Walless has advised Nordic fashion e-commerce company Boozt on its acquisition of Lithuanian technology company Estina.
Boozt specializes in e-commerce, providing Scandinavian and international fashion and lifestyle brands for men, women, and children. With over 2 million active customers, the company offers a multi-brand web store and a Nordic fashion outlet.
Estina has developed web and e-commerce solutions since 2008 in Lithuania. The company partnered with Boozt in 2010 and has provided e-commerce services ever since.
“Acquiring Estina is a natural next step for us,” commented Boozt CTO Jesper Brondum. “As we continue to expand the services we offer customers and partners, we need a strong tech foundation that supports growth. The team in Vilnius knows our culture and business processes very well, and they are essential for our continued scaling. Securing the right talent and competencies in-house ensures that we stay at the forefront of the latest technological advancements and are well fit for the future.”
The Walless team consisted of Managing Partner Dovile Burgiene, Associate Partner Alina Makovska, Senior Associate Guoda Sileikyte, Associate Greta Liutkute, and Junior Associate Migle Jeremiciute.