News

Baltic Partnes joins forces with 1 Asset Management to launch €50+ million Baltic Capital Markets Acceleration Fund

29 September 2025 –Baltic Partners has teamed up with Fund management company 1 Asset Management and, with investments from Lithuania’s national development bank ILTE and Latvia’s ALTUM, announced the launch of the Baltic Capital Markets Acceleration Fund – the first initiative of its kind in the region. With a target size of over €50 million, the […]

Baltic Partners received “Financial Advisor of the Year in Latvia” award from Latvian Private Equity and Venture Capital Association (LVCA)

16 May 2025 – Baltic Partners received Financial Advisor of the Year award from Latvian Private Equity and Venture Capital Association (LVCA) and  Latvian Business Angels Network (LATBAN). Baltic Partners has received the award for advisory work on the management buy-out deal for SIA Mobilly. The award was received during Gada Investors 2024 event and […]

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 VR and achieving […]

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 transaction […]

Buy-out of minority shareholdersBaltic Partners advised Globitex Holding AS on acquisition of significant stake in UAB Nexpay from minority shareholdersBuy-out of 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 […]

Founders and Otrais Eko Fonds sold 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 (51.81%) 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 […]