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Lithuanian startup PVcase attracts EUR 20 million investment
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 […]
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Certares enters into strategic partnership with Avia Solutions Group
Certares, a US-based investment specialist dedicated to the travel, tourism and hospitality sectors, acquired a stake in Avia Solutions Group (ASG). Certares will provide a EUR 300 million structured equity investment to ASG. The transaction is subject to customary conditions and approvals and is expected to close in Q4 2021. Our pan-Baltic team conducted legal due […]
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Global Legal Briefing regarding art and law
We contributed to the “I, Lawyer – Innovation Lawyer” project “2021 Global Legal Briefing: Art & Law Insights” in collaboration with the law firm Zaglio Orizio e Associati, as well as other law firms. About the project The project “I, Lawyer – Innovation Lawyer” was launched with the aim of enhancing the sharing of knowledge […]
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JAS Worldwide to acquire Greencarrier Freight Services International
JAS Worldwide, the global freight forwarding services provider headquartered in the US, has signed a share purchase agreement to acquire Greencarrier Freight Services International once all regulatory approvals have been obtained from the relevant authorities. Our pan-Baltic team conducted legal due diligence on the Greencarrier Freight Services International group companies in Lithuania, Latvia and Estonia. […]
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ME Investicija sells payment platform Viena sąskaita to Aktiva Finants
We are advising ME Investicija on the sale of Viena sąskaita, the largest bill payment platform in Lithuania. The Estonia-based investment company Aktiva Finants has acquired 100% of the company shares. The deal is expected to be closed by the end of 2021, following approvals from Lithuanian regulatory institutions. ME Investicija is an investment company, […]