TGS Baltic has advised medical clinic chain InMedica on the acquisition of Saulius Viksraitis' Plastic Surgery Center in Kaunas.

Former Associate Partner Marius Rindinas has been promoted to Partner at SPC Legal.

Ellex, working with Jankovic Popovic Mitic, has successfully represented the interests of Alita before the Court of Appeals of Lithuania.

Motieka & Audzevicius has advised Linas Agro Group on its acquisition of Agro Logistic Service from Kauno Grudai. Cobalt advised Kauno Grudai on the deal.

Ellex has advised Japanese venture capital fund Mistletoe on its investment in Lithuanian startup Bee Loop. Aliant Tarvainyte Vilys reportedly advised Bee Loop on the deal.

Sorainen, working Linklaters, has carried out a study on the development of a sustainable finance action plan in Lithuania, commissioned by the Lithuanian Ministry of Finance.

Triniti Jurex’ Giedre Ciuladiene and Arturas Vaisvila have become Partners, while Raminta Vilcinskaite and Olga Siomina have been promoted to Associate Partners with the firm.

TGS Baltic has advised Pax8 on its acquisition of cloud services and software distributor TVG. Cobalt advised TVG's shareholders on the sale.

Sorainen has advised Nosto on its acquisition of Lithuanian e-commerce startup SearchNode. Magnusson advised the seller. Bird & Bird reportedly advised Nosto.

A booming economy – with some legislative updates hampering the smooth sailing of corporate operations – and frictions with China and Belarus are the key updates for Lithuania, according to Glimstedt Partner Andrius Ivanauskas.

Walless has advised Vilniaus Baldai on its EUR 6 million issuance of six-year bonds. TGS Baltic advised the State Aid Fund for Business on purchasing all the bonds. 

Ruta Armone, Migle Petkeviciene, and Dovile Stancikaite have been promoted to Partner at Ellex in Lithuania. 

Head of Public Procurement specialization group Karolis Smaliukas and Head of Energy Industry group Paulius Zapolskis have been promoted to Partner at TGS Baltic in Lithuania, as of January 1, 2022.

TGS Baltic has advised business-to-business distributor of business essentials OptiGroup on its sale to the FSN Capital VI fund.

Sorainen has promoted nine new Partners in three different countries. Estonia's Kaido Kunnapas and Katlin Krisak, Lithuania's Simonas Skukauskas, Monika Malisauskaite-Vaupsiene, Evaldas Dudonis, Kazimieras Karpickis, and Indre Sceponiene, and Belarus' Ann Laevskaya and Kirill Laptev have all joined the Sorainen partnership at the beginning of 2022.

Rokas Jankus and Edvinas Lenkauskas have been promoted to Partner at Motieka & Audzevicius, as of January 1, 2022.

Norton Rose Fulbright, Krehic & Partners, and Magnusson have advised Inter Cars on the extension, increase, and reorganization of senior facilities in the aggregate amount of PLN 1.84 billion. Clifford Chance advised the financing consortium.

Contributed by ILAW Lextal.