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We assisted the Lithuania-based market-leading public web data gathering solutions provider Oxylabs in acquiring Webshare Software Company based in Silicon Valley. Sorainen partner Mantas Petkevičius, who advised the client in this transaction, says that this is likely the first case when a Lithuania-based business has acquired a Silicon Valley company. First acquisition in Silicon Valley […]
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Deals & Cases / Jānis Bite, Eva Berlaus, Māris Simulis, Līva Aleksejeva, Zane Akermane, Ieva Zariņa, Kate Berlaua, Alise Igale, Jonas Kiauleikis, Matas Mačiulaitis, Piret Lappert, Pirkko-Liis Harkmaa, Britta Retel, Nele Suurmets, Kadri Puu, Liisa Maria Kuuskmaa, Private: Eva-Maria Kullamäe-Kuur
Acting as local counsel for the Baltics, we have been advising IK Partners and Renta Group on its acquisition of Uprent Group. About Renta Renta is a full-service machinery and equipment rental company, which prior to the acquisition had operations in Finland, Sweden, Norway, Denmark and Poland, with over 100 depots and more than 1,000 […]
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Deals & Cases / Sergej Butov, Matas Mačiulaitis
We advised shareholders in the Dojus Group on investing in the startup Walk15, founded by TV and radio host Vlada Musvydaitė-Vilčiauskė. Vladas Lašas; the chairman of the board of the Lithuanian Business Angel Network LitBAN, venture capital fund 70Ventures; and several private individuals also invested in the company, which attracted EUR 268,500 in this round. […]
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We advised global e-commerce search technology company Nosto on acquiring 100% of shares in Lithuanian e-commerce startup SearchNode. According to Nosto, the strategic acquisition of SearchNode’s award-winning search technology will allow its clients to implement site-wide personalisation, merchandising, segmentation and testing strategies natively to optimise the entire shopping journey. SearchNode has created a search engine […]
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Deals & Cases / Sergej Butov, Matas Mačiulaitis
We advised Nordcurrent, one of the largest video game developers and publishers in Lithuania, on the acquisition of Ukrainian game development company Rin Games. Rin Games is well-known as the strongest game arts team in Ukraine. Most of its employees are graphic designers and artists. Plans further development in Ukraine Before this acquisition, Nordcurrent had […]