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Date Target Transaction Type
Value: $mlns
Acquirer Seller
2025-11-03 Usetiful
Internet Software and Services
Tallinn, Estonia
www.usetiful.com

Usetiful is a digital adoption platform known for deploying guides and surveys in applications. Usetiful was founded in 2019 and is headquartered in Tallinn, Estonia.

Add-on Acquisition

Fullstory
Company
Internet Software and Services
Atlanta, Georgia
www.fullstory.com

-
Deal Article Deal Link  
2025-10-14 Striga
Information Technology
Tallinn, Estonia
www.striga.com

Striga provides financial services infrastructure for companies in the crypto, banking & issuing space. Traditionally, the cost & time associated with launching a FinTech solution, whether it is a neo-bank, a business banking product, or a platform, has been absurdly high and complex. The company enables thinking global from day one, and enabling multi-currency accounts or multi-currency card products in different geographies can be achieved with a single button click and zero setup time, and compliance hassle. Its platform is a product that evolved as a cumulative effort of the Lastbit line of products launched and operated throughout 2019 and 2020, which was the first-ever physical instant Bitcoin-powered debit MasterCard on the planet. Striga is based in Tallinn, Estonia.

Add-on Acquisition

Lightspark
Company
Information Technology
Los Angeles, California
www.lightspark.com

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Deal Article Deal Link  
2025-06-30 Clevon
Automotive
Viljandi, Estonia
www.clevon.com

Clevon develops and manufactures autonomous delivery robots, making last-mile delivery more innovative, environmentally friendly, and efficient on public roads throughout Europe and in America. Clevon was formed in 2022 and is headquartered in Viljandi, Estonia.

Add-on Acquisition

GO
Company
Automotive
Woburn, Massachusetts
www.indigotech.com

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Deal Article Deal Link  
2025-06-23 ClouDevOps
Information Technology
Tallinn, Estonia
www.cloudevops.eu

ClouDevOps helps organizations maximize their Workday investment by improving adoption, upskilling internal teams, and streamlining operations. ClouDevOps was founded in 2019 and is based in Tallinn, Estonia.

Add-on Acquisition

Kognitiv Corp.
Company
Information Technology
Kitchener, Ontario
www.kognitiv.com

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Deal Article Deal Link  
2024-09-06 Wisnio
Staffing
Tallinn, Estonia
www.wisnio.com

Wisnio is a provider of talent assessment and development solutions. Wisnio is based in Tallinn, Estonia.

Add-on Acquisition

Assessio
Company
Staffing
Stockholm, Sweden
www.assessio.se

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Deal Article Deal Link  
2024-02-20 Bepco
Packaging
Tallinn, Estonia
www.bepco.ee

Bepco is a reusable packaging pooling company that operates a thriving meat & dairy crate pool in the Baltics. It delivers universal, innovative, and efficient returnable packaging and transport services that can be used in the circular supply chain for all product categories. Bepco was formed in 2010 and is based in Tallinn, Estonia.

Add-on Acquisition

Ifco
Company
Packaging
Munich, Germany
www.ifco.com

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Deal Article Deal Link  
2024-01-08 Klaus
Internet Software and Services
Tallinn, Estonia
www.klausapp.com

Klaus is an AI-powered quality management platform that helps companies drive revenue through excellent customer service. Klaus was founded in 2018 and is based in Tallinn, Estonia.

Add-on Acquisition

Zendesk
Company
Internet Software and Services
San Francisco, California
www.zendesk.com

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Deal Article Deal Link  
2023-12-08 Viru Keskus
Real Estate
Tallinn, Estonia
www.virukeskus.com

Viru Keskus is a Shopping center with hundred shops and service points. Customers can also find three most important Worlds in Viru Keskus: Beauty World, Food World and Women’s World. Viru Keskus was founded in 2004 and is based in Tallinn, Estonia.

Add-on Acquisition

Kapitel
Company
Real Estate
Tallinn, Estonia
www.kapitel.ee

Pontos Group
Investor
Family Office
Helsinki, Finland
www.pontos.fi

2022-11-02 SpiderFoot
Information Technology
Tallinn, Estonia
www.spiderfoot.net

SpiderFoot is a provider of open-source intelligence, attack surface management and digital investigations. SpiderFoot was founded in 2005 and is based in Tallinn, Estonia.

Add-on Acquisition

Intel 471
Company
Information Technology
Frisco, Texas
www.intel471.com

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Deal Article Deal Link  
2022-08-23 GuestJoy
Internet Software and Services
Tallinn, Estonia
www.guestjoy.com

GuestJoy is a cloud-based app that allows hoteliers to automate personalised, direct, contactless guest communications before, during and after their stay. GuestJoy was founded in 2014 and is based in Tallinn, Estonia.

Add-on Acquisition

SiteMinder
Company
Internet Software and Services
Millers Point, Australia
www.siteminder.com

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Deal Article Deal Link  
2022-07-07 Top Connect
Communications
Tallinn, Estonia
www.topconnect.com

Top Connect is an international MVNO and global roaming provider with a 25-year track record of successfully serving over 100 international customers and distributors. Top Connect is based in Tallinn, Estonia.

Add-on Acquisition

Velos IoT
Company
Communications
Saint Helier, Channel Islands
www.velosiot.com

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Deal Article Deal Link  
2022-05-02 EsportsHeadlines.com
Digital Media
Tallinn, Estonia
www.esportsheadlines.com

EsportsHeadlines.com is a digital magazine known for its coverage of competitive gaming topics through news articles, guides, tutorials, and reviews.

Add-on Acquisition

Damage Media
Company
Digital Media
Tallinn, Estonia
www.damage.media

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Deal Article Deal Link  
2022-03-01 GamerHeadlines
Digital Media
Tallinn, Estonia
www.gamerheadlines.com

GamerHeadlines is a video gaming news website that covers the latest affairs from the console and indie industry. GamerHeadlines was launched in 2013 and is based in Tallinn, Estonia.

Add-on Acquisition

Damage Media
Company
Digital Media
Tallinn, Estonia
www.damage.media

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Deal Article Deal Link  
2022-02-01 BPT Real Estate
Real Estate
Tallinn, Estonia
www.bptre.com

BPT Real Estate is a major commercial property management company in the Baltic States and Poland. The team of 80 professionals manages more than 150 properties, whose total area amounts to 1 million square meters, and has more than 1000 tenants. BPT Real Estate is based in Tallinn, Estonia.

Add-on Acquisition

Newsec
Company
Real Estate
Vilnius, Lithuania
www.newsec.lt

BaltCap
Investor
Private Equity Firm
Tallinn, Estonia
www.baltcap.com

Advisor: TGS Baltic

Deal Article Deal Link  
2021-12-16 AlphaChat
Internet Software and Services
Tallinn, Estonia
www.alphachat.ai

AlphaChat provides conversational artificial intelligence (AI) technology for customer service automation. The Company's messaging automation product is capable of understanding natural language, authenticating users, providing personalized responses and executing transactions, making communication with customers seamless. AlphaChat was founded in 2017 and is based in Tallinn, Estonia.

Add-on Acquisition

Zurich
Company
Insurance
Zurich, Switzerland
www.zurich.com

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Deal Article Deal Link  
2021-09-14 SpectX
Information Technology
Tallinn, Estonia
www.spectx.com

SpectX is a query analytics company. SpectX is based in Tallinn, Estonia.

Add-on Acquisition

Dynatrace
Company
Software
Waltham, Massachusetts
www.dynatrace.com

-
Deal Article Deal Link  
Avg $100
8.4x EBITDA
4.1x REVENUE

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