CEE Legal Matters
In-depth coverage of the news and newsmakers that shape Europe's emerging markets
Zivkovic Samardzic has advised South Central Ventures on its investment in LeanPay, a consumer financing startup that helps people pay for consumer goods on credit in installments.
Motieka & Audzevicius has advised YNOT Media on the acquisition of FCR Media Lietuva, the Lithuanian division of the FCR Media Group, a company owned by BaltCap which operates in the market of advertising services and business information dissemination through digital channels. SPC Legal advised the sellers on the deal.
Gessel has assisted Sunfish Partners with the legal and tax structuring of a new fund established under the PFR Starter program of the Polish Development Fund.
Turunc has advised Vinci Venture Capital on its investment into Octovan.
Cobalt has advised the BaltCap Growth Fund on investing almost EUR 3 million of growth capital in Viru Haigla AS to expand the Pihlakodu chain of elderly care homes. As a result of the transaction, BaltCap will acquire a minority shareholding in Viru Haigla AS.
Motieka & Audzevicius has advised 70 Ventures, UAB on the establishment of the 70 Ventures Accel and 70 Ventures Seed private equity funds. 70 Ventures, UAB was selected by INVEGA as the manager of the accelerator funds, which will provide training and investment for innovative start-ups.
Sorainen has advised FinEst Bay Area Development on signing a memorandum of understanding for EUR 15 billion in financing with China’s Touchstone Capital Partners for an undersea train tunnel linking Helsinki with Tallinn.
