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Koinvesticinis fondas and LitBan invest EUR 180,000 in startup Nanoenergija
We advised Koinvesticinis fondas on investing in Nanoenergija – a Lithuanian startup which has developed vibration energy harvesting technology to power wireless IoT sensors. A total of EUR 180,000 has been invested in the startup by Koinvesticinis fondas (EUR 126,000) and LitBan (EUR 54,000). Although Nanoenergija developed their technology only at the beginning of this […]
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Growmore Group to acquire Medicinos Bankas
We are assisting Nitin Shelke, the founder and chairman of Growmore Group, in entering into an agreement for the strategic acquisition of Medicinos Bankas – a retail bank in Lithuania with assets of USD 395 million (EUR 355 million). Growmore Group is a global investment and financial services conglomerate with businesses across the UAE, UK, […]
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Wasserman acquires Lithuanian basketball agency BBaltics
We assisted Wasserman, a leading global sports agency, in acquiring Lithuanian basketball agency BBaltics. As part of the acquisition, BBaltics founder Tadas Bulotas will join Wasserman as Vice President, International Basketball. Wasserman and BBaltics, one of the most respected European basketball representation practices, have been partnering since 2012, with Wasserman representing and supporting clients playing […]
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Nasdaq sells Nordic Fund Market to Allfunds Bank
We assisted Nasdaq Broker Services – a company belonging to global technology and finance leader Nasdaq – in matters related to the sale of Nordic Fund Market to Allfunds Bank. Nordic Fund Market is a digital platform that enables distributors to access third party funds. Allfunds is the largest investment fund distribution network in Europe […]
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Open Circle Capital invests in Tasker
Sorainen advised venture capital fund Open Circle Capital on investing in business process management tool Tasker. Together with technology company iTo, Open Circle Capital invested a total of EUR 300,000. Tasker is used by companies whose employees spend a significant amount of their time outside the office. The tool helps to digitalize and optimize business processes and can […]