TGS Baltic advised Koinvesticinis fondas in signing the first investment agreement

04 / 18

After the signature of the agreement, KŪB Koinvesticinis fondas becomes the silent investor in UAB Gusania, which transfers its votes and non-property rights to private investors, who will take part in management of the company under the established terms and conditions.

Dalia Tamašauskaitė-Žilienė, Partner at TGS Baltic, and Andrius Voska, Associate at TGS Baltic, drafted the transaction documents, advised in negotiations and conducting the first transaction, which signifies a new phase in the activities of KŪB Koinvesticinis fondas.

UAB Kofinansavimas, which controls KŪB Koinvesticinis fondas, is a subsidiary of Invega, established in order to implement the venture capital investment measures. KŪB Koinvesticinis fondas seeks to develop the Lithuanian venture capital market, to contribute to the promotion of activities of new participants in the venture capital market, making capital more available to young and promising Lithuanian enterprises.