Sorainen

Corporate Advisory, M&A and Private Equity

Partner and head of the firm’s M&A, Corporate and Employment practice group. Additionally, he is also heading the Startups sector group in the Baltics and is responsible for the Private Equity and Venture Capital sector groups in Estonia.

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. He has been Sorainen’s co-managing partner and Estonian country managing partner for 11 years. Additionally, he has helped establish Sorainen’s quality management system and continues to support its development.

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

International Bar Association Closely Held Companies Committee

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)