We advised the ultra-short pulse femtosecond laser startup Litilit on attracting EUR 3.5 million in investment from the Taiwanese venture capital company Taiwania Capital. This is the first investment in a Lithuanian company from a USD 200 million fund dedicated to Taiwanese investment in Central and Eastern Europe. Lithuanian venture capital firm Iron Wolf Capital […]
We assisted INVL Baltic Sea Growth Fund, a leading Baltic private equity fund, with its investment in LuxVet, one of Poland‘s largest networks of veterinary care providers, through its portfolio company MiniVet. The INVL Baltic Sea Growth Fund acquired the MiniVet chain in June 2022. MiniVet aims to create a broad network of clinics that […]
We assisted the Lithuania-based market-leading public web data gathering solutions provider Oxylabs in acquiring Webshare Software Company based in Silicon Valley. Sorainen partner Mantas Petkevičius, who advised the client in this transaction, says that this is likely the first case when a Lithuania-based business has acquired a Silicon Valley company. First acquisition in Silicon Valley […]
We assisted Vilnius Coding school, an international programming school for adults, in acquiring 100% of the shares in Baltijos kompiuterių akademija. Baltijos kompiuterių akademija is an information technology (IT) professional training and certification academy for IT management and technology professionals. The company provides internationally recognised qualifications and implements IT education projects. Julija Rimšelė, founder and […]
We assisted Pet Baltija, one of the largest polyethylene terephthalate (PET) recyclers in Northern Europe, in signing an agreement to acquire the leading Czech fibre producer Tesil Fibres, a spin-off of SILON. PET Baltija operates in Latvia and is managed by INVL Baltic Sea Growth Fund. It belongs to Eco Baltia, the largest environmental and […]