Motieka & Audzevicius has advised BaltCap Growth Fund and IAM PetCare Growth Fund joint venture Vet Ventures Europe on its strategic investment into UAB Jakovo Veterinarijos Centras. Leximum reportedly advised the sellers.
The BaltCap Growth Fund is an Estonian fund. The IAM PetCare Growth Fund is a Lithuanian fund. The transaction remains contingent on regulatory approval.
According to Motieka, UAB Jakovo Veterinarijos Centras is "the oldest private veterinary clinic operating in Vilnius, Lithuania," since 1991, and specializing in veterinary services for dogs and cats.
"This investment into one of the most trusted veterinary clinics in Vilnius will allow [...] the rapid expansion of the Vet Ventures group in the veterinary sector for small animals," the firm announced.
The Motieka team included Partner Rokas Jankus and Senior Associates Darius Amsiejus and Laurynas Ramonas.