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Motieka & Audzevicius and Ellex Valiunas Advise on MyFitness' Acquisition of Gym Plius

Motieka & Audzevicius and Ellex Valiunas Advise on MyFitness' Acquisition of Gym Plius


Motieka & Audzevicius has advised MyFitness, a sports and fitness club operator, on the acquisition of Lithuania-based Gym Plius. Ellex Valiunas advised the unidentified sellers on the deal.

According to Ellex Valiunas, "officially, after the deal, Gym Plius will continue to operate in Lithuania, retaining its existing concept, brand, and its talented team."

The Motieka & Audzevicius team included Partner Giedrius Kolesnikovas, Senior Associate Sigita Adomaityte, Associates Rokas Jankus, Aivaras Grigas, Darius Amsiejus, and Martynas Bendikas, and Junior Associate Laurynas Ramonas.

The Ellex Valiunas team included Partner Zilvinas Zinkevicius, Associate Partner Migle Petkeviciene, Senior Associate Neringa Mickeviciute, Tax Consultant Gintaras Balcius, Associates Augustinas Macionis, Marijus Dingilevskis, and Ieva Krivickaite, and Junior Associate Tomas Balcytis.

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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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