Cobalt and Walless Advise on Practica Capital's Investment in UAB Upa MCT

Cobalt and Walless Advise on Practica Capital's Investment in UAB Upa MCT

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Cobalt has advised Practica Capital on its investment in a wellness and rehabilitation center in Druskininkai operated by UAB Upa MCT. Walless advised UAB Upa MCT.

Practica Capital is an early-stage venture capital investor dedicated to backing Baltic founders.

UAB Upa MCT operates the wellness, SPA, and rehabilitation center UPA Medical SPA, which is equipped with 90 rooms, a swimming pool, a sauna area, rooms for massages, body and face care, and therapeutic treatments, a conference hall, a restaurant, and other infrastructure.

Cobalt’s team included Partner Akvile Bosaite.

Walless' team included Partner Povilas Zukauskas, Senior Associates Liucija Bitinaite, Alma Marcinkute, and Mantas Lideika, and Junior Associate Ieva Pikaite.