Labochema, a Vilnius, Riga and Tartu-based pan-Baltic laboratory supply provider, has received a growth capital investment of undisclosed amount from Lithuania SME Fund managed by BaltCap. Along with the equity investment, Siauliu bankas will provide a new loan facility to Labochema. These capital is expected to support the company’s continued growth in Lithuania and other […]

Impuls LTU, a Lithuanian health club chain, has received an investment of undisclosed amount from BaltCap. The company intends to use the proceeds to expand the chain, both organically and through add-on acquisitions. Impuls operates the leading Lithuanian health and fitness club chain with 8 gyms in the country’s main towns. The company operates only […]

Ygle, a Vilnius, Lithuania-based provider of building systems solutions, has received a majority investment of undisclosed amount. The equity financing was provided by Lithuania SME Fund, a growth capital fund managed by BaltCap in 2010 as part of the JEREMIE initiative in Lithuania. With the transaction, BaltCap has acquired 60% of the company. Along with a new […]

SIA Runway, a business process outsourcing service provider, has received an equity investment of undisclosed amount from BaltCap. With the investment, BaltCap Private Equity Fund advised by BaltCap has acquired 40.82% of Runway’s shares from the company’s largest shareholder, Norwegian firm Dasha AS. The investment is intended to help the company further expand in the […]

BaltCap has successfully attracted private fundraising for the first ever risk capital fund to invest into Lithuanian SMEs. This forms part of the European Investment Fund (EIF)-managed JEREMIE Holding Fund initiative in Lithuania. This fund will focus on expansion financing of SMEs with established operations and growth potential taking equity stakes of up to €3m […]

Syntaxis Capital, a Vienna and Warsaw-based mezzanine capital provider, announced the first closing of its second Central European mezzanine fund, with aggregated commitments of €140m, just over half its targeted amount. Syntaxis Mezzanine Fund II follows on the firm’s main fund which reached the final closing at the end of 2008, which collected under €120m, […]

The European Investment Fund has in principle approved the Fund LitCapital I as the second new risk capital fund dedicated to investing into Lithuanian SMEs in the framework of JEREMIE. This fund, which have a target size of approximately €25m, will provide start-up and expansion financing for micro, small and medium size companies with growth […]

The European Bank for Reconstruction and Development has adopted a new strategy for Lithuania which addresses Lithuania’s crisis needs and underpins the Bank’s commitment to support the country in further advancing the transition reforms. Among the priority areas identified with the new strategy, the EBRD will focus on stabilising the financial system, further improve the […]

The European Investment Fund (EIF) will finance AB SEB Bankas, AB DnB NORD Bankas and AB Siauliu Bankas to manage the new Funded Risk Sharing Instrument dedicated to provide loans for Lithuanian SMEs in the contest of the European Initiative JEREMIE. JEREMIE (Joint European Resources for Micro to Medium Enterprises) is a joint initiative launched […]