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We advised Verse Payments Lithuania on obtaining an electronic money institution licence. Verse Payments Lithuania is a social payments app and is a fully owned subsidiary of Verse Technologies, based in Spain. Offers a full range of digital payment features The company plans to expand its operations in Lithuania and the EU offering users a […]
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On May 27 2019, Linstow signed a sale-purchase agreement for disposal of shopping centre Galerija Centrs to the Estonia-registered Baltic Horizon public real estate fund. New page in the history of the pearl of Baltic retail Galerija Centrs is a historic building in Riga Old Town. The sale-purchase agreement was signed by Northern Horizon Capital […]
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We advised the shareholders of Artist Media on selling 90% of Artist Media’s shares to TV3’s parent company All Media Eesti. Established in 2002, Artist Media is the largest company in Estonia offering complete audio and in-store radio solutions. In 2018, the company generated a turnover of EUR 1.9 million and an operating profit of […]
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We assisted Sika, an international developer and producer of systems and products for the construction sector and the motor vehicle industry, in its acquisition of BelINECO, a Belarusian company specialising in production of polyurethane foams. BelINECO is based near Brest and has been operating since 2008. The company supplies its products to the Kazakh, Russian, […]
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Sorainen advised Practica Capital, a Lithuania-based venture capital fund, on its investment in Sonarworks. Dedicated Baltic venture capital fund Established in 2011 in Lithuania, Practica Capital is a dedicated Baltic venture capital fund focusing on investments in Baltic and Baltic-origin seed, early stage, and select growth stage technology ventures. Practica Capital manages several investment funds. […]