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Largest Series A round in Lithuania: remote interpretation platform Interactio raises USD 30 million
We assisted global venture capital firms Eight Roads Ventures, Storm Ventures and Notion Capital in the largest Series A round in Lithuania and one of the largest in the Baltics to date. Eight Roads Ventures and Storm Ventures co-led a USD 30 million investment in Interactio, the leading remote interpretation platform based in Lithuania. Funding […]
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Eco Baltia acquires majority of shares in Ecoservice
We advised Eco Baltia, the largest environment and waste management group in the Baltics, on acquiring the majority of shares in Ecoservice, a leading Lithuanian waste management company. Latvian-based Eco Baltia, managed by the private equity fund INVL Baltic Sea Growth Fund and the European Bank for Reconstruction and Development (EBRD), signed an agreement with […]
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Storskogen acquires majority of shares in Scandia Steel
We assisted the Swedish-based company Storskogen in acquiring a majority of the shares in Scandia Steel – a leading Scandinavian supplier of steel pipe piles in foundation and foundation reinforcements. Manufacturing takes place in Kretinga, Lithuania Scandia Steel has 94 employees and a turnover of almost EUR 40 million. The company’s product development and sales […]
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InMedica acquires two clinics in Utena
We advised the shareholders of Šalavijas clinic in Utena on the sale of shares in two companies operating under the Šalavijas brand (Aksanas and Dilina) to InMedica. InMedica acquired 100% of shares. The InMedica network’s 26th clinic in Lithuania Šalavijas clinic provides primary- and secondary-level healthcare services and employs 75 people. It has become the […]
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Largest office lease deal in Lithuania this year: Dexcom leases office space in Vilnius
We advised Dexcom, a US medical technology company, on the largest office lease transaction in Lithuania so far this year. Dexcom has signed an agreement to lease a 6,000 m2 office space in the business centre Business Stadium North East in Vilnius. The project is being developed on the site of the former Žalgiris stadium […]