TGS Baltic is the largest law firm in Lithuania
A leading law firm in the Baltic states TGS Baltic is now the largest law firm in Lithuania by the number of lawyers qualified as advocates. Based on data of the Lithuanian Bar Association as of 13 May 2019, there were 41 advocates working in the Lithuanian office of TGS...
Sonarworks secures €5M in Series A financing co-led by Practica Capital and Karma Ventures
European audio software innovator Sonarworks announced that is has completed a 5 million Euro Series A round of financing. The financing was co-led by Practica Capital (Lithuania) and Karma Ventures (Estonia), with participation from Revo Capital (Turkey), SuperAngel (Estonia), ProksCapital and Imprimatur (Latvia). Sonarworks, which was founded in 2012, is a...
Baltic VC firm Practica Capital announces two new investments
Practica Venture Capital II, the latest venture capital fund of Practica Capital, today announced the completion of its first two Seed round investments in startup companies, a global B2B pharmaceutical licensing marketplace Pipelinepharma and PVcase, a software developer for designing solar power plants. Pipelinepharma is a global B2B pharmaceutical licensing...
Fenestra Suomi buys Domus window factory and starts hiring for its Loimaa site
* Factory to resume production in early April * Fenestra sees market for quality windows growing in the Nordics * Fenestra sees synergies as it now has production both in Finland and in Estonia Turku (Finland) – Fenestra Suomi has acquired assets of the bankrupt Finnish window manufacturer Domus. The...
INVL BALTIC SEA GROWTH FUND HOLDS FIRST CLOSING AT EUR 106 MILLION
INVL Asset Management, one of Lithuania’s leading asset management companies, completed a first closing of the INVL Baltic Sea Growth Fund, a closed-end private equity fund intended for professional investors, at EUR 106 million. The INVL Baltic Sea Growth Fund became the largest private equity investment fund in the Baltic...
2018 was a record year for the Baltic transaction market
2018 was a record year for the Baltic transaction market, both by number of transactions announced and total disclosed value. The impressive results call for a closer look at the highlights of the year and a review of major trends and developments in Baltics and Belarus: https://bit.ly/2Tw5enz