TALLINN, December 20, 2022 – LionCliff Capital, the Nordic investment banking firm, is delighted to have advised the management buyout of Prorent, the independent car rental company in Estonia.
Prorent is one of the leading independent car rental companies in Estonia that operates under its own domestic brand. Established in 2011 and headquartered in Tallinn, Estonia, Prorent provides convenient and affordable car rental services to its target customer base of corporates and private individuals. Prorent offers short-term rental, long-term rental, full-service lease, and car rental with a driver. Prorent has a modern fleet of ca 100 vehicles, offering a great selection of global car brands and models.
Prorent and its management team were advised by LionCliff Capital.
LionCliff Capital is a Nordic investment banking firm that provides advice and services to help clients with mergers & acquisitions (M&A), financing and other transactions. LionCliff Capital provides financial services to diversified client base that includes large corporations and emerging companies, government agencies, institutional investors and individuals. LionCliff Capital acts for clients throughout the Nordics and Baltics from its hubs in Stockholm, Tallinn, Riga and Vilnius.
Further information:
Mihkel Piirsoo
Co-Founder and Partner
Tel: +372 56 800 421
E-mail: mihkel.piirsoo@lioncliff.com
