PwC Lithuania‘s Deals team, in collaboration with colleagues from PwC Latvija, PwC Estonia and PwC España, advised Intrum AB on the sale of Intrum Baltics to Activa Finance Group. The transaction perimeter covered the servicing platforms and investment portfolios of Intrum Baltics (Intrum Estonia AS, Intrum Latvia SIA and Intrum Lithuania UAB).
PwC acted as the lead sell-side M&A advisor.
Intrum is the industry-leading provider of Credit Management Services with a presence in 21 markets in Europe. Intrum AB has around 10 000 dedicated professionals who serve around 80 000 companies across Europe. In 2022, revenues amounted to SEK 19.5 billion. Intrum AB is headquartered in Stockholm, Sweden and is publicly listed on the Nasdaq Stockholm exchange.
PwC advised Kantar Public Ltd., a portfolio company of Trilantic Europe, on the acquisition of the leading European research and policy analysis centre PPMI. In this deal, PwC Lithuania acted as an exclusive financial M&A advisor ,financial and tax due diligence provider.
Kantar Public is a world-leading independent specialist research, evidence, and advisory business providing services to government and the public realm, across all aspects of public policy.
PwC advised Greentech SA, a portfolio company of Abris Capital Partners Ltd., a circular economy leader in Central Europe, on the acquisition of the largest industrial waste management company in Lithuania - Žalvaris UAB. In this deal, PwC Lithuania has provided the buy-side financial and tax due diligence and other transaction advisory services.
Abris Capital Partners is the leading ESG transformation specialist private equity fund manager, focused on mid-market opportunities in the major countries of Central Europe. The combined business will be well placed to act as a trusted recycling partner for producers and waste generators that are investing more in carbon footprint reduction.
PwC‘s Deals team, in collaboration with PwC Legal, advised TietoEVRY Oyj on the sale of the part of Tieto Lithuania‘s business, which consists of the company's technological services segment, to the group company TietoEVRY Tech Services Lithuania. PwC Lithuania‘s Deals team performed the valuation services to the Tech Services business.
TietoEVRY is a leading technology company specialising globally in cloud, data, and software services, serving thousands of businesses and public sector clients in more than 90 countries worldwide.
PwC Lithuania has advised Quaero European Infrastructure Fund II by developing a detailed cash flow model regarding the operations of Baltic Rezo UAB and its subsidiaries. We are pleased that our work helped Baltic Rezo to secure a EUR 30m 10-year loan from SEB Bank to further expand its Baltic telecommunication infrastructure focusing on data centres and fibre-optic networks.
Quaero European Infrastructure Fund II is part of QUAERO CAPITAL, an independent, specialist fund management firm which brings together independently minded investment managers who use original research to provide actively managed strategies for clients in the institutional and wholesale markets.
PwC Lithuania, in collaboration with PwC Finland, advised Fiskars Oyj Abp in their recent EUR 155m acquisition of the renowned Danish luxury lifestyle brand, Georg Jensen. PwC Finland played a key role as advisors, offering expertise in financial & tax due diligence, accounting consulting services, and integration preparation work. Simultaneously, PwC Lithuania actively supported colleagues in Finland by contributing the majority of the team to the financial due diligence work.
Fiskars Group is the global home of design-driven brands for indoor and outdoor living. The brands include Fiskars, Gerber, Iittala, Royal Copenhagen, Moomin Arabia, Waterford, and Wedgwood, which are present in more than 100 countries with approximately 350 own stores. The acquisition supports Fiskars Group’s Growth Strategy by expanding the company’s luxury home brand portfolio. Also, reuniting the beloved Danish design brands Georg Jensen and Royal Copenhagen offers attractive commercial excellence opportunities.
In addition to previous we have conducted over 40 other projects involving DDs, valuations, M&A activities and other corporate finance related analysis in a number of different sectors while we have also worked on a few lead M&A advisory mandates which are continuing in 2024.
We are particularly thrilled to be involved in multiple international engagements throughout the year and contribute towards PwC Deals and Corporate Finance team being named the Global #1 M&A Advisor by Volume for 2023 according to Thomson Reuters, Bloomberg, Mergermarket, and Dealogic.
