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Nord Security attracts USD 100 million investment
We advised the US private equity company Warburg Pincus to invest in the world-leading Lithuanian cyber security company Nord Security. In this investment round, Nord Security attracted USD 100 million and reached a value of USD 3 billion. Warburg Pincus is a new investor in the company. Existing investors Novator Ventures and Burda Principal Investments […]
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Memby / Digiklasė: EdTech from Lithuania with modern interactive solutions in education
We are advising Memby / Digiklasė, Lithuanian EdTech startup and online learning platform that provides engagement-oriented real-time large group lessons. Interactive online lessons Memby / Digiklasė aims to bring affordable online tutorship to school-aged students. The platform is several times cheaper than one-on-one tutoring, making high quality education more accessible to students who wouldn’t be […]
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Chambers Europe rankings: Sorainen further strengthens its position in the Baltics
In the recently released Chambers Europe rankings, our Employment team was moved up to Tier 1 in Lithuania. In total, we received fifteen Tier 1 rankings in the Baltics and Belarus. Additionally, two new lawyers across different teams – Kaupo Lepasepp (EE) and Māris Simulis (LV) – joined the list of notable practitioners. Four Sorainen […]
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Dexcom to open global business service centre in Vilnius
Our team is assisting Dexcom – a US-based medical device manufacturer – in opening a global business service centre in Vilnius, Lithuania. The new hub is set to open its doors in 2021. It will focus the company’s patient support, customer advocacy, and finance and accounting operations. Global leader in diabetes care technology Dexcom is […]
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Wasserman acquires Lithuanian basketball agency BBaltics
We assisted Wasserman, a leading global sports agency, in acquiring Lithuanian basketball agency BBaltics. As part of the acquisition, BBaltics founder Tadas Bulotas will join Wasserman as Vice President, International Basketball. Wasserman and BBaltics, one of the most respected European basketball representation practices, have been partnering since 2012, with Wasserman representing and supporting clients playing […]