, transactional deal structuring, and providing tax-related advice. Krista Putna is a significant team member in regards to complex commercial transactions.

Spearheaded by Jānis Kārkliņš, BERG's team regularly assists its clients with commercial contracts. Team members regularly serve as a point of contact for Latvian companies seeking guidance on acquisitions and mergers. Kārkliņš has broad ranging expertise, and provides corporate and commercial advice on the range of M&A transactions.

Noted as ‘particularly strong in anticipating regulatory changes’, KPMG Law ZAB SIA‘s multidisciplinary practice deals with the corporate and commercial aspects of cross-border M&A transactions, from portfolio sales to restructuring transactions. Ieva Tillere-Tilnere and Uģis Ludiņš lead the team, which has experience handling the due diligence, drafting and negotiation aspects of key transactions. The group also advises on share purchase agreements, as well as on deal structuring.

Referred to as ‘flexible and client-oriented’, Law Firm CersJurkans' team specialises in M&A and commercial transactions in the forestry industry. Overseen by M&A specialist Jānis Jurkāns, the practice also expands its sector expertise to include banking and investment markets, as evidenced by its ability to advise on commercial deals related to investment structuring and investment finance. Further, the group is skilled in resolving shareholder disputes, an area in which Jurkāns is particularly well-versed.

LEADELL Vītols' practice advises start-ups, and subsidiaries of large international corporations, amongst others, on corporate governance, shareholder rights and internal governance matters. The practice is co-led by Kārlis Vītols, who specialises in cross-border M&A transactions, and Māris Paipa. Other key areas of work for the group includes advising on commercial contracts, and assisting with the tax implications of corporate structuring and restructurings.

Magnusson's team has broad experience spanning corporate, M&A, and structuring matters across the Baltics and Nordics. Advising on commercial contracts and agreements is key to the team's workload. Heading up the group is Matīss Rostoks, who focuses on both private and public M&A cases. Bringing considerable experience in corporate law, Artūrs Ševčuks is another key name to note in the group.

NJORD Law Firm's practice advises on corporate restructuring, due diligence, M&A transactions, investment agreements, and sales. Dmitri Kolesnikov oversees the team and possesses noteworthy expertise in the real estate and banking industries, which is beneficial to clients in real estate M&A transactions that require property due diligence assistance. Contract drafting is a focus area of Ieva Kraskova, who is adept at handling corporate operations.

PricewaterhouseCoopers Legal‘s team is well-versed in matters at the intersection of retail and food production; it also advises on the range of local regulatory requirements. Elvita Gēce is particularly equipped to handle due diligence matters. Practice head Anete Puce-Dimitrovska often leads on corporate governance, especially those cases with an ESG and sustainability element. Kristers Toms Losāns, who joined the firm in November 2024, is a noteworthy M&A practitioner.

WIDEN's team advises on due diligence issues at all stages and on the recovery of company funds. The team also acts in complex shareholder and co-ownership disputes. Liene Pommere is at the helm and harnesses experience in sophisticated corporate transactions and related corporate processes. Anna Losāne is a key figure in M&A, corporate governance, and regulatory compliance contexts. Janis Ešenvalds is experienced in cross-border corporate and commercial transactions, and is well-regarded for his ‘entrepreneurial mindset.’