Yesterday, Sorainen and Baltic Family Firm Institute (BFFI) presented the results of the first pan-Baltic survey of family businesses. The survey has revealed that Baltic family firm owners are eager to hand over their businesses to the next generation. Nine out of ten Lithuanians and almost as many Latvians, and eight out of ten Estonians […]
Assistant lawyer Natālija Ķīse compiled the material. Competition The General Court’s judgement on the recovery of State aid awarded to JCDecaux by Belgium is upheld by the Court of Justice Delivered: 26 September 2024 In the appeal case JCDecaux Street Furniture Belgium v. Commission (C-710/22 P), the Court of Justice rendered its decision regarding the […]
Despite turbulent times in macroeconomic and geopolitical situations over the past few years, the Baltic M&A market has been reasonably active, especially in Lithuania, according to the recent “Baltic Private M&A Deal Points Study 2024”. The study analysed 179 private M&A transactions with a deal value of over EUR 1 million completed in the Baltics […]
Event
We advised Smash Capital, a US venture capital fund manager, on investing in Ovoko, a Lithuanian startup operating online marketplaces for used car parts. Smash Capital acted as lead investor in the Series B round, which was worth EUR 20 million in total. This is the largest investment in the Lithuanian startup ecosystem this year. […]
