Despite turbulent times in macroeconomic and geopolitical situations over the past few years, the Baltic M&A market has been reasonably active, especially in Lithuania, according to the recent “Baltic Private M&A Deal Points Study 2024”. The study analysed 179 private M&A transactions with a deal value of over EUR 1 million completed in the Baltics […]
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We advised Smash Capital, a US venture capital fund manager, on investing in Ovoko, a Lithuanian startup operating online marketplaces for used car parts. Smash Capital acted as lead investor in the Series B round, which was worth EUR 20 million in total. This is the largest investment in the Lithuanian startup ecosystem this year. […]
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On 6 September a version of tax changes was made public by the MoF, which has been agreed with the social partners and will go to the parliament. The rumour says that this will become the law. The expected tax changes are as follows Minimum monthly wage: 2024: EUR 700 2025: EUR 740 2026: EUR […]