Mr Green & Co AB (publ) (OM:MRG) signed an agreement to acquire 75% stake in 11.lv for €2.8 million on May 23, 2018. The consideration is payable in cash and is based on an enterprise value of €3.7 million. Post completion, the two founders of 11.lv will keep 25% stake in 11.lv and will be retained. Eva Berlaus and Liva Aleksejeva of Sorainen acted as legal advisors to Mr Green & Co AB. Porta Finance acted as an exclusive financial adviser to the shareholders of 11.lv.