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Baltics’ largest private equity fund makes first investment in Estonia
We advised INVL Private Equity Fund II, the largest private equity fund in the Baltics and part of the Invalda INVL group, on their first ever private equity investment in Estonia. INVL signed an agreement to acquire a 75% stake in Eesti Keskkonnateenused (EKT), Estonia’s largest waste management group. Opening up more opportunities to implement […]
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Mantinga Group acquires Dutch frozen bakery distributor F&L Sales B.V.
We advised Mantinga Group – one of the leading producers of frozen bakery goods, snacks, and bread in the Baltics – on the acquisition of F&L Sales B.V., a Dutch company that will now operate as the new group division Mantinga Netherlands. F&L Sales B.V. is a long-established independent distributor of frozen baked goods in […]
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INVL Asset Management has secured commitments from institutional investors to the INVL Private Equity Fund II
We advised the investment management company INVL Asset Management during a key stage of the private equity fund formation process – the onboarding of the major institutional investors, the European Investment Fund (EIF) and pension funds, managed by asset management companies of Luminor bank, into INVL Private Equity Fund II. The fund is an important […]
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Cedo acquires the plastics recycler and producer Plasta Group
We assisted Cedo, a leader in sustainable FMCG private label solutions, in acquiring Plasta Group, one of the largest polyethylene recyclers and suppliers of sustainable plastic products in Europe. Plasta Group operates modern manufacturing plants in Lithuania and Sweden, employing more than 500 skilled professionals. Recycling over 45,000 tonnes of post-consumer waste plastic and producing […]
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Largest investment in the Baltic startup ecosystem this year: Vinted secures a TPG-led EUR 340 million investment
We advised TPG, a US venture capital fund manager, on its investment in Vinted, Europe’s leading second-hand C2C marketplace focused on fashion. The TPG-led group of investors acquired EUR 340 million of shares, valuing Vinted at EUR 5 billion. This is the largest investment in the Baltic start-up ecosystem this year and the largest ever […]