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 […]
We advised YIT Lietuva on the sale of Sky Office, a business centre in Vilnius. The building was acquired by the investment and asset management group Evernord, which established its 10th fund, Evernord Real Estate Fund VII. YIT Lietuva became a strategic partner of the fund and is investing alongside Evernord investors. Sky Office is […]
News / Aku Sorainen, Kaupo Lepasepp, Kärt Anna Maire Kelder, Robin Teever, Mario Sõrm, Helery Maidlas, Kristi Aer, Marcus Niin, Stenver Pärn, Ere Mai Kool, Iris Magnus
For the fourth year in a row, the Estonian Ministry of Defence has recognised Sorainen as a supporter of national defence, awarding us the silver-level recognition for our contribution to Estonia’s defence efforts. “Your example inspires other employers as well and makes supporting national defenders seem increasingly natural and self-evident choice,” said President Alar Karis […]
We advised Bitė Group, a leading telecommunications and media group in the Baltics, on the issuance of EUR 550 million senior secured floating-rate notes due 2031, refinancing the Group’s existing notes. Bitė Group is an integrated telecommunications and media service provider in the Baltic, offering mobile communications, fixed broadband, Pay TV, media and contenct services in Lithuania, Latvia and Estonia. The Group is indirectly controlled by funds managed by Providence Equity Partners. Our team and services We advised the client in Lithuania and Latvia on all legal matters related to the issuance of the notes. Our team consisted of partners Augustas Klezys and Rūdolfs Eņģelis, counsels Vitalija Impolevičienė and Lina Aleknaitė-van […]