15.06.2015, 01:07
MCI fund to invest in Pigu Group
OREANDA-NEWS. June 15, 2015. MCI.TechVentures 1.0 (a private equity fund controlled by Private Equity Managers which is a part of MCI Group, one of the leading Polish private equity groups) agreed to acquire a controlling shareholding in Pigu Group. Pigu Group is the leading e-commerce company in the Baltic States and operates internet shops in Lithuania (Pigu.lt), Latvia (220.lv) and Estonia (kaup24.ee).
Completion of the deal is subject to clearances from competition authorities.
Completion of the deal is subject to clearances from competition authorities.
SORAINEN team, led by senior associate Mantas Petkeviius and partner Laimonas Skibarka, advised Pigu Group and its current shareholders in this transaction.
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