We advised ALSO Holding, one of the leading providers of ICT (information and communications technology) distribution, solutions and services in Europe, on an agreement with MCI Euroventures, the majority shareholder of ABC Data, regarding the takeover of the entire business operations of ABC Data. The client was advised in cooperation with law firm Wolf Theiss. […]
We advised private equity fund INVL Baltic Sea Growth Fund on investing up to EUR 30 million in Grigeo’s cardboard and packaging business in several rounds. Under the signed contract terms, the fund’s subsidiary company BSGF Salvus will acquire up to 49.99% of the shares in Grigeo investicijų valdymas, a company owned by Grigeo, in two phases. The […]
We advised venture capital fund Open Circle Capital on investing EUR 100,000 in Lithuanian startup Attention Insight, which is developing an artificial intelligence-based tool. Lithuanian business angel network LitBAN and venture capital fund Koinvesticinis fondas also invested in the startup. Total investment amounts to EUR 200,000. Attention Insight system analyses user attention distribution Attention Insight […]
Sorainen advised venture capital fund Open Circle Capital on investing EUR 300,000 in the Whatagraph platform. The other half of the sum was invested by the founders themselves, brothers Justas, Tomas and Andrius Malinauskas. Open Circle Capital manages assets of more than EUR 20 million and invests in Lithuanian companies that produce products in high-tech […]
Sorainen advised venture capital fund Open Circle Capital on investing in fast growing ad exchange startup SixAds created for webstores. Open Circle Capital is interested in technology companies in the fields of ICT, robotics and high-tech. SixAds demonstrates a fast growing number of customers and revenue, along with global ambitions, all of which are in […]