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Deals & Cases / Daivis Švirinas, Laimonas Skibarka, Monika Mališauskaitė-Vaupšienė, Ana Novosad, Irma Kunickė, Jonas Kiauleikis, Inga Macijauskaitė, Stasys Drazdauskas, Asta Augutytė-Rapkevičienė, Dobilė Minkutė, Ieva Andersone, Marika Grunte, Andris Tauriņš, Jorens Jaunozols, Līva Aleksejeva
We advised telecommunication company Bitė on entering into a framework agreement with Tele2 to create a shared Radio Access Network (RAN) in Lithuania and Latvia. Partnership to benefit customers and national economies The partnership will boost the 5G network development process so that full coverage will be rolled out much faster than in a standalone […]
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We are advising Barclays Group Operations Lithuania on the transfer of Rise Vilnius startup hub to Swedbank. At the moment startup hub has 64 members and covers 34 companies. Rise Vilnius hub and its community After opening in summer 2016, startups based at Rise Vilnius hub were consulted by global mentors. In addition, hackathons were […]
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Deals & Cases / Laimonas Skibarka, Vytautas Sabalys, Juliana Pavilovska, Laura Matuizaitė-Mikštė
Sorainen advised NanoAvionics, a Lithuanian start-up manufacturing satellites, on securing an investment from AST&Science to support the company’s operational expansion globally. Under the terms of the investment, AST&Science has acquired all shares from venture capital firm Practica Capital and made an additional investment in NanoAvionics’ capital assets. NanoAvionics is a small satellite platform manufacturer and […]
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Sorainen assisted CGTrader, a company managing the 3D models online marketplace, in attracting a EUR 2 million investment. At this stage the main investor is Estonian venture capital fund Karma Ventures. CGTrader is one of the biggest 3D model marketplaces in the world. Currently it offers almost 600,000 models and has over 1.1 million users. […]
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Sorainen is advising Owens Corning on the acquisition of Paroc Group, a leading producer of mineral wool insulation for building and technical applications in Europe. The total disclosed value of the acquisition of Paroc Group facilities in Finland, Lithuania, Poland, Russia and Sweden is EUR 900 million. NYSE-listed Owens Corning develops, manufactures and markets insulation, […]
