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TGS Baltic

Work +372 626 4300
Fax +372 626 4306
Riga, Tallinn, Tartu, Vilnius

Mag iur Kadri Kallas

Work +372 626 4300
TGS Baltic

Work Department

Corporate/Commercial, M&A, Private Equity


Kadri Kallas has extensive experience in the areas of mergers and acquisitions, corporate law, private equity and venture capital. She has advised strategic investors, private equity funds and companies included in their portfolios, as well as venture investors and growth companies on strategic investments, joint ventures, mergers, acquisitions and demergers, and provided general business advice. In addition to a successful eight-year career at Sorainen, she has worked for the London office of an international US-based law firm. Kadri is also a management board member of the Estonian Private Equity and Venture Capital Association.


2018 to date Partner, Attorney-at-Law, Law Firm TGS Baltic
2017–2018 Associate Partner, Law Firm TGS Baltic (formerly VARUL)
2016–2017 Associate Partner, Law Firm VARUL
2014–2016 Specialist Counsel, Law Firm Sorainen
2008–2011 Senior Associate, Law Firm Sorainen
2005–2008 International Associate, Vinson & Elkins (London)
2004 Associate, Law Firm Sorainen
2003–2004 Lawyer, Law Firm Sorainen
1999–2003 Lawyer, AS SEB Pank
1998–1999 Assistant Lawyer, AS SEB Pank


Estonian, English, Russian, French


Member of the Management Board of Estonian Private Equity and Venture Capital Association since 2017
International Bar Association
International Association of Young Lawyers (AIJA), National Representative for Estonia since 2008
Estonian Bar Association since 2004


2005 University College London, Corporate and Securities Law, LLM

1999 University of Tartu, Faculty of Law, BA


Commercial, corporate and M&A

Within: Next generation lawyers

Kadri Kallas - TGS Baltic

Within: Commercial, corporate and M&A

At TGS Baltic, a notable mandate for the M&A team was advising pharmacy chain Euroapteek on its acquisition of Ülikooli Apteek, while the corporate team was involved in the restructuring of Møller Real Estate Baltic. Leonid Tolstov heads the firm's corporate practice, while newly promoted partners Kadri Kallas and Sander Kärson lead in M&A work. Other key clients for the firm include Cybernetica, Merck Sharp & Dohme, and Talot, which the firm advised on its €10.5m acquisition of Lasbet.

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