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TGS Baltic

Full company profile

uuid000djxl

Namestring
TGS Baltic
Legal namestring
TEGOS
Websiteurl
tgsbaltic.com
Company typeenum
Private
Founded yearint
1991
Descriptiontext

TEGOS (formerly TGS Baltic) is a commercial law firm operating across the three Baltic states — Estonia, Latvia, and Lithuania — with offices in Riga, Tallinn, Tartu, and Vilnius. Founded in 1991, the firm provides full-service legal counsel covering corporate law, M&A, real estate transactions, Fintech law, data breaches, dispute resolution, and regulatory compliance, targeting business enterprises requiring multi-jurisdictional and industry-specialized expertise. Its business model is traditional professional services, billing clients through hourly rates, project fees, and retainer arrangements, with go-to-market executed via direct, relationship-based engagement through its office network.

The firm employs 101-250 people across its four offices and positions itself on an interdisciplinary approach, industry specialization, and combined local-and-international expertise. It operates as a privately held partnership under the legal entity name TEGOS (registered in Latvia), with the brand name derived from the Greek word for 'protection.' Marketing channels include a multilingual website, a newsroom for thought leadership, a LinkedIn corporate presence, email newsletters in English, Estonian, Latvian, and Lithuanian, and participation in industry recognition programs such as the IFLR Europe Awards and CEE Legal Matters Deal of the Year.

In 2026, the firm completed a strategic rebranding from TGS Baltic to TEGOS, reflecting intent for deeper regional collaboration and broader international reach. The firm has been named Baltics Firm of the Year for five consecutive years, won the IFLR Europe Impact Deal Award in June 2026, and achieved a triple win at the CEE Legal Matters Deal of the Year awards in May 2026. The operating entity is structured around a managing-partner leadership model and has no disclosed subsidiaries, parent company, or external funding — consistent with a privately held law firm.

Short descriptiontext

TEGOS (formerly TGS Baltic) is a privately held commercial law firm founded in 1991, providing full-service multi-jurisdictional legal counsel across Estonia, Latvia, and Lithuania through offices in Vilnius, Riga, Tallinn, and Tartu for business enterprise clients.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
101–250
akta.pro rankint
HeadquartersVilnius, Lithuania
HQ citystring
Vilnius
HQ countrystring
Lithuania
HQ regionstring
Europe
Markets served

Serves global market

Offices4 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
commercial law services, corporate legal counsel, M&A advisory, cross-border legal services, fintech legal advisory
NAICS code2 codes
  • Legal Services5411
  • Offices of Lawyers54111
SIC code1 code
  • Services-Legal Services8111
Product category
Legal Services
Social media profiles1 record
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model1 record
1Legal Advisory Services
TypeProfessional Services
Description

Professional legal services billed through hourly rates, project fees, or ongoing retainer arrangements for business clients requiring legal counsel across multiple practice areas and jurisdictions in the Baltics.

tegos.legal
Marketing channels4 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels1 record

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components4 values
Personnel, Operations, Marketing or Sales, Others
GTM typeB2B
B2B
Offering typeServices
Services
Core offering1 text field

TGS Baltic (now operating as TEGOS) is a full-service commercial law firm providing interdisciplinary legal counsel across Estonia, Latvia, and Lithuania. The firm delivers corporate law, M&A, real estate transactions, Fintech law, and data breach advisory services to business clients. It combines industry specialisation with multi-jurisdictional expertise, serving enterprises requiring comprehensive legal solutions across the Baltic region.

Differentiator
Functional benefit
Problem solved
Product and service1 record
1Legal Services
CategoryLegal Services
Description

Full-service legal counsel across the Baltics (Estonia, Latvia, Lithuania) offering an interdisciplinary approach, industry specialisation, and local & international expertise for business clients requiring corporate law, M&A, real estate transactions, Fintech law, and data breach advisory.

Scale indicator1 record

Each record includes

Type, Value, Description, Source

Recent move5 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight4 records

Each record includes

Type, Description

Peers10 records
TypeBroad incumbent
Description

Bird & Bird is an international law firm with a strong Baltic office serving technology, media and Fintech clients — overlapping with TEGOS's Fintech and data-breach practices.

TypeBroad incumbent
Description

Eversheds Sutherland is a global law firm with an established Baltic presence serving enterprise clients across the region, competing with TEGOS for complex corporate and cross-border mandates from a much larger international platform.

TypeDirect peer
Description

Sorainen is one of the leading full-service commercial law firms headquartered in the Baltics, with offices in Estonia, Latvia, Lithuania and Belarus — the closest direct competitor to TEGOS for cross-border Baltic mandates.

TypeDirect peer
Description

Cobalt is a top-tier Baltic law firm with offices across Estonia, Latvia, Lithuania and beyond, competing head-to-head with TEGOS for high-value M&A, corporate, dispute resolution and regulatory mandates.

TypeDirect peer
Description

Triniti is a Baltic-headquartered commercial law firm with offices across Estonia, Latvia and Lithuania, positioned as a peer competitor for mid-market and corporate mandates in the region.

TypeDirect peer
Description

Glimstedt is a long-established Baltic law firm with offices across the three Baltic states, offering comparable full-service commercial legal counsel to enterprise clients in the same regional market as TEGOS.

TypeDirect peer
Description

Hannes Snellman is a leading Nordic-Baltic commercial law firm serving corporate clients across the Baltics and Nordics, directly comparable in cross-border transactional and advisory scope.

TypeDirect peer
Description

Walless is a Baltic-origin commercial law firm operating across the region, providing full-service legal counsel to business clients in direct competition with TEGOS.

TypeRegional player
Description

Borenius is a leading Finnish-Baltic business law firm with offices in Helsinki and Tallinn, overlapping with TEGOS on Estonia-focused M&A and corporate mandates and competing for Nordic-Baltic cross-border work.

TypeBroad incumbent
Description

Ellex, the historic Baltic firm, merged into global firm WOLF THEISS in 2022 — combining strong Baltic roots with international reach and directly competing with TEGOS on cross-border mandates.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat4 records

Each record includes

Type, Details

Key risks5 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Segment1 record

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile1 record

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles1 record

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

TGS Baltic

Legal Servicestgsbaltic.com

TEGOS (formerly TGS Baltic) is a privately held commercial law firm founded in 1991, providing full-service multi-jurisdictional legal counsel across Estonia, Latvia, and Lithuania through offices in Vilnius, Riga, Tallinn, and Tartu for business enterprise clients.

What TGS Baltic does

TEGOS (formerly TGS Baltic) is a commercial law firm operating across the three Baltic states — Estonia, Latvia, and Lithuania — with offices in Riga, Tallinn, Tartu, and Vilnius. Founded in 1991, the firm provides full-service legal counsel covering corporate law, M&A, real estate transactions, Fintech law, data breaches, dispute resolution, and regulatory compliance, targeting business enterprises requiring multi-jurisdictional and industry-specialized expertise. Its business model is traditional professional services, billing clients through hourly rates, project fees, and retainer arrangements, with go-to-market executed via direct, relationship-based engagement through its office network.

The firm employs 101-250 people across its four offices and positions itself on an interdisciplinary approach, industry specialization, and combined local-and-international expertise. It operates as a privately held partnership under the legal entity name TEGOS (registered in Latvia), with the brand name derived from the Greek word for 'protection.' Marketing channels include a multilingual website, a newsroom for thought leadership, a LinkedIn corporate presence, email newsletters in English, Estonian, Latvian, and Lithuanian, and participation in industry recognition programs such as the IFLR Europe Awards and CEE Legal Matters Deal of the Year.

In 2026, the firm completed a strategic rebranding from TGS Baltic to TEGOS, reflecting intent for deeper regional collaboration and broader international reach. The firm has been named Baltics Firm of the Year for five consecutive years, won the IFLR Europe Impact Deal Award in June 2026, and achieved a triple win at the CEE Legal Matters Deal of the Year awards in May 2026. The operating entity is structured around a managing-partner leadership model and has no disclosed subsidiaries, parent company, or external funding — consistent with a privately held law firm.

TGS Baltic firmographics

Firmographics
Name
TGS Baltic
Legal name
TEGOS
Website
https://tgsbaltic.com
Company type
Private
Founded year
1991
Operating status
Operating
Headcount range
101–250 employees
Short description
TEGOS (formerly TGS Baltic) is a privately held commercial law firm founded in 1991, providing full-service multi-jurisdictional legal counsel across Estonia, Latvia, and Lithuania through offices in Vilnius, Riga, Tallinn, and Tartu for business enterprise clients.
Ownership category
akta.pro rank

Where TGS Baltic is headquartered

Location

Headquarters

HQ city
Vilnius
HQ country
Lithuania
HQ region
Europe

Offices4 records

Markets served

TGS Baltic business model

Business model
GTM type
B2B
Offering type
Services
Cost components
Personnel, Operations, Marketing or Sales, Others

Revenue model

  1. Legal Advisory Services: Professional legal services billed through hourly rates, project fees, or ongoing retainer arrangements for business clients requiring legal counsel across multiple practice areas and jurisdictions in the Baltics.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

TGS Baltic product offering

Product offering

Core offering

TGS Baltic (now operating as TEGOS) is a full-service commercial law firm providing interdisciplinary legal counsel across Estonia, Latvia, and Lithuania. The firm delivers corporate law, M&A, real estate transactions, Fintech law, and data breach advisory services to business clients. It combines industry specialisation with multi-jurisdictional expertise, serving enterprises requiring comprehensive legal solutions across the Baltic region.

Differentiator

Problem solved

Functional benefit

Products and services

  • Legal Services Full-service legal counsel across the Baltics (Estonia, Latvia, Lithuania) offering an interdisciplinary approach, industry specialisation, and local & international expertise for business clients requiring corporate law, M&A, real estate transactions, Fintech law, and data breach advisory.

Companies that use TGS Baltic

Customer profile

Segments1 record

Ideal customer profiles1 record

TGS Baltic technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

TGS Baltic partnerships and signals

Strategic signal

Scale indicators1 record

Recent moves5 records

Expansion highlights4 records

TGS Baltic competitors and assessment

Company assessment

Broad incumbents

  • Bird & Bird: Bird & Bird is an international law firm with a strong Baltic office serving technology, media and Fintech clients — overlapping with TEGOS's Fintech and data-breach practices.
  • Eversheds Sutherland: Eversheds Sutherland is a global law firm with an established Baltic presence serving enterprise clients across the region, competing with TEGOS for complex corporate and cross-border mandates from a much larger international platform.
  • Ellex (now part of WOLF THEISS): Ellex, the historic Baltic firm, merged into global firm WOLF THEISS in 2022 — combining strong Baltic roots with international reach and directly competing with TEGOS on cross-border mandates.

Direct peers

  • Sorainen: Sorainen is one of the leading full-service commercial law firms headquartered in the Baltics, with offices in Estonia, Latvia, Lithuania and Belarus — the closest direct competitor to TEGOS for cross-border Baltic mandates.
  • Cobalt: Cobalt is a top-tier Baltic law firm with offices across Estonia, Latvia, Lithuania and beyond, competing head-to-head with TEGOS for high-value M&A, corporate, dispute resolution and regulatory mandates.
  • Triniti: Triniti is a Baltic-headquartered commercial law firm with offices across Estonia, Latvia and Lithuania, positioned as a peer competitor for mid-market and corporate mandates in the region.
  • Glimstedt: Glimstedt is a long-established Baltic law firm with offices across the three Baltic states, offering comparable full-service commercial legal counsel to enterprise clients in the same regional market as TEGOS.
  • Hannes Snellman: Hannes Snellman is a leading Nordic-Baltic commercial law firm serving corporate clients across the Baltics and Nordics, directly comparable in cross-border transactional and advisory scope.
  • Walless: Walless is a Baltic-origin commercial law firm operating across the region, providing full-service legal counsel to business clients in direct competition with TEGOS.

Regional players

  • Borenius: Borenius is a leading Finnish-Baltic business law firm with offices in Helsinki and Tallinn, overlapping with TEGOS on Estonia-focused M&A and corporate mandates and competing for Nordic-Baltic cross-border work.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

TGS Baltic social profiles

Digital presence

TGS Baltic financial estimates

Financial estimate

Revenue estimate

Valuation estimate

TGS Baltic leadership team

Management profile

Number of profiles

Profiles1 record

TGS Baltic funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

TGS Baltic M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about TGS Baltic

What does TGS Baltic do?

TGS Baltic (now operating as TEGOS) is a full-service commercial law firm providing interdisciplinary legal counsel across Estonia, Latvia, and Lithuania. The firm delivers corporate law, M&A, real estate transactions, Fintech law, and data breach advisory services to business clients. It combines industry specialisation with multi-jurisdictional expertise, serving enterprises requiring comprehensive legal solutions across the Baltic region.

Is TGS Baltic a public or private company?

TGS Baltic is a private company. It is classified as management employee owned and is currently operating.

When was TGS Baltic founded?

TGS Baltic was founded in 1991. It employs 101 to 250 people.

Where is TGS Baltic based?

TGS Baltic is headquartered in Vilnius, Lithuania, in the Europe region.

How does TGS Baltic make money?

One revenue line is on record: legal Advisory Services.

Who are TGS Baltic's main competitors?

Broad incumbents on record are Bird & Bird, Eversheds Sutherland and Ellex (now part of WOLF THEISS). Direct peers are Sorainen, Cobalt, Triniti, Glimstedt, Hannes Snellman and Walless. Borenius is listed as a regional player.

Does TGS Baltic have an API?

No public API is recorded for TGS Baltic.

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Live signals
CeelegalmattersTGS Baltic and Ellex Advise on Lendurai's EUR 5.5 Million Investment RoundLendurai, an Estonian dual-use startup developing autonomous drone systems that operate in GPS-jammed or contested environments, has closed a EUR 5.5 million investment round led by Expeditions Fund, HCVC, and Vsquared Ventures. TGS Baltic acted as legal advisor to Lendurai while Ellex advised the investors in the transaction. The startup's technology addresses a strategic capability gap for European defense and industrial resilience applications.Legal500TGS Baltic advised TÜV SÜD AG on the acquisition of Carspect Group Holding AB – Legal DevelopmentsTÜV SÜD AG has completed the acquisition of Carspect Group Holding AB, a Swedish provider of vehicle inspection services with operations in Sweden, Latvia, and Estonia. The transaction was facilitated by IK Partners and advised by TGS Baltic, expanding TÜV SÜD's presence in the periodic technical inspection market to nine countries.CeelegalmattersTGS Baltic Advises Kilo Health Shareholders on Sale of Minority Stake to Scandinavian and Estonian FundsTGS Baltic advised shareholders of digital health company Kilo Health on the sale of a minority stake to various Scandinavian and Estonian investment funds. The transaction involved Nordic Secondary Fund II, First Fellow, Usaldusfond Specialist VC Primary and Secondary Fund II, Metaplanet Holdings, and Biofuel acquiring shares in May and June, with management remaining unchanged. This follows a previous advisory role by TGS Baltic for Kilo Health's 2021 investment in Revolab.