On Thursday the Snoras creditors committee unanimously agreed that Finasta, Finasta Holding and Snoras Lizingas, three companies that belonged to the bankrupted Snoras bank, would be sold to the same investor, delfi.lt reported on 24 August. In the market it is speculated that the most probable buyer is an Estonian capital asset management and financial consulting company, Redgate Capital.
“One of the managers of the company had previously worked in SEB management therefore he has some banking experience and, coincidentally, he was managing the leasing subdivision”,- one of the analytists following the progress of the transaction told Verslo Žinios.
Redgate Capital is a specialised boutique type financial management company which was founded soon after the financial crisis of 2008. The company advertises itself as an enterprise specialising in investments in post-Soviet countries with partners in Lithuania, Poland, Scandinavia and Luxembourg.
The partners of Redgate Capital are Veikko Maripuu, Aare Tammemäe and Mart Altvee.