Deals & Cases / Matas Mačiulaitis, Jonas Kiauleikis, Laimonas Skibarka, Evaldas Dūdonis, Indrė Ščeponienė, Piret Lappert, Aurelija Daubaraitė, Renāte Purvinska, Goda Jakubauskaitė, Lee Raudsepp, Barbora Bernatonytė
We advised Bitė Lietuva on splitting up its telecommunications and media businesses. From now on, they will each be managed by different holdings. Bitė Group will merge its telecommunications businesses in Lithuania and Latvia, while All Media Group will merge its media businesses in the Baltic countries, including TV3 television, the streaming platform station Go3 […]
We advised a German company Klett Lernen, part of the Klett Group, on investing in Baltų lankų vadovėliai, one of the best-known brands in the Lithuanian textbook publishing market. The Klett Group is Germany’s leading private educational and continued education services provider, with more than 80 companies in 18 countries. This is the first investment […]
Sorainen advised BITE Latvija, one of the biggest ICT companies in Latvia providing mobile and fixed communication services, on a major legal project involving obtaining of the rights to use frequencies enabling 5G services. In order to start providing 5G services, Bite Latvija needed to acquire permission from the Latvian Public Utilities Commission (PUC) to […]
Yesterday, the Supreme Administrative Court of Lithuania ruled in favour of our client UAB Mezon in a dispute over the transfer of frequencies together with the acquired Mezon business. In 2020, after Bitė Grup company UAB Mezon acquired the business operating under Mezon brand from LRTC (deal value – EUR 30 million), Telia appealed against […]
We advised venture capital firm Elephant VC on investing in Lithuanian startup PVcase, a developer of software for solar power plants. In the series A round the startup raised EUR 20 million. Venture capital funds Practica Capital and Contrarian Ventures, which had previously invested in the company, also participated in this round of funding. The […]