Baltic Partners advised private investors in a seed round

October 2024, SkillCamp – next generation VR-Training SaaS platform for security companies raised a seed round from private investors. Unreal Estates UG (the Company) established in 2019, which primarily target security services market in Germany, allows operators to reduce training cost by more than 80%, eliminating traveling costs completely, while implementing expensive real-life scenarios in […]

Baltic Partners advised on the management buy-out of SIA Mobilly

August 2024, SIA Mobilly –most popular parking and transportation payments App in Latvia was acquired from existing shareholders by a management lead consortium including Civinity AB. The transaction signed in February 2024 included acquisition of shares from all shareholders, including Normunds Bergs and Janis Bergs, ZGI Capital, Citadele banka and Vītolu fonds. Financing for the […]

Baltic Partners advised Globitex Holding AS on acquisition of significant stake in UAB Nexpay from minority shareholders

January 2024 – Globitex Holding AS, a holding company of UAB Nexpay – leading Lithuanian EMI finalized acquisition of significant stake from minority shareholders. The transaction signed in January 2023 included acquisition of shares from minority shareholders and afterwards refinancing of existing obligations, creating an opportunity for internationalizing the shareholders base and unlocking possibility for […]

Baltic Partners advised iCotton on acquisition of the key assets from Austin Lane Co. (dba Hempress Hygienics Inc.)

May 2023 – iCotton (Latvia) acquired the key assets of Hempress Hygienics Inc. (USA), including IP rights, trademarks and patents. The transaction sets iCotton footprint in the US market in-line with its strategy aimed at producing natural fiber-based hygiene products sold in Europe and exported internationally. The goal is to become one of the leading […]

Baltic Partners team advised Repharm in the merger transaction between leading Lithuanian private medical chains MediCA Group and InMedica

30 March 2022 – MediCa Group owned by AS Repharm completed the merger transaction with InMedica backed by INVL Baltic Sea Growth Fund, which became the largest transaction in Lithuanian healthcare market history to date. The combined company will represent the widest network of 70 clinics operating in 20 cities with 2,700 highly qualified specialists […]

Baltic Partners team advised founders on sale of minority stake in 8Wines.com to Purcari Wineries

14 May 2021 – 8Wines.com the fast-growing online retailer of wines received minority investment from Purcari Wineries Plc, leading wine producer in CEE. 8Wines founded in 2015 by Vasily Dinkov and Sergey Nekipelov and headquartered in Prague, Czech Republic. 8Wines.com is an independent online wine retailer specialising in selling premium wines on the EU market and beyond.The […]

Baltic Partners team advised AS Repharm in the acquisition of controlling stake in the largest medical clinics chain in Lithuania operating under MediCA Klinika and Kardiolitos Klinikos (Kardiolita) brands

03 September 2020 – AS Repharm (”the Buyer”) acquired a controlling stake in UAB MediCa klinika, UAB Kardiolita, UAB Bendrosios medicinos praktika and UAB Svalbono klinika (the Clinics) from Lithuanian medical holding CGP Management. The acquired group of companies represent the largest private medical service provider in Lithuania with the network of 33 clinics (3 […]

Baltic Partners team advised Founders and Otrais Eko Fonds on sale of 52.81% in AS Eco Baltia to INVL Baltic Sea Growth Fund

29 June 2020 – Founders and Otrais Eko Fonds (”the Sellers”) have sold a controlling stake (52.81%) in AS Eco Baltia to INVL Baltic Sea Growth Fund (”the Fund”). AS Eco Baltia is the largest environmental management group for plastic recycling and waste collection in the Baltics. In 2019, Eco Baltia’s group revenues increased by […]

Baltic Partners acted as financial advisor to private investors in acquisition of Levada group of companies

29 October 2019, Odessa – Levada group of companies sold certain trademarks and production assets to private investors. Levada is leading national producer of frozen semi-finished products and well recognized national brand with total annual production capacity of 36,000 tons and export to Moldova, Belarus and other countries Acquisition by private investors will allow Levada […]

Baltic Partners acted as exclusive financial advisor in the process of acquisition of a minority stake in Tekpoint GmbH

22 November 2018, Vienna – Tekpoint GmbH and its private shareholders signed the Investment Agreement along with the Shareholders’ Agreement resulting in sale of a minority stake to private investors. Baltic Partners advised private investors in all stages of the transaction, including analysis of the business plan, business valuation, term sheet negotiation, deal structuring, coordinating […]

Baltic Partners acted as exclusive financial adviser to Medicover AB (MCOVB:SS) on the acquisition of the Ukrainian laboratory operations of INVITRO

18 October 2018 – Medicover (MCOVB:SS) has signed an agreement to acquire the Ukrainian laboratory operations of INVITRO. The operations consist of a total of 61 blood drawing points (BDP’s) and one laboratory, focused on eastern and central Ukraine. The business is expected to be consolidated in the beginning of 2019. The transaction is subject […]

Baltic Partners advised iCotton on the acquisition of controlling stake of MedLen and Medvatfarm

8 May 2018 – iCotton (Latvia) acquired controlling stake in MedLen and Medvatfarm based in Grodno (Belarus). The group of companies under common ownership are producing hygienic products including buds and pads, diapers, feminine hygienics products, medical cotton and bandages. ​ iCotton will support further growth and development of new products at both companies to […]

Baltic Partners advised regional FMCG group on sale of snack business in Russia

8 May 2018 – Baltic Partners acted as the exclusive financial advisors in the process of disposal of assets in Russia. ​ Baltic Partners’ client was a leading regional manufacturer of snack products in CIS under brands Flint, Russkie Semki, Macho, Chipsters and Morskie. In 2017 the group Sales in Russia reached approximately 36 mUSD.​ […]

Baltic Partners advised iCotton on the acquisition of controlling stake in WSE listed Harper Hygienics from Enterprise Investors

15 March 2017 – Private equity firm Enterprise Investors agreed to sell 59.95% stake in Harper Hygienics to iCotton. Furthermore, iCotton provided additional financial commitment of over EUR 5 mln to support sustainable operations and further development. iCotton will also conduct obligatory tender offer for 6.05% of shares listed on WSE to consolidate 66% of […]