Yesterday, Globeducate completed the acquisition of Queen Morta Schools and Vaikystės Sodas Kindergartens, founded in 2011 and operating across four cities in Lithuania. Thus they became a part of the Globeducate group, a leading international education network with more than 65 bilingual and international schools and online programmes, serving more than 40,000 students across 12 countries, in Europe, North America, North Africa and India.
“From our very first discussions with the team at Queen Morta School, it was clear that this was a school built on a deeply human vision: academic excellence and the full development of every student. Our commitment is clear – to provide the support this school deserves to grow, and to ensure the continuity of everything that has made it a pioneering school for Lithuanian and international education.
We look forward to building on those foundations together. By investing in the future of education in Lithuania, Globeducate brings global expertise while honouring the country’s strong tradition of academic excellence”, commented Daniel Jones, Chief Education Officer at Globeducate.
Our team and services
Sorainen advised Globeducate on the legal and tax matters throughout this acquisition process, including the legal due diligence, transaction structuring, negotiating transaction documentation, various tax advice, merger clearance and completion.
The deal team was led by partner Laimonas Skibarka, counsel Raminta Karlonaitė-Durnan and senior associate Aliaksei Vashkevich, and also included partners Vaiva Mašidlauskienė, Monika Mališauskaitė-Vaupšienė, Jonas Kiauleikis, tax partners Saulė Dagilytė and Dr Aistė Medelienė, counsel Karolis Kunigėlis, senior associates Povilas Užkuraitis, Reda Čiulkinienė, Sidas Sokolovas, Marijus Dingilevskis, associates Airida Buzaitė, Nojus Jašmontas, Danas Šniutė, Beatričė Zubytė, Guoda Vdovycytė, Rytė Rečiūnaitė, Morta Šablevičiūtė, assistant lawyer Povilas Virbašius, and others.
