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Sorainen Advises Barclays on Transfer of Rise Vilnius Startup Hub to Swedbank

Sorainen Advises Barclays on Transfer of Rise Vilnius Startup Hub to Swedbank

Lithuania
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Sorainen has advised Barclays Group Operations Lithuania on the transfer of the Rise Vilnius startup hub to Swedbank.

Since its establishment in the summer of 2016, the Rise Vilnius hub has been assisting startups and organizing hackathons, creativity workshops, and other events. The startup hub has 64 members and covers 34 companies. 

The Sorainen team consisted of Partner Laimonas Skibarka and Senior Associates Vytautas Sabalys, Jonas Kiauleikis, and Gerda Skirbutiene.

Sorainen informed CEE Legal Matters that it cannot provide any additional information about the deal

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COBALT is a trusted partner for daily matters and complex large-scale transactions and disputes. The firm’s broad spectrum of expertise and established position as the market leader give a comprehensive basis for providing advice on special areas of business law.

We advise top international and regional businesses, financial institutions, state and local governments, and the region’s most promising start-ups. We offer leading-edge solutions in key industry sectors: Consumer Products, Trade & Distribution, Real Estate & Construction, Pharmaceuticals & Healthcare, Energy & Utilities, Communications, Media & Technologies, Financial Services, Transport & Logistics.

COBALT has been named Baltic Law Firm of the Year 6 times. We were recognized as the Most Innovative Law Firm of the Year 2019 in the Baltics at the IFLR European Awards in London. COBALT also won CEE Legal Matters Deal of the Year Award for Estonia, Latvia, and Lithuania, as well as the overall Baltic Deal of the Year, at the 2019 CEE Legal Matters Awards. We have received multiple awards from the Chambers Europe, IFLR, The Lawyer and Mergermarket and we are regularly listed amongst the top performing M&A legal advisors in the Bloomberg, Thomson Reuters and Mergermarket deal tables

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