Sorainen Advises on SolbegSoft's Majority Stake Sale to Helmes

Sorainen Advises on SolbegSoft's Majority Stake Sale to Helmes

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Sorainen Belarus has advised Helmes, an international software development company based in Estonia, on its acquisition of a majority shareholding in Belarusian outsourcing IT company SolbegSoft, a resident of the High Technologies Park economic zone. The seller was represented by Revera.

According to Sorainen, “SolbegSoft is known for offering a wide range of software solutions and consulting services for a variety of industry sectors. The transaction became one of the first and largest projects to take advantage of Belarus’ nascent Digital Country regime introduced by Presidential Decree # 8 in March 2018.”

The Sorainen team was led by Partner Maksim Salahub and Senior Associate Viktoryia Mikhnevich and included Senior Associate Kirill Laptev, Associates Aliaksei Vashkevich and Tatsiana Zubarava, among other team members.

Revera did not reply to our inquiries on the matter.