OREANDA-NEWS.  March 26, 2014. SORAINEN Lithuania advised UAB Televizijos ir rysio sistemos in negotiating and concluding agreements on an investment in the company by venture capital fund Practica Capital.

UAB Televizijos ir rysio sistemos is the largest professional audio and video system integration and mobile TV unit production company in the Baltics. SORAINEN represented the company in negotiating the terms and conditions of investment documents and drafted transaction documents based on which a Practica Capital-controlled venture capital fund would acquire newly issued shares in the company.

The funds attracted will be used to finance expansion of UAB Televizijos ir rysio sistemos in the Baltic and other markets.

The client was advised by SORAINEN partner Laimonas Skibarka and associate Evaldas Dudonis.