Motieka & Audzevicius has advised UAB Holdco A as the seller in a management buyout of UAB Alna Software. Ellex Valiunas advised the buyers.
Financial details were not disclosed.
Alna Software is a Lithuanian developer of software solutions. According to Motieka & Audzevicius, the company will be known as Reiz Tech going forward.
The Motieka & Audzevicius team included Senior Associate Rokas Jankus and Associate Aivaras Grigas.
Ellex Valiunas’s team was led by Senior Associate Mantas Juska.