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Antin Infrastructure Partners has entered into exclusive negotiations for the sale of Idex
We advised Antin Infrastructure Partners on the Lithuanian aspects of the legal vendor due diligence in connection with Antin’s entry into exclusive negotiations for the sale of Idex Group to Infrastructure Investments Fund (IIF), a fund advised by J.P. Morgan Asset Management. Idex Group is a leading independent player in energy infrastructure, providing a broad […]
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Warburg Pincus invests in Oxylabs, creating Lithuania’s newest unicorn
We advised the US private equity firm Warburg Pincus in relation to its USD 130 million investment in Oxylabs, a leading data infrastructure platform. Following this investment, the total valuation of Oxylabs will reach USD 3.6 billion making it Lithuania’s second-largest unicorn by valuation and the sixth unicorn to originate from Lithuania. “Oxylabs has established […]
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Heidelberg Materials Lietuva Betonas and ESSPO group restructure their cooperation in the concrete production segment
We advised Heidelberg Materials Lietuva Betonas on two strategic transactions with the ESSPO group, aimed at separating their activities in the mobile and stationary concrete plant segments. First, Heidelberg Materials Lietuva Betonas sold its 45% shareholding in Heidelberg Mobile to the ESSPO group, thereby exiting the joint venture between the parties. Second, Heidelberg Materials Lietuva […]
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EU Taxonomy in practice: assessing 70 economic activities
We advised the Green Finance Institute of the national development bank ILTE on assessing the compliance of 70 different economic activities with the EU Taxonomy Regulation and its related legislative requirements. The analysis covered a wide range of sectors, including energy (such as electricity generation, storage, and hydrogen production), manufacturing (including packaging), construction and real […]
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Danish fund ETNA Capital acquires a controlling stake in Brolis Defence Group
We are advising the Danish private equity fund ETNA Capital on the acquisition of a controlling stake in UAB Brolis Defence Group, a Lithuania-based developer of electro-optical systems for military and security purposes. This marks the largest private equity investment in the defence sector in the Baltic States to date and the first investment of ETNA […]