We advised venture capital firm Elephant VC on investing in Lithuanian startup PVcase, a developer of software for solar power plants. In the series A round the startup raised EUR 20 million. Venture capital funds Practica Capital and Contrarian Ventures, which had previously invested in the company, also participated in this round of funding. The […]
We advised Lithuanian venture capital fund Open Circle Capital and Finnish venture capital fund Inventure on investing in marketing analytics and reporting startup Whatagraph. In the series A round the company raised USD 7.2 million. LitCapital (the lead investor) and business angel Giles Palmer also invested in the company in this round. This is the […]
We advised the founders of the insurance aggregator Edrauda.lt, Rima Kazlauskaitė and Dainius Alkinas; and investor ME Investicija on selling the company to the online insurance group Netrisk Group. The group is owned by TA Associates, a leading global growth private equity firm, and MCI EuroVentures, a technology investment fund. Netrisk Group operates in Lithuania, […]
Our team assisted the owners and co-founders of Deeper, and the financial investor Gemini Grupė, in selling the company shares to Resource Partners. The new investors will become the majority shareholders in the company and will be supported by Donatas Malinauskas, who will continue in his role as CEO. Deeper is considered one of the […]
We are assisting asset management group Invalda INVL in acquiring Mandatum Life’s Baltic insurance business. Mandatum Life is one of Finland’s largest life insurance companies, which also operates in the Baltics through branch operations across Lithuania, Latvia and Estonia. Invalda INVL has signed a deal in principle to acquire Mandatum Life’s Baltic insurance business. Completion […]