Ellex has advised Inspiration Capital Partners on obtaining an asset management company activity permit from the Bank of Lithuania.

Motieka has advised the sellers on their successful exit from Skinija to Avex Kapitalas. Tegos advised the buyers.

Ronaldas Kubilius has joined Ellex's Lithuanian office as Partner.

Cobalt, working with Simpson Thacher & Bartlett, has advised Stonepeak on its acquisition of Bite Group's telecommunications tower infrastructure business TeleTower. Sorainen, working with Allen Overy Shearman Sterling and Paul Weiss, advised the sellers.

Sorainen has advised Gjensidige Forsikring on the sale of its Baltic insurance business to Ergo International, which manages Ergo’s international business portfolio.

Sorainen has promoted Violeta Zeppa-Priedite, Jonas Kiauleikis, and Vaiva Masidlauskiene to Partner.

Wolf Theiss and Cobalt, working with Baer & Karrer, has advised SK Capital LP on its acquisition of Swixx BioPharma Holding in a transaction valuing the company at over EUR 1.5 billion. Walder Wyss reportedly advised Swixx BioPharma.

Fort Legal has advised EfTEN Special Opportunities Fund on the development and financing of the Kvepia Metom residential project in Vilnius, developed by Rinvest.

Sorainen has advised Nuvei Liquidity on obtaining a crypto-asset service provider licence under the EU Markets in Crypto-Assets Regulation and a payment institution licence for services related to electronic money tokens from the Bank of Lithuania.

Walless has advised Lithuanian real estate developer K2 LT on the sale of its subsidiary Rekviem LT, including the disposal of a farewell home in Kaunas and 100% of the shares in the company, via a transaction valued at EUR 4 million.

Walless has advised ScaleWolf Management on securing approval from the Bank of Lithuania for the establishment of the ScaleWolf Accelerator fund as a closed-end investment company for informed investors.

Walless has advised on the launch of the EUR 35 million Aneli Venture Capital Fund in Lithuania.

Ellex has advised Munich Re on receiving regulatory approval to proceed with the acquisition of Gjensidige’s insurance operations in the Baltic states, following a decision issued on December 12, 2025, by the Lithuanian Competition Council. 

Lithuania’s regulatory landscape is undergoing a very significant shift, with crypto-asset licensing reforms and stricter fintech governance rules reshaping the market, according to Walless Partner Laurynas Narvydas.

Cobalt has advised Estravel Group on the implementation of its employee share option program.

Sorainen, working with Morrison Foerster, has advised Palo Alto Networks on its acquisition of Chronosphere.

Walless has advised Iron Wolf Capital on its investment in Self.co as part of a EUR 2.56 million funding round, with Iron Wolf Capital contributing EUR 1.2 million.

Sorainen has successfully represented a Lithuanian company owned by the U.S.-based W. P. Carey investment fund in a rent dispute against Kesko Senukai Lithuania, resulting in a final ruling from the Supreme Court of Lithuania.