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Sorainen advised venture capital fund Open Circle Capital on launching operations in Lithuania. Open Circle Capital is a EUR 20 million early-stage venture capital fund focused on technology companies in the fields of information and communication technologies, robotics and high-tech. Comments Audrius Milukas, manager of Open Circle Capital and one of its partners: “We are […]
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Deals & Cases / Stasys Drazdauskas, Laimonas Skibarka, Mantas Petkevičius, Augustas Klezys, Jonas Kiauleikis, Monika Mališauskaitė-Vaupšienė, Inga Macijauskaitė, Laura Matukaitytė, Lina Ragainytė-Mezenė, Vytautas Sabalys, Eva Berlaus, Rūdolfs Eņģelis, Valts Nerets, Jānis Bite, Santa Rubīna, Alīna Kalviša, Tits Gulbis, Isabella Barbara Tisenhusen, Cathriin Majas, Hanna Pahk, Olivia Kranich
MTG Baltics is the leading pan-Baltic media house with free TV and pay TV broadcasting assets together with complementary radio assets and a strong digital presence. Bitė Lietuva acquired the following MTG businesses in the Baltics: three TV channels in Estonia (TV3, TV3+, TV6), five TV channels in Latvia (TV3, TV3+, TV6, Kanals 2, LNT), […]
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Sorainen is advising Providence Equity Partners on the acquisition of Swedish media holdings Modern Times Group (MTG) business in the Baltics. The total disclosed value of the acquisition in all three Baltic States is EUR 115 million. Providence Equity Partners is a premier global asset management firm with USD 50 billion in assets under management […]
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Sorainen is acting as lead legal counsel for the shareholders of Palink, the operator of the IKI retail chain, on the sale of 100% of Palink shares to Rimi Baltic. With a total transaction value of EUR 213 million, this is the largest M&A transaction in Lithuania this year. The acquisition of IKI means that […]
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SORAINEN advised BITĖ group, a major mobile operator in Lithuania and Latvia, on acquisition of a controlling shareholding in Spainetos prekybos sistema and its Latvian subsidiary, Spaineta Latvia. Spaineta operates a retail network distributing BITĖ services, smartphones and accessories, with over 200 staff in Lithuania and Latvia. BITĖ Group controls a leading mobile operator in […]
