Sorainen advised TeslaPay on establishing a company in Lithuania and obtaining an e-money institution licence from the Bank of Lithuania. TeslaPay’s mission is to provide smoother, faster and cheaper international payment services in regions where the electronic money and payment market is of great future potential. TeslaPay belongs to the Estonian ‘TopCredit’ group of companies […]
Sorainen is advising Home of Smart Energy on the sale of its Estonian and Latvian subsidiaries, 220 Energia, to the Alexela Group. 220 Energia is an electricity sales company based on Estonian private capital. “Alexela is a seller of electricity and gas very similar to 220 Energia, and merging in a single group will provide […]
Sorainen supported Baring Vostok Private Equity Fund V in connection with acquisition of a minority stake in one of the leading Belarusian software developer Itransition, with a history of about 20 years, having offices in Belarus, USA, Great Britain and Russia, and about 2,000 employees. The team led by country managing partner Kiryl Apanasevich and […]
Deals & Cases / Mantas Petkevičius, Vytautas Sabalys, Laura Matuizaitė-Mikštė, Ieva Krivickaitė
Sorainen advised BaltCap, a major private equity and venture capital investor in the Baltic region, on sale of Kelprojektas to Swedish technical consultancy firm Tyréns. Kelprojektas’ operations will continue under the existing name and brand. Kelprojektas is Lithuania’s largest infrastructure consultancy and is also active in the fields of design, water, geotechnics, the environment, traffic, planning and landscape architecture. […]
Sorainen advised SBA, one of the largest business groups in Lithuania, on investing in startup Millo Appliances, creator of a smart blender. This was the group’s first investment in the startup sector. Along with SBA, Co-investment Fund II also invested in Millo Appliances. The fund was established by Investicijø ir Verslo Garantijos (Investment and Business […]
