Hedman Partners advised Deltabid on relocating the company to the United States

Hedman Partners assisted enterprise eProcurement software provider Deltabid in expanding their operations and raising additional funding via a stock swap and the transfer and licensing of Deltabid’s intellectual property to a newly established company.

Hedman additionally designed and implemented the transfer pricing structure between the parent company in the United States and its subsidiary in Estonia.

Deltabid is an eProcurement software to replace feeble e-mail and Excel-based procurement methods with a modern, streamlined and transparent process, thus reducing costs and giving a real-time oversight.

Hedman Partners was represented by partners Dmitri Tšimpoaka and Merlin Salvik, IP attorney Toomas Seppel and tax consultant Kardo Rander.